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Should I pay myself back for paying family's rent out of our pool of money?
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A few months ago, I paid the $1,500 rent on the house where my family and I lived. My siblings and I are in college and we work part time jobs to get by.
My father could not afford to pay the rent because he lost most of his money in bad investments. Before moving to another another country to live with his mother, he sold the last of his assets and gave the proceeds to us for our expenses ($18,000). He promised to send additional money to help out but I do not trust that he will do so in some vague amount of time. Since he moved, the four of us now live in an apartment on a very small budget.
I do not want to take money out of the account since I worry that the $18,000 will have to be stretched in order to last awhile to support us. But I think I deserve to be paid back.
Do I pay myself back from this pool of money for the paying the $1,500 rent on our old house? I work a part time minimum wage job and I had planned on using this money to pay off my credit card debt.
Do I wait an unknown amount of time to pay myself back in case my father does keep his word and send us money (which I am skeptical about)?
Are there any other options?
united-states banking debt family billing
edited 4 hours ago
Bob Baerker
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asked 5 hours ago
user13332
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up vote
2
down vote
favorite
A few months ago, I paid the $1,500 rent on the house where my family and I lived. My siblings and I are in college and we work part time jobs to get by.
My father could not afford to pay the rent because he lost most of his money in bad investments. Before moving to another another country to live with his mother, he sold the last of his assets and gave the proceeds to us for our expenses ($18,000). He promised to send additional money to help out but I do not trust that he will do so in some vague amount of time. Since he moved, the four of us now live in an apartment on a very small budget.
I do not want to take money out of the account since I worry that the $18,000 will have to be stretched in order to last awhile to support us. But I think I deserve to be paid back.
Do I pay myself back from this pool of money for the paying the $1,500 rent on our old house? I work a part time minimum wage job and I had planned on using this money to pay off my credit card debt.
Do I wait an unknown amount of time to pay myself back in case my father does keep his word and send us money (which I am skeptical about)?
Are there any other options?
united-states banking debt family billing
edited 4 hours ago
Bob Baerker
11.7k11743
asked 5 hours ago
user13332
111
New contributor
user13332 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |Â
up vote
2
down vote
favorite
up vote
2
down vote
favorite
A few months ago, I paid the $1,500 rent on the house where my family and I lived. My siblings and I are in college and we work part time jobs to get by.
My father could not afford to pay the rent because he lost most of his money in bad investments. Before moving to another another country to live with his mother, he sold the last of his assets and gave the proceeds to us for our expenses ($18,000). He promised to send additional money to help out but I do not trust that he will do so in some vague amount of time. Since he moved, the four of us now live in an apartment on a very small budget.
I do not want to take money out of the account since I worry that the $18,000 will have to be stretched in order to last awhile to support us. But I think I deserve to be paid back.
Do I pay myself back from this pool of money for the paying the $1,500 rent on our old house? I work a part time minimum wage job and I had planned on using this money to pay off my credit card debt.
Do I wait an unknown amount of time to pay myself back in case my father does keep his word and send us money (which I am skeptical about)?
Are there any other options?
united-states banking debt family billing
edited 4 hours ago
Bob Baerker
11.7k11743
asked 5 hours ago
user13332
111
New contributor
user13332 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
A few months ago, I paid the $1,500 rent on the house where my family and I lived. My siblings and I are in college and we work part time jobs to get by.
My father could not afford to pay the rent because he lost most of his money in bad investments. Before moving to another another country to live with his mother, he sold the last of his assets and gave the proceeds to us for our expenses ($18,000). He promised to send additional money to help out but I do not trust that he will do so in some vague amount of time. Since he moved, the four of us now live in an apartment on a very small budget.
I do not want to take money out of the account since I worry that the $18,000 will have to be stretched in order to last awhile to support us. But I think I deserve to be paid back.
Do I pay myself back from this pool of money for the paying the $1,500 rent on our old house? I work a part time minimum wage job and I had planned on using this money to pay off my credit card debt.
Do I wait an unknown amount of time to pay myself back in case my father does keep his word and send us money (which I am skeptical about)?
Are there any other options?
united-states banking debt family billing
united-states banking debt family billing
edited 4 hours ago
Bob Baerker
11.7k11743
asked 5 hours ago
user13332
111
New contributor
user13332 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
edited 4 hours ago
Bob Baerker
11.7k11743
asked 5 hours ago
user13332
111
New contributor
user13332 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
edited 4 hours ago
Bob Baerker
11.7k11743
edited 4 hours ago
Bob Baerker
11.7k11743
edited 4 hours ago
Bob Baerker
11.7k11743
11.7k11743
asked 5 hours ago
user13332
111
New contributor
user13332 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 5 hours ago
user13332
111
asked 5 hours ago
user13332
111
111
New contributor
user13332 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
user13332 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
user13332 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
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1 Answer
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up vote
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There is no right or wrong answer to this question. It's really about how much you are willing to, are expected to, or should help your family. You could certainly gift the $1,500 to your family and you could also rightfully insist on an immediate full reimbursement from pooled funds.
I'd suggest you try to have honest conversations with the rest of your family about your funding situation and people's expectations. The worst possible would be if others think you are gifting them this money and then when you reimburse yourself from family funds they feel like you are treating them unfairly.
answered 2 hours ago
David Schwartz
3,1091318
add a comment |Â
1 Answer
1
active
oldest
votes
1 Answer
1
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
2
down vote
There is no right or wrong answer to this question. It's really about how much you are willing to, are expected to, or should help your family. You could certainly gift the $1,500 to your family and you could also rightfully insist on an immediate full reimbursement from pooled funds.
I'd suggest you try to have honest conversations with the rest of your family about your funding situation and people's expectations. The worst possible would be if others think you are gifting them this money and then when you reimburse yourself from family funds they feel like you are treating them unfairly.
answered 2 hours ago
David Schwartz
3,1091318
add a comment |Â
up vote
2
down vote
There is no right or wrong answer to this question. It's really about how much you are willing to, are expected to, or should help your family. You could certainly gift the $1,500 to your family and you could also rightfully insist on an immediate full reimbursement from pooled funds.
I'd suggest you try to have honest conversations with the rest of your family about your funding situation and people's expectations. The worst possible would be if others think you are gifting them this money and then when you reimburse yourself from family funds they feel like you are treating them unfairly.
answered 2 hours ago
David Schwartz
3,1091318
add a comment |Â
up vote
2
down vote
up vote
2
down vote
There is no right or wrong answer to this question. It's really about how much you are willing to, are expected to, or should help your family. You could certainly gift the $1,500 to your family and you could also rightfully insist on an immediate full reimbursement from pooled funds.
I'd suggest you try to have honest conversations with the rest of your family about your funding situation and people's expectations. The worst possible would be if others think you are gifting them this money and then when you reimburse yourself from family funds they feel like you are treating them unfairly.
answered 2 hours ago
David Schwartz
3,1091318
There is no right or wrong answer to this question. It's really about how much you are willing to, are expected to, or should help your family. You could certainly gift the $1,500 to your family and you could also rightfully insist on an immediate full reimbursement from pooled funds.
I'd suggest you try to have honest conversations with the rest of your family about your funding situation and people's expectations. The worst possible would be if others think you are gifting them this money and then when you reimburse yourself from family funds they feel like you are treating them unfairly.
answered 2 hours ago
David Schwartz
3,1091318
answered 2 hours ago
David Schwartz
3,1091318
answered 2 hours ago
David Schwartz
3,1091318
answered 2 hours ago
David Schwartz
3,1091318
3,1091318
add a comment |Â
add a comment |Â
user13332 is a new contributor. Be nice, and check out our Code of Conduct.
user13332 is a new contributor. Be nice, and check out our Code of Conduct.
user13332 is a new contributor. Be nice, and check out our Code of Conduct.
user13332 is a new contributor. Be nice, and check out our Code of Conduct.
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