Many years ago when I was underemployed and living hand to mouth, a fairy godmother dropped $2K into my lap. I had missed a car insurance payment and been dropped by the insurer like a stone. I had to buy into Maryland’s state auto insurance for bad brownies, but it would cost me more than one month’s pay to join it for 6 months.
I was broke and crying so I called my sibling and the next thing I knew, a check was on the way. My sibling has never asked me to repay that loan. And since then, there were a few other bailouts but nothing quite so spectacular, nor as severe. (More like being so impoverished I couldn’t buy the bridesmaid dress and shoes for their wedding.)
On Tuesday, my sibling sent me a tentative email asking for a bridge loan till they could get a rental property sold in a few weeks. I was thrilled to say yes. Just like my dad said to me many years ago, I said, “How much?” It was never a question of yes or no. I have spent the last 5 years getting myself to this point of financial stability. I’m a big girl now and my older sibling is counting on me. It feels good to help out my family.
I wasn’t about to ask my sibling to pay me back either. I am happy to do this for them. It seems karmically the right thing to do. There’s only the two of us, so there isn’t much fighting about mine and yours. That’s where we were as kids, not as adults. To this day, my sibling never mentions anything about money owed or favors done. It just is.
Turns out though they didn’t need the bridge loan from me. There’s another story that goes with this, so keep your eye out tomorrow.
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{ 4 comments… read them below or add one }
That’s such a great feeling! I was able to help out my sister a couple of times in the past by giving her some money. I was happy to be able to do so, and I know she has paid it forward to at least one friend, now that she’s on her feet financially.
It’s always nice to be able to help out the one’s that have helped you.
It’s got a be a good feeling to be able to be there for your family in that way.
I love pay it forward (and back) stories!