Quick update on the aunt situation. I've talked to her, will be transferring the money directly. I decided on doing a lump sum because I takes a lot of coordinating for me to make it to a bank, and checks take time to clear, so once trip to the bank works for me.
On a side note, I know people can transfer money using e-mail, but I've never tried it. It feels a little unsafe. Not sure if that's a reasonable fear, maybe i'll eventually catch on to it like I caught on to online banking.
Back to aunt. I didn’t discuss a repayment schedule yet. I know she won't be in a position to pay me back for awhile. After school, she will taking more junior positions to break into the industry, which means she's taking a pay cut. Also, my cousin is getting close to college age, and I know she has to starting saving for that.
No matter. I just do a little reallocating. Remember I postponed buying a car in August. Now that I can walk to work, I don't really need a new car. I will just put off that purchase for awhile longer.
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4 comments:
I've never transferred money over the internet either...would that be with PayPal I wonder?
Glad you figured out this situation. Good luck to your Aunt with her studies :)
You are such a generous person. I hope I can someone a gift like that someday or, more importantly, I hope to be able to make some of the sacrifices you have to be able to be in that situation.
Money minder,
There's pay pal,but I've heard something about e-mail transfers through online banking. Didn't really look into it because it felt unsafe.
Nicole,
Thanks. I'm not really. I think there are people in my life who I would willingly to do this stuff for (and deserve it) and then there are others. I remember complaining about another relative being too demanding and being called selfish on this blog a little while back.
You are a very generous person. Your Aunt is lucky to have you in her life - I hope you don't feel like you owe her for all she's done for you though. :)
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