Connect with us

Company

My friend of 30 years owes me $20,000 after living in my apartment rent-free. She texted on my birthday to say she misses our friendship

Published

on


Dear Quentin,

One of my oldest friends of 30 years rented an apartment from me for 8 years. She stopped paying rent during the last year when she started her own business. She kept saying she would pay me back, but by the time she moved out 3 years ago, she owed me more $20,000 in back rent and stopped taking my calls when I tried to collect it.

Out of the blue she texted me on my birthday last week, and said she missed me, and would like to be friends again. However, her texts mentioned nothing about paying me back. I have already made peace with the lost money, and lost friendship, but I’ll bring up the back rent if we do speak again, which will probably be the end of that.

So what should I do? What should I say?

Bad Blood

You can email The Moneyist with any financial and ethical questions related to coronavirus at qfottrell@marketwatch.com, and follow Quentin Fottrell on Twitter.

Dear Bad Blood,

“…and I miss my $20,000.”

If your friendship is that important to your friend, she should have led with her amends. The price of that is $20,000. The most interesting, if not surprising, thing about her text message is that it focused on how she feels, and her needs. It does not address the harm she has done to your friendship — possibly irrevocably.

U.S. states have a dollar limit on small-claims court cases. Unless you live in Delaware, Texas or Tennessee, it seems that your dispute with this friend exceeds that amount in other states. But that also speaks to the amount of money she pocketed. It’s a lot of money, and it should not be brushed off so lightly. Think again about taking legal action.

Enough texting. Meet her face to face. Tell her that you had to pay the mortgage while she lived there rent-free, and remind her that she is not the only person with financial responsibilities, and that she abdicated her duty to you as a tenant and as a friend to pursue her needs. She used your friendship as leverage to scam free rent.

She cannot repair the friendship until she has repaid the debt.

The Moneyist: My boyfriend talked me into depositing my paychecks into his bank account, and paying for a car in his name. What can I do?

Hello there, MarketWatchers. Check out the Moneyist private Facebook
FB,
+0.98%

 group, where we look for answers to life’s thorniest money issues. Readers write in to me with all sorts of dilemmas. Post your questions, tell me what you want to know more about, or weigh in on the latest Moneyist columns.

By emailing your questions, you agree to having them published anonymously on MarketWatch. By submitting your story to Dow Jones & Company, the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.





Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Company

These money and investing tips can help you with stock and bond strategies to whip inflation

Published

on

By


Don’t miss these top money and investing features:

These money and investing stories, popular with MarketWatch readers over the past week, can help you prepare your portfolio for a period of higher inflation — transitory or not.

Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!



Source link

Continue Reading

Company

These money and investing tips can shine some light through the stock market’s ‘June gloom’

Published

on

By


Don’t miss these top money and investing features:

These money and investing stories, popular with MarketWatch readers over the past week, can help your decision-making if the market outlook becomes cloudier and momentum starts to fade — even as the outlook for the post-pandemic economy gets clearer.

Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!



Source link

Continue Reading

Company

These money and investing tips can help you stay belted in when stocks get on a roller coaster

Published

on

By


Don’t miss these top money and investing features:

These money and investing stories, popular with MarketWatch readers over the past week, give you a 360-degree view of opportunities and strategies to capitalize on in case stocks go into a June swoon.

Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!

INVESTING NEWS & TRENDS
Dow 37,000? It’s possible if U.S. stocks stage an ‘average’ summer rally

Dow Jones Industrial Average has gained 7% on average between the beginning of June and the end of August.
Dow 37,000? It’s possible if U.S. stocks stage an ‘average’ summer rally

Why it matters to the stock if Facebook is a tech company or a media play

In one of these industries Facebook shares are undervalued, which influences the stock price.
Why it matters to the stock if Facebook is a tech company or a media play

Small-cap stocks will go nowhere over the next year, according to the indicator with the best track record

Still, the gauge has been too bearish as smaller companies rally.
Small-cap stocks will go nowhere over the next year, according to the indicator with the best track record

These cool, high-quality stocks are just right for this overheated, overvalued market

Well-managed companies boast strong cash flow, a stable shareholder base, and are under most investors’ radar.
These cool, high-quality stocks are just right for this overheated, overvalued market

Investors should own these four sectors as the economic recovery plays out: SPDR U.S. chief strategist

Michael Arone of State Street Global Advisors recommends owning cyclical stocks in the financial, energy, materials and industrial sectors.
Investors should own these four sectors as the economic recovery plays out: SPDR U.S. chief strategist

It really is different this time — a new era for stocks is just getting started

Why you can’t expect the stock market’s future to look anything like the past.
It really is different this time — a new era for stocks is just getting started

Life might feel more certain this summer, but betting on a calm stock market still could go wrong

Record margin balances to messy economic data may keep investors holding their breath.
Life might feel more certain this summer, but betting on a calm stock market still could go wrong

When claiming Social Security at age 66 makes sense

The conventional wisdom to always wait until age 70 isn’t always right
When claiming Social Security at age 66 makes sense

If your financial adviser is giving you fits, it might be time to break up

Advisers have to be attentive to clients or risk losing them.
If your financial adviser is giving you fits, it might be time to break up

Bitcoin holders have no choice but to trust in Chinese crypto miners

Two-thirds of the world’s bitcoin mining power is based in China, leaving the cryptocurrency potentially vulnerable.
Bitcoin holders have no choice but to trust in Chinese crypto miners

A reality check on inflation

Art Hogan, chief market strategist for National Securities, discusses fluctuations in the cost of industrial materials.

A reality check on inflation

Bitcoin volatility signals a long road to adoption

China’s recent warning on cryptocurrency sent the market in a tailspin. WSJ’s Aaron Back explains why the recent shake-ups in the value of bitcoin, dogecoin, ether and other cryptocurrencies may point to obstacles in mainstream acceptance.
Bitcoin volatility signals a long road to adoption

3 ways to promote racial equity with your investments

Here’s how to apply a racial equity lens to your portfolio in order to support racial justice with your investments, while at the same time meeting your personal financial goals.
3 ways to promote racial equity with your investments

What you need to know about the race to the first Bitcoin ETF

Cryptocurrency skeptics and supporters have cited benefits and concerns about what the approval of a bitcoin ETF may mean for investors.
What you need to know about the race to the first Bitcoin ETF



Source link

Continue Reading

Trending