Advice | Carolyn Hax: Can a couple cut strings on a monetary gift from parents?

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Advice | Carolyn Hax: Can a couple cut strings on a monetary gift from parents?
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Advice: Can a couple cut strings on a monetary gift from parents?

What you’re spending is either cash gift in hand or borrowed, but it’s spending regardless, whether you charge the project and pay cash for the “elsewhere” or charge the “elsewhere” and pay cash for the project. That’s especially apt if the “other projects” are as you say, projects, and not travel or debt repayment or whatever else. Whether you use gift or credit on the bathroom or bedroom is some microscopic hairsplitting.

If your parents are attaching tight strings to their gift money and that’s why you’re now dug in against your wife, making their pressure her problem, then they aren’t in fact the best. And you’re picking the wrong side.

Unless your priorities stink, and your daughter is in a plywood bedroom while you divert funds to retile the Jacuzzi. In that case, please have your parents write in, thankssomuch. If there’s financial duress here and the whole “gift this” and “credit that” is an anxious shell game and your parents are genuinely trying to help and maybe their help is a little wide of the mark, then just talk to them about what you need and intend to do and see if they’re open to that.

Finally: Credit cards are costlier, riskier money, so charge “projects” only if you have to or have plans and the means to do so strategically, to repay promptly and with little to no interest. Otherwise, wait, if you can.More from Carolyn Hax

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