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Here is a common scenario: a friend asks you for money for the down payment on a car and promises to pay you back as soon as he can. Being the loving and caring friend that you are, you immediately loan the…
Going from rags to riches is essentially the American Dream. Whether it happens by way of a better-paying job or winning the lottery, some studies suggest that money can change your behavior – and not always for the better. Of…
When you lend money to people you love, you put those relationships in jeopardy. But it’s hard to say no to someone who’s asking for your help out of a bind. This is tricky terrain to navigate, financially and personally….
Being a victim of identity theft is never pleasant, but identity theft at the hands of a loved one can be a life-altering experience. Knowing that someone has used your personal information for financial gain is one thing, but when…
Midlife crises are expensive. From flashy cars to trendy clothes and accessories to artificially trying to look younger with Botox or surgeries, midlife crises cost you both money and stress. It’s not easy parting with the vigor, fitness, and attractiveness…
It can be hard to refuse to loan money to a close friend or family member. You may even feel obligated to lend a financial hand to your loved ones simply because they’re important to you and you don’t want…
A few weeks ago I was talking to my dad about a friend of his who had recently passed away. The friend hadn’t left a will for his family, which included several children and step-children. As a result, the family…
One of the most awkward things I have ever had to do was to ask a relative for money. I was about to graduate college, broke but debt free, and I desperately needed a car. So I asked a relative to…
Whether it’s an anniversary present or a Valentine’s Day gift, the expectations can be high even when your funds are low. If your bank account balance limits the amount you can spend on a gift, then jewelry and other pricey…
Have you ever looked at another person’s life and wished that their clothes, their cars, and their vacations could be yours? It’s not uncommon, and I’ll admit that I’ve fallen prey to money envy. When my husband and I first…
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