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Money Rehab with Nicole Lapin

"Am I A Jerk For Not Paying My Daughter Rent?"

Money Rehab with Nicole Lapin

Money News Network

Education, Business, Self-improvement

4.61.7K Ratings

🗓️ 4 March 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

Nicole was recently sent a Reddit post written by someone feuding with their daughter over money. Today, Nicole settles their argument— and gives you a script to use if a loved one asks you for money you don't feel you owe.

Transcript

Click on a timestamp to play from that location

0:00.0

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

0:07.0

It's time for some money rehab. Have you ever heard of the Reddit thread called Am I an asshole?

0:18.3

Pardon my French, but that's really what it's called. If you haven't fallen

0:21.8

down this internet rabbit hole, it's a's called. If you haven't fallen down this internet rabbit

0:23.2

hole it's a threat on Reddit where users write about a disagreement they're currently in and

0:27.2

then ask readers to vote if they're right or if they're the asshole. Someone sent me one this week based on a money disagreement

0:34.8

asking me for advice,

0:36.3

and I wanted to open it up here on the show

0:38.4

because at its heart, it's a disagreement

0:41.2

about what to do when someone you love

0:43.6

asks you to chip in money, you don't really feel like you owe.

0:47.4

So let's take a look at the OG post.

0:49.6

The title is, Am I an asshole for refusing to pay for rent when I am living at my daughter's place for a month?

0:55.0

The post reads, My daughter, Kelly, is about to have her first baby.

0:59.0

Sadly, the husband isn't able to take any time off when the baby is born.

1:03.2

Kelly has expressed that it feels like she will be a single mom since her husband will be

1:06.9

traveling while she's on maternity leave. He will be home sometime, but for the most part

1:11.2

Kelly is on her own for the first month.

1:13.0

She asked if I would be willing to help.

1:15.0

I live over five hours away and I informed her that I would have to stay over and

1:19.2

traveling that much is a lot. She said I could stay for a month at her house and help out and I agreed.

1:25.2

The baby is due in a few weeks. I was informed today that I will need to pay rent since I'm living

...

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