Mother’s Day dilemma: My daughter bought a home for me, but now she needs cash and refuses my help

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The Moneyist: Mother’s Day dilemma: My daughter bought a home for me, but now she needs cash and refuses my help. MarketWatch; Posted on May 12, 2019

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My mom is purchasing a used car for me through a small dealership. The financing is in her name only. She secured it on her own, without the help of the dealership so the bank will be providing her a check for the loan amount. I will be paying the monthly payments directly to the bank, as opposed to paying my mom.

Well, I feel like a jerk tonight. I sold my house to move closer to my daughter and only today became incensed about how little she has helped me make that move which is done for her, as much as me.

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She inherited a good portfolio of investments and had over $500,000 in cash. She bought a house for me and paid in cash. I pay $2,000 and 3% interest to her once a month. They need to buy a larger home now and I want to give this money back to her, or at least half of it. She is adamant that I not sell my stocks to repay her.

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Last week it was my little girl’s tenth birthday and, after a hectic day. friend bought me a rotary cutting tool – like a sharp pizza cutter – which she said would make life easier than snipping.

She bought a house for me and paid in cash. I pay $2,000 and 3% interest to her once a month. They need to buy a larger home now and I want to give this money back to her, or at least half of it. She is adamant that I not sell my stocks to repay her. She is cash poor now and it bothers me that I am the reason.

When family caregivers are unrealistic about their loved one’s level of functioning and care needs, they put their loved ones at risk. Here are eight dangers of denial, ideas about how to maintain a realistic outlook on your loved one’s care, and thoughts on helping your other family members do.

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