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re: Cousin just asked me for money: he’s a high income earner and parents are wealthy

Posted on 8/18/23 at 10:11 am to
Posted by IAmNERD
Member since May 2017
19340 posts
Posted on 8/18/23 at 10:11 am to
quote:

$50k isn't that much. Some people that much CC debt

While this may be true, $50k is a whole hell of a lot when you start to fall behind and don't have the cash to catch up. It seems that he wouldn't have fallen behind on mortgage payments if he had the money to make the payments.

If youre broke and dont have the money to make your payments, $5k can seem insurmountable.
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