chuck

Caller: “ I have a net worth of about $3 million and my Dad has asked for $55,000 to pay his debt. What should i do?” Caller: My 80 year old father is asking my husband and me for $55,000 to pay off his credit card and car loan debt. Dave: What’s your financial situation? Carla: We’re retired, debt free, net worth between $2 and $3 million but we’re on a fixed income and would have to dip into retirement accounts to do it. Dave: And your husband’s position? Carla: He’s firmly against it. But my dad is very persuasive and I feel guilty saying no. Dave: Carla, the answer is no. You have no moral, ethical, or biblical obligation to fund your father’s bad financial habits especially when manipulation is part of how he’s asking. Carla: But he’s 80 and he’s my dad. Dave: Being your dad doesn’t give him the right to your retirement. And “no” is a complete sentence. Don’t give him an encyclopedia of reasons, he’ll debate every one. Be brief, be gentle, and be firm. Carla: What can I offer instead? Dave: Gift him Financial Peace University. Give him the tools to help himself. That’s generous without enabling the pattern.

Justice Amy Comey Barrett is discussing all the threats she’s facing. It’s sad and shouldn’t happen, but this shouldn’t be an excuse to cave. Her rulings have been out of character. If these threats are an issue for her family, she should step down now.

Upper-middle-class families are in a weird dead zone with college. They make too much to qualify for meaningful financial aid, but not enough to casually write $100,000 checks every year without it completely changing their life. So the kid looks rich on paper, gets little help, and the parents are expected to absorb the cost of a house down payment every single year. College pricing has also obviously become absurd.

New broadcasting guidelines for women's athletics have been released to crack down on camera angles and slow-motion replays that ‘sexualize’ athletes The guidelines highlight shots broadcasters are urged to avoid

Upper-middle-class families are in a weird dead zone with college. They make too much to qualify for meaningful financial aid, but not enough to casually write $100,000 checks every year without it completely changing their life. So the kid looks rich on paper, gets little help, and the parents are expected to absorb the cost of a house down payment every single year. College pricing has also obviously become absurd.