Dear Mary: My daughter recently came home to live (she pays a very nominal rent) while she gets her bearings in a new career. She has about $10,000 in credit card debt and now owes me about the same amount. She pays me what she can, when she can. I am charging her 6 percent interest on the unpaid balance.

A financial adviser at an investment company told her she should put money away in savings (with his investment company, of course) so she could grow her portfolio while trying to pay off h ...

( Back to Article )