Dealing with All of the Trickiest Money Problems Between Family and Friends -- from Serial Borrowers to Serious Cheapskates
On Sale: January 1, 2008
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Your next-door neighbor's two-year-old broke your most
expensive vase, and your neighbor hasn't offered to replace
it. Your best friend expects you to shop at the boutique she
just opened, though her very pricey clothes look terrible on
you. And your sister says she needs $1,500 to send her child
to creativity camp, but you think what your sister needs is
a job. What do you do?
Such tricky and emotionally
charged dilemmas involving money are ubiquitous. Yet few of
us know how to handle them. In Isn't It Their Turn
to Pick Up the Check? Jeanne Fleming and Leonard Schwarz
- the authors of the enormously popular "Do the Right Thing"
column in Money magazine and the blog of the same
name on CNNMoney.com - dissect a host of thorny, sometimes
comic, inevitably awkward, and frequently infuriating
money-and-ethics problems that arise among friends,
relatives and neighbors.
Here's just a sample of the
situations they respond to:
- Who gets
- I lent money to my niece, and
now my brother wants a loan.
- My rich friend
keeps encouraging me to do things I can't afford.
- Our brother is stealing our inheritance.
freeloading friends are driving us crazy.
- I just
made a bundle of money, and I don't want my family to
Fleming and Schwarz also report on the
results of two groundbreaking surveys designed to illuminate
the money-and-ethics problems we confront every day. The
surveys reveal, for example, just how many of us have a
friend or relative who's a freeloader or a deadbeat; how
common we believe it is for someone to lie, cheat, or
pretend to be loving in order to be in someone else's will;
and the percentage of men - compared with women - who say
you should never marry someone who is deeply in debt, no
matter how much you love them.
Isn't It Their
Turn to Pick Up the Check? offers a fascinating tour
of the secret life of other people's money disputes and
delivers witty, down-to-earth money advice for dealing with
all the maddening problems any one of us could confront at
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