Dear Moneyist, I am a 72-year-old widow. Three years ago, I met a man, 76. We developed a relationship and, after six months of dating, I moved in with him. He wanted to travel and we did. He paid for all our first-class travel, and very expensive cruises, safaris and …
Read More »The Moneyist: My wife had a baby in June. She has $140,000 in student loans — and has now asked for my ‘blessing’ to work part time
Dear Moneyist, My wife and I had our first baby in June. As the breadwinner, my wife just returned to work after 12 weeks of unpaid maternity leave. Our savings are a bit low and she is now “asking for my blessing” to work part-time. This is distressing to me …
Read More »The Moneyist: I moved into my in-laws’ home. My husband wants to pay his parents’ mortgage, but it will come out of my income. How can I protect myself?
Dear Moneyist, I got married recently and moved into my husband’s house that he shares with his parents. (His name and his parents’ name are on the deed.) Currently, we pay a small amount for rent, but my husband hopes to take on the mortgage of the house over the …
Read More »The Moneyist: My family paid $7K for my uncle’s funeral. Our cousins said they didn’t have any money, but one remodeled his kitchen and another bought $800 shoes. Would you ask for it back?
Dear Moneyist, My two sisters and I recently paid over $ 7,000 for the funeral of our uncle, because he had no insurance and his three children claimed they had no money to do so. Soon after the burial, we found out that purchases on their part were being made, …
Read More »The Moneyist: My late husband did not see his son in 30 years. Should I mail his son photos and other memorabilia — and risk him making a claim on his estate?
Dear Moneyist, My late husband had not seen his son in over 30 years. He and his son’s mother decided on her receiving a larger share of assets in lieu of child support. He did see his son a few times a year for the next several years, but contact …
Read More »The Moneyist: My friends’ wedding reception was canceled. They’re having a small ceremony next month. I’m invited to a party next year. Do I send a gift?
Dear Moneyist, A friend of mine is getting married next month with a handful of guests, mainly family and close friends. The wedding itself was put off because of the coronavirus pandemic, but they are having a large party next year. I was only invited to the party next year. …
Read More »The Moneyist: My fiancée’s divorce decree says she’s not liable for her former husband’s $100K tax bill. That should protect her, right?
Dear Moneyist, I went through a divorce about five years ago and my youngest child will graduate college this spring. I have just gotten my finances stable again and I am back saving money. I have about eight to 10 years left to work, and should have enough saved for …
Read More »The Moneyist: ‘We, the qualifying taxpayers, should not have to suffer’: When will I receive my FIRST stimulus check?
Dear Moneyist, I feel I was unfairly denied the stimulus payment. In 2019, I made a total of $ 51,331. My filing status was “single, no children.” I was denied the stimulus payment on 4/10/20 because the IRS based my income on my 2018 taxes. I was permanently laid off …
Read More »The Moneyist: Should I tell my sister that her husband, a notorious spender, has a secret credit card?
Dear Moneyist, I am in a tough moral situation and I don’t know what to do. My older sister and brother-in-law have been fighting about money for the past year or so. He is a big spender, not just for himself, but for the whole family, friends, and community. While …
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