Getting family members to borrow money can be touchy, and it can often cause problems in relationships. Bianca needed to help her mother-in-law with money but also had to watch out for her own family’s money. She looked for advice on how to handle this tricky situation on the internet because she didn’t know how to balance both.

“Hi,

And my husband works two jobs to support our family. I stay at home and take care of the kids. Things haven’t been going well with our money, and we need to save more for our son’s college. Many years ago, my mother-in-law helped us buy our house. But now she’s having money problems. If two things were true, I would agree to lend her $2,500, but she asked my husband to do it.

First, my MIL has to write down the amount and sign a paper saying when she can give the money back. Because this is a big amount for us, I need to know that we’ll get it back in the end. Second, she would have to help us out around the house with some chores if she couldn’t pay back the full amount.

Based on the facts, I think my requests were reasonable, but my MIL was offended and said she felt insulted. Also, my husband says I’m being unfair because we wouldn’t have been able to buy our house without all the help from his mom. It’s not that I want to seem ungrateful, but I want to make sure that we’re protecting our financial stability.

This whole thing has made things pretty tense, and I don’t know what to do next. I don’t want to start more fights in the family, but I also think my worries are reasonable. Please help me figure out how to handle this tough situation.

Thanks.

Sincerely,
Bianca”

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