When my husband told me that his mom asked to borrow $2,500, I wasn\u2019t surprised, but I was worried. Our financial situation hasn\u2019t been the best lately. He\u2019s been working two jobs just to keep us afloat, and every dollar we earn is already planned out before it even hits the account. When we bought our house, his mom helped us financially, and I\u2019ve always appreciated that. But now she\u2019s having her own money troubles and wants help from us.<\/p>\n\n\n\n
I told him that I wasn\u2019t against helping her, but I had two conditions. First, she has to sign a written agreement stating that this is a loan, not a gift. I don\u2019t care if it\u2019s just on a piece of paper\u2014we need it in writing so everyone is on the same page. Second, before we give her any money, the three of us need to sit down together and go over a clear repayment timeline. No vague \u201cI\u2019ll pay you when I can\u201d kind of promises. I want an actual plan.<\/p>\n\n\n\n
He wasn\u2019t thrilled. He said she\u2019d probably take it personally, but I told him this isn\u2019t about hurting anyone\u2019s feelings. It\u2019s about being responsible. We can\u2019t afford to just give away money we don\u2019t really have, no matter who it\u2019s for. If we\u2019re going to help her, it has to be done in a way that protects us too.<\/p>\n","protected":false},"excerpt":{"rendered":"
When my husband told me that his mom asked to borrow $2,500, I wasn\u2019t surprised, but I was worried. Our financial situation hasn\u2019t been the best lately…. <\/p>\n","protected":false},"author":2,"featured_media":9282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"views":356,"_links":{"self":[{"href":"https:\/\/newsinbr.com\/index.php?rest_route=\/wp\/v2\/posts\/9281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsinbr.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsinbr.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsinbr.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/newsinbr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9281"}],"version-history":[{"count":1,"href":"https:\/\/newsinbr.com\/index.php?rest_route=\/wp\/v2\/posts\/9281\/revisions"}],"predecessor-version":[{"id":9283,"href":"https:\/\/newsinbr.com\/index.php?rest_route=\/wp\/v2\/posts\/9281\/revisions\/9283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsinbr.com\/index.php?rest_route=\/wp\/v2\/media\/9282"}],"wp:attachment":[{"href":"https:\/\/newsinbr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsinbr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsinbr.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}