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Should You Accept Family Money?

Prairie Eco-Thrifter

If you understand why your parents are offering support, you may make a better decision on whether or not to accept it. They may be offering it for their own benefit, more than yours. Parental pride in ‘my daughter the doctor’ may play a role in their desire to fund at least part of school expenses.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

We also went through multiple job losses, surgeries, huge car repairs, etc. Then the iPhone came out, and I figure other people might like to obsessively check their progress as much as I did, so I created Pay Off Debt , an app to help people keep track of their debt snowball and stay motivated. to a high of maybe $80,000/year.

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