Wedding Woes
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Why is the family involved in this arrangement?

Dear Prudence,
I’m a 22-year-old college dropout who has been struggling to get my life on track. Last year, after I moved across the country to a city where my cousin lives, my car broke down. My cousin offered to pay for it, since I couldn’t afford the repairs, and we worked out a repayment plan. Some months later, I ended up moving back home—during which time my car broke down again and this time couldn’t be saved. My cousin let me take a break from making payments as I bought another car. Then he won more than half a million dollars at a casino.

He knew I was still in no shape to pay off the repairs any time soon, and he said he didn’t want me to pay him money I didn’t have for a car I didn’t have. I asked him if he was sure, and he insisted I not finish paying him back. He’s one of the most rational people I know, so I know this wasn’t impulsive or about showing off. Though I hope to be able to pay him back eventually, this removal of urgency has been a huge relief for me.

The problem is that some family members who are aware of the situation think it’s horrible that I’m taking him at his word and are adamant that I should still be consistently paying him back. If I could, I would, but I’m still living paycheck to paycheck, and I’m just glad that this reprieve has allowed me to clear up a few hospital bills. Am I doing the wrong thing by waiting until I’m more secure financially to pay him back—which he isn’t even expecting me to do—or am I just making excuses?

—Payback Machine

Re: Why is the family involved in this arrangement?

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    I'm wondering why all these family members are getting all up into a business dealing between cousins.  And even know the specifics.  Not that I'd feel obligated to, but I'd probably give generic answers like, "Agreed!  I definitely plan to continue to pay cousin back."  Just none of their business when that is happening.  Or, "Yes, cousin and I have already discussed and agreed on payment arrangements."

    With that said, I do think the LW should eventually pay his/her cousin back.  It was a promise made and they should live up to it, when this person gets a little more on their feet.  I strongly suspect the cousin wouldn't have been so "don't worry about it", if the LW was making a decent income and living comfortably.  While a $500K jackpot is astounding and I wish it would happen to me, lol, it also isn't "quit your job, retire, and live on a yacht" kind of money. 

    Wedding Countdown Ticker
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    I'm wondering why all these family members are getting all up into a business dealing between cousins.  And even know the specifics.  Not that I'd feel obligated to, but I'd probably give generic answers like, "Agreed!  I definitely plan to continue to pay cousin back."  Just none of their business when that is happening.  Or, "Yes, cousin and I have already discussed and agreed on payment arrangements."

    With that said, I do think the LW should eventually pay his/her cousin back.  It was a promise made and they should live up to it, when this person gets a little more on their feet.  I strongly suspect the cousin wouldn't have been so "don't worry about it", if the LW was making a decent income and living comfortably.  While a $500K jackpot is astounding and I wish it would happen to me, lol, it also isn't "quit your job, retire, and live on a yacht" kind of money. 

    Eh, I think it depends. We've always talked about how money isn't necessarily equal to people. LW is living paycheck to paycheck. She/he sounds like they could also be in debt. Maybe cousin has a stable job with good income, and $500k was just an awesome investment opportunity. Perhaps LW only had $500 left, which to her would be the difference between rent or food each month, but to cousin would be a minor inconvenience if he had to pay the same. We just don't know. LW could bring it up again when they're back on their feet if they want to, but since cousin forgave the debt, I don't think it's necessary. 


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    If I were the Jackpot winner, I would absolutely write of LWs debt. In fact, I never loan anyone money I am not prepared to lose. 
    LWs family needs to butt out and LW needs to stop talking to them about it
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