On a rebound from a failed relationship, Bethany met Dwayne at a bar when she was in her early 30s. After they spent just one night together, she got pregnant.
What about deadbeat moms? Unfortunately, plenty of women neglect the basic daily needs of their kids.
Brian shared a detailed personal story with me about his son, Sean, whose life took a lot of unexpected parental twists over two decades.
When he was in his early twenties, Sean didn’t know what to do with his life, so he joined the Marines. He was an alcoholic and his drinking problem became worse while he was in the service, stationed at Quantico, Virginia. One drunken night, he met a drug addict named Linda at a local bar. Sean knew that she was married but slept around with other Marines and local guys. They had a short fling.
Traditional personal finance advisors say you should never loan money to friends or family members, right?
Count me in as a fully tenured professor in that School of Thought.
What if you decide to ignore the advice and become a lender?
After the divorce or death of a parent, the family may grow and reshape like an amoeba as the parents re-marry, bring existing kids into the mix and create more offspring. Their children grow up and may marry, have their own kids, and the family tree gets ever more complex.
HuffPost Divorce has a “Blended Family Friday” series that profiles successful amalgamations where the parents offer advice about how to make it work.
What about when it all goes wrong?
I’ve found numerous websites, blogs, Facebook pages, and Twitter accounts that are devoted to shaming individual deadbeat dads and moms who fail to pay child support. Below are two commercial services with different approaches.
DeadbeatDirectory.Com, with a logo that looks like a Grateful Dead image, wants to be “the #1 source for humiliating deadbeats of the world!”
This website is chock full of informative articles and goodies for you such as a free credit report and score, plus tools to help you shop for credit cards, loans, and mortgages.
My comprehensive post, In a Coma & Going Broke, covered a wide range of issues about how death and disability can affect your finances.
There’s lots of food for thought on cheery topics, such as how to tell your family what you want them to do if you wind up in a coma, to the advantages of having long-term care insurance.
First, she was duped by her boyfriend Enrique who wanted to “pamper her” and “take care of everything financially.”
He’s a practical, budget-conscious research analyst in his 50s. The last person I thought would be featured in one of my “stories.” You’d never pick him as a fellow member of the Oooops-I-Screwed-Up-When-I-Loaned-Money-to-a-Relative Club.
Ken and I had been friends for about 5 years when I told him about the book I’m writing, True Stories of Gold Diggers & Deadbeat Dads: How to Prevent Financial Problems With Your Friends and Family.
(I’ll talk to anyone who will listen to me. Heck, I’ll even talk to people who won’t listen to me.)