Seven million dollars sitting mostly untouched while medical bills pile up is a strange kind of standoff, one where nobody involved is really wrong, just operating on completely different timelines The son is upfront about something a lot of people in his position wouldn’t admit: it’s not his money, and he knows it. And that …
Seguir leyendo Man, 40s, wishes his millionaire 80+ parents would help him with money he desperately needs now instead of waiting for inheritance
Categoría:finances
After deciding to buy a house together, 25-year-old girlfriend backs out to help her own family instead, boyfriend’s family claims: ‘[You’re] being unfair’
When is it okay to back out of a deal? My husband and I make a lot of deals with each other, some of which we end up fulfilling, and some we forget about and move on from. It starts with small things, like making a deal that we will both start eating healthier, to …
Seguir leyendo After deciding to buy a house together, 25-year-old girlfriend backs out to help her own family instead, boyfriend’s family claims: ‘[You’re] being unfair’
Parents threaten to cut their 20-year-old daughter off if she goes to New York City for 10 days for a fully-funded research trip: ‘My role in my family makes me like a 3rd parent, yet I am micromanaged like a child.’
Why won’t they let her spread her wings and fly? The goal of parenthood should be to raise kids who can function independently. Of course, some kids will always need to live with their parents for reasons beyond their control. But for most parents, they should do everything they can to ensure their kids enter …
Seguir leyendo Parents threaten to cut their 20-year-old daughter off if she goes to New York City for 10 days for a fully-funded research trip: ‘My role in my family makes me like a 3rd parent, yet I am micromanaged like a child.’
Single mom demands her male friend pay her bills, shames him in their friends group chat when he can’t afford to help her anymore: ‘She felt like people were dismissing how financially stressed she was.’
Why is it his job to pay her bills? Borrowing money from your girlfriend, parent, or best friend will likely hurt your relationship with them. It doesn’t matter whether you pay the money back on time. The relationship shifts from buddy-buddy to lender-borrower, which is a totally different dynamic. Every time you hang out and …
Seguir leyendo Single mom demands her male friend pay her bills, shames him in their friends group chat when he can’t afford to help her anymore: ‘She felt like people were dismissing how financially stressed she was.’
Coworkers criticize employee for going to the movies after work instead of donating her money to her coworker: ‘I feel like I’m being watched.’
What she does with her money is none of their business! In many industries, it’s considered inappropriate to ask your coworkers how much money they make. If you find out that your coworker is making $20K more than you for the same exact job, it’s going to make it a whole heck of a lot …
Seguir leyendo Coworkers criticize employee for going to the movies after work instead of donating her money to her coworker: ‘I feel like I’m being watched.’
Wife with joint accounts refuses to show husband credit card statements despite spending $19k in 3 months: ‘She is the one who shops for daily items’
Should finances in a marriage always be an open book? Money can prove to be a big issue in relationships, and it is not always wise to assume that a partner has everything under control just because they say so. In marriage especially, there is the expectation that two people are going to share the …
Seguir leyendo Wife with joint accounts refuses to show husband credit card statements despite spending $19k in 3 months: ‘She is the one who shops for daily items’
27-year-old spends $100K worth of inheritance from his grandma, demands his single mom give him her $600K condo
She was planning to give him the condo as an inheritance after she passed, but now that his girlfriend is expecting a baby, he wants it now! Giving someone a lot of money doesn’t solve their financial problems if they’ve proven again and again that they can’t be trusted with it. One reason families set …
Seguir leyendo 27-year-old spends $100K worth of inheritance from his grandma, demands his single mom give him her $600K condo
24-year-old husband forces 23-year-old wife to cover all the bills from her paycheck, spends his money on whatever he pleases, while draining their savings
He should treat «his money» and «her money» like it’s «their money,» because it is!
Mom takes credit card from 21-year-old daughter and runs up $1300 balance, gives it to a friend without her knowledge: ‘On my card due date, my mom sends me $250 which is not even half of the money she spent’
Stealing is stealing, no matter how close you are. It is incredibly difficult to mix money and family. It happens all the time, but it’s a combination that we haven’t quite figured out how to navigate. There is no easy, one-size-fits-all solution; there are only ways to better communicate. You know this if you’ve ever …
Seguir leyendo Mom takes credit card from 21-year-old daughter and runs up $1300 balance, gives it to a friend without her knowledge: ‘On my card due date, my mom sends me $250 which is not even half of the money she spent’
62-year-old dad scolds 16-year-old daughter for buying a $60 hoodie with her own money because he’s unemployed and getting his PhD: ‘Seriously, in our financial state?’
It’s her money, she should be able to do what she wants with it. Teenagers are not known for making the best financial decisions. Famously, when I was 17, I commissioned a wig maker to create a wig that resembled the hairdo of the most famous real estate agent in my hometown. I don’t remember …
Seguir leyendo 62-year-old dad scolds 16-year-old daughter for buying a $60 hoodie with her own money because he’s unemployed and getting his PhD: ‘Seriously, in our financial state?’