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Reply to "Tension with Wife's Family over Finances"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is likely a troll. Plenty of money but not paying for college, but then providing a loan? The story doesn’t add up. [/quote] Not OP, but this is exactly the kind of thing my dad does. I was unemployed while studying for the bar, and had a clerkship after school (not a firm job), so didn't have money to cover living expenses for the 10 weeks between graduation and the exam. My dad loaned me $10,000 interest free but then started demanding I begin making payments before the end of the ten weeks, pay it back on a one-year timeframe, and then pay the whole thing back before the year was up. It was not a financial problem for them. My parents have 8-figure net worth. Many people are weird about money. And weird about giving their kids money. I now know better than to ever borrow money from my dad. But I also would never feel entitled to borrow money and then just refuse to make further payments. [/quote] Do you have siblings? This causes big problems when they are keeping score.[/quote] Yep. And siblings get treated differently when it comes to getting help from parents. Older sibling and I are treated the same. Much younger sibling with many issues is constantly handed money with no payback obligations. I don't even care anymore. I just want to stay the f*** away from their money. [/quote]
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