Thursday, September 3, 2015
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Lost & Found


VideoStill missing: Long hair Chihuahua, near 3rd and Hwy. 97, Floresville, she is very missed. If you see her please call Jeri, 409-781-3191.
*Includes FREE photo online! mywcn.com/lostandfound
Lost: Small black/white tortoise shell cat, 1-1/2 years old, Aug. 8, Country Hills area, La Vernia, friendly, "Cinnamon" but responds to "Kitty," rhinestone collar w/bell, shots, spayed. Reward! 210-725-8082.
More Lost & Found ads ›

Help Wanted

Laborer needed, starting pay is $13+ depending on experience, must pass background check and random drug test. 830-579-4487 or email resume to teika@oscenergy.com.
Be skeptical of ads that say you can make lots of money working from the comfort of your home. If this were true, wouldn’t we all be working at home?
More Help Wanted ads ›

Featured Videos





Video Vault ›
TNMCRE/MAX homeRichardson Chevrolet home
You’ve been granted free access to this subscribers only article.

Section A: General News


Resenting the family loan




E-Mail this Story to a Friend
Print this Story
Dave Ramsey
Financial Straight-Talk
June 19, 2013 | 1,071 views | Post a comment

Dear Dave,

I borrowed $30,000 from my aunt to buy a condo eight years ago. We had a deal that she would get her money back, plus a piece of the profits, when it sold. If there were no profits, she would get back her original $30,000. Recently the condo sold and I lost the money I put into it, plus my aunt’s money as well. I make good money and don’t have any other debt, but I’m a little resentful now that she wants me to pay her back. Do you have any suggestions?

Christine

Dear Christine,

I don’t want to be mean, but you have no right to be resentful toward your aunt. This is the deal you signed up for, and she did nothing wrong. Wanting her money back now isn’t greedy or malicious on her part, and it’s definitely not worth putting a family relationship at risk.

I know what you’re thinking, because it’s just human nature. You just went through a lot, and the situation didn’t work out as planned. Plus, it doesn’t sound like your aunt is hurting financially if she put $30,000 toward helping you in the deal. Part of you is thinking she has plenty of money, so why doesn’t she just forgive the debt and forget about everything?

If you were barely scraping by, I might suggest that you sit down and talk with her over a cup of coffee, explain the situation and ask her to forgive the debt. Right now, the little girl part of you is whining, “Oh, come on. Just let me go!” But the grown-up Christine knows better. That part of you is whispering, “You know what to do...”

Pay her back as quickly as possible, and get this bad deal behind you for good. You said you make good money, so just take care of your responsibility. It’ll hurt some, but it’s better than taking a chance on ruining the relationship with a very generous and loving aunt.

Dear Dave,

I’m working on my debt snowball, and I’m trying to settle with a pushy collector. I don’t have the $9,000 I owe, but I have $3,000 I’d like to offer as a settlement. Recently the collector has started asking for a lot of information I don’t feel comfortable providing. What should I do?

Daniel

Dear Daniel,

Lots of times in these kinds of situations collectors are trying to gather up as much information as possible in order to sue you. Even if that’s not the case here, there’s no reason for you to be supplying them with a bunch of extra info. Just offer them the $3,000, and make it clear that your financial coach -- which is me -- told you not to answer any more of their nosy questions.

Make sure they understand that your offer of $3,000 stands as a settlement of the debt today. If they’re willing to accept the offer, get a statement in writing saying that the $3,000 represents payment in full before you cut the check. If they choose not to accept your offer, and they keep asking questions that are none of their business, just tell them to call back when they’re willing to discuss terms. Then, hang up!

Dave Ramsey is a best-selling author of The Total Money Makeover and the nationally syndicated host of “The Dave Ramsey Show,” which airs locally on radio station 550 KTSA. View column archives at www.daveramsey.org. Questioners’ identities have not been verified by the Dave $ays column or this newspaper.
 

Your Opinions and Comments


Be the first to comment on this story!


You must be logged in to post a comment.




Not a subscriber?
Subscriber, but no password?
Forgot password?

Section A: General News Archives


Full article available to Wilson County News subscribers only. Click here to subscribe. Brownlow: Little chance ‘fracking’ could hurt water (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. City’s proposed budget, property taxes raise questions (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. County Commisioners ‘buckle up’ on $24M budget (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Court Update (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. De Leon family sells Olivia’s San Antonio location (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Distracted driving program new requirement for teens (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: Coca-Cola to obese people: Hey, exercise more! (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: How will voters sort through all the candidates? (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: Libs: Symbols mean something — unless we disagree (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville awards contract for event center repairs (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville elections take twists (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville struggles to ‘play ball’ (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Free webinar series for small businesses (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. From student job to interim manager (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Karnes airport gets $2.1M in funding (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Labor Day office closures (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Karnes County officials continue spending (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Urgent: Nix Iran deal (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Voter ID thumbprint (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Make your way to Feather Fest (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. MedDropSA is Sept. 5 (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: East Central ISD (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Oscar Mayer issues recall (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Paid firefighters could aid La Vernia volunteers (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Police Blotter (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Register to compete in Adult Literacy challenge (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Relay committee to meet Sept. 8 (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. SARA approves study of Floresville’s River Park (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Sponsors needed for Conversation with Constitution event (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Stockdale council approves $2.07M 2015-16 budget (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Substitute teacher training dates set (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. TEA lauds Falls City, Poth (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. The best medicine (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. VA cuts backlog (September 2, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Welcome back! (September 2, 2015)