Tag Archives: relationship

Borrowed Time Has Been Repaid in Memories; Farewell Elizabeth

My daughter leaves for the U.S. Air Force in a couple of days.  The months since she told us she was enlisting have turned into weeks and now days.  Soon we’ll be carefully watching each precious hour that will be poured … Continue reading

Posted in About Me, Borrowing Philosophy, Legacy, Military, Relationships, Uncategorized | Tagged , , , , , | 2 Comments

Borrowing Money From Parents for MBA: Good Credit Risk?

Hey dad, can I borrow $150,000 to get my MBA? I can only imagine the reaction from my dad if I asked that question 20 years ago.  What’s the matter kid, did you lose your mind? Bloomberg/Business Week had an … Continue reading

Posted in Borrowing, Borrowing Philosophy, Personal Borrowers, Relationships, Uncategorized | Tagged , , , , , , , , , , | 1 Comment

Lenders are Advancing! Borrowers, Run for the Lettuce!

How do you compete when you are outgunned, outmanned, outmatched and every other OUTed in the dictionary? What hope do borrowers have today?  Is hope the best strategy there is? The Wall Street Journal reported that lenders are becoming very … Continue reading

Posted in Banking, Borrowing | Tagged , , , , , , , ,

Borrowing from the Bank of Dad and Mom is Easy Money and Hard Knocks

Borrowing from family is a great deal.  A comedy of errors that can be manipulated to the borrower’s advantage. In the last post I made an argument against borrowing from the parent’s perspective. Today I look at why family borrowers … Continue reading

Posted in Borrowing, Humor, Personal Borrowers, Relationships | Tagged , , , , , , | 4 Comments

Five Things your Parents Wish you Knew about Borrowing Money From Them

Hey kids, tweens, teens and young adults, there are things your parents wish you knew when you borrow money from them.  There may even be some kids still asking for money from family in their 30’s, 40’s and 50’s.  That’s … Continue reading

Posted in Borrowing, Financial Planning, Humor, Personal Borrowers, Relationships, Uncategorized | Tagged , , , , , | 6 Comments

Bad Dog Debt: How to Avoid Selling Your Future Lassie Happiness

How much are all the licks and barks for the rest of a dog’s life worth to the owner today? I’ll show you the link between dogs, future happiness and borrowing. My wife and I watched Lassie in our pajamas … Continue reading

Posted in Borrowing, Borrowing Philosophy, Debt, Due Diligence, Financial Planning, Legacy, Relationships | Tagged , , , , , , , , , , , | 3 Comments

Financial Rabbit Trails v.s. GPS Financing: How to Avoid Path Integration

Are you following a financial rabbit trail?  Does it loop around in seemingly endless illogical patterns? Animals use path integration to determine their location and direction.  In this post we’ll learn how to manage the impulse to follow a financial … Continue reading

Posted in Banking, Borrowing, Debt, Due Diligence, Finance, Financial Planning, Money, Negotiating, Relationships, Strategic Planning, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 10 Comments