Questions pertaining to money, including both physical currency and finances, in general.

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3
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2answers
77 views

Is investing problematic?

Are there any issues involved in investing in stocks or other mediums owned by a Jewish company? I am referring to ribit (interest).
4
votes
1answer
158 views

Is a check considered paying workers on time?

You have a plumber, electrician, babysitter, etc. doing a job for you. There is a Mitzva of "Byomo Titein Schoro" paying in the same day. If you pay by check, where the person has to first go to the ...
4
votes
0answers
26 views

Does a seller acquire each coin one at a time, or all at once?

Let's say i owe someone 5 coins. I hand them to him one at a time. Does he acquire each one as i hand it to him, or does he get all of them after all 5 are in his hand? When exactly does ownership get ...
3
votes
1answer
96 views

Halachic base of big loss (hefsed merube)

We see in the halacha many times that when we have a dispute if something is permitted or not and we pasken that it is not permitted, the halacha changes when there is a big loss. I understand it ...
0
votes
1answer
36 views

Repaying debts with micropayments?

I vaguely recall hearing once that our sages do not view with favor, and have a special name for, the situation where a debtor -- presumably one who can afford to repay his debt within the originally ...
5
votes
3answers
166 views

Can a judge take an equal bribe from both sides?

It says in Choshen Mishpat Siman 9 that it is forbidden for a Dayan (judge) to take a shochad (bribe). What about if a particular Dayan is dealing with a case between Reuven and Shimon, both of whom ...
6
votes
2answers
189 views

What's the maximum allowed profit that I can make?

Is there a Halacha on how much profit can a person make on something? For example, assuming that market forces won't lower the price on a product (I'm a natural monopoly), can I have a 1000% markup?
8
votes
1answer
192 views

Processing an online payment - which will be processed on Shabbos

With my bank, when you process, online, a payment, it automatically goes out on the following day. If I authorize it on Friday they will send it on Saturday. I can also request any future date I want. ...
4
votes
1answer
100 views

Mah inyan Shmita eitzel the price of tea in China?

I saw some red peppers in an American grocery store labelled "Product of Israel". I have never seen that before, and my guess is that since it's a shmitta year, there is less of an Israeli domestic ...
-2
votes
2answers
69 views

Testing Hashem (for Monetary Gain)

If I remember right, The Legacy of Maran Rav Aharon Kotler describes how a son tests his father's ability to sense if a glass has been toveled in a mikveh. The father passed the test consistently. ...
4
votes
2answers
135 views

Shadchanus in a broken engagement [duplicate]

Reuvain & Dina get engaged and give the Shadchan, Shadchanus money. A few weeks later they break up. Does the Shadchan have to return this Shadchanus money? Suppose they never gave Shadchanus ...
11
votes
3answers
355 views

Just how overpriced was Efron's burial cave anyway?

In B'reishit 23 Avraham pays 400 shekels to Efron for the cave of Machpelah. This seems to be an enormous amount of money and Rashi suggests it's even worse than it appears (referring to larger ...
3
votes
2answers
77 views

Avodah Zarah 2b - about gold and silver

So I was recently studying Gemore Avoda Zara 2b with my friend. This part gave us some trouble: אמר להם הקב"ה במאי עסקתם אומרים לפניו רבש"ע הרבה שווקים תקנינו הרבה מרחצאות עשינו הרבה כסף וזהב ...
9
votes
1answer
797 views

Why did the rich Gentile buy a pearl?

In the story of Yosef Mokir Shabbat, Yosef is a Jew who honors Shabbat above all, and ends up becoming very rich because of it. There was a very rich Gentile who was told that all of his wealth would ...
8
votes
4answers
92 views

Why are Bikkurim and burial different from each other?

In this week's parsha we read about the mitzvah of Bikkurim. The Torah tells us to bring our first fruits of the season to the Beit Hamikdash, and offer it to the Kohanim. We are also told that the ...
4
votes
2answers
247 views

Borrowing vs renting money

Is it wrong to "rent" a Jewish person some money? Since he needs to use it, and once he is done using it he will pay you back.
4
votes
1answer
96 views

Renting building from a church

The question of renting a hall in a Church to use for a simcha (bar mitzvah) has been discussed. I have a similar question, however a little different. There is a Christian church that owns a large ...
3
votes
0answers
44 views

Can a Shul collect payment from one who does not follow specific rules?

In Sources to encourage returning s'farim to their places it has a picture of a sign saying that usage of seforim is on condition that one obligates himself to pay $18 to the synagogue fund if ...
6
votes
1answer
117 views

Redeeming maaser sheini on paper money

I know that the mishna says that maaser sheini* can only be redeemed on coins and not something else. (See this answer.) However, this was written around 2000 years ago, and the way money works has ...
7
votes
1answer
200 views

Why is Shmita only Rabbinic nowadays?

I was reading up on Heter Iska and it said that Shmita and Shmitat Kesafim are only Rabbinic today. Why do the Biblical laws no longer apply?
4
votes
0answers
118 views

Is there any halachic problem with providing a service (e.g., matchmaking) to someone for free, when others pay for it?

I recently got an interesting email from a shadchan (matchmaker), which I've paraphrased here: I have a potential match in mind for you. However, it is a halachic problem if I set you up with this ...
5
votes
0answers
328 views

Selling a house to a non Jew

Notwithstanding anti discrimination laws which may disallow a seller to only sell to other Jews exclusively. Suppose a Jewish fellow - living outside of Eretz Yisroel - lives on a block which is ...
3
votes
1answer
46 views

Is a deceased obligated to pay financial debts

Say someone becomes niftar and owes a petty sum (under 100 currency units) is his next-of-kin chayav to pay his debts under halachah?
5
votes
0answers
94 views

Do the laws of Ribis apply to loans of virtual currency?

If a Jew lends a player in a multiplayer online game money, and he knows without a doubt that that player is Jewish, does the prohibition of ribis apply? (After all, the only thing that changed was a ...
6
votes
0answers
73 views

Status of Paper Money as Currency

According to this question, Maasar Sheni cannot be redeemed using paper money. That certainly seems to be the common assumption, but is that discussed anywhere? Is paper money the same as banknotes, ...
3
votes
0answers
43 views

Monetizing ads on Shabbos?

Is there any issue with me running adverts on my app since I receive money when people click on the ads on Shabbos?
9
votes
1answer
283 views

Is a check considered cash

If one paid someone with a check, and the recipient lost the check, does the giver have to write up a new check? One can say its like cash and if he lost then its not my problem, or one can say if I ...
3
votes
1answer
127 views

Does someoene have to give ma'aser from scholarship grants or unemployment insurance?

I'm asking this question for my son. Scholarships are considered taxable income in some states, though this money usually gets sent directly to the school, so the recipient usually never accesses it. ...
2
votes
1answer
174 views

Anti-libertarian-ism in Chazal

Most of the halachos of Choshen Mishpat have to do with one person's responsibilities viz-a-viz another person's rights. However, there is at least one halacha of which I am aware where Chazal told ...
6
votes
1answer
136 views

Lending Money and Inflation

When lending money, Jews are not allowed to charge other Jews interest. However, due to inflation, the value of money decreases with time, such that the money that is repaid is worth less than that ...
3
votes
2answers
486 views

Is buying a lottery ticket a lack of faith?

Everybody would like to be rich, and winning the lottery is the easiest (albeit most unlikely) path to sudden wealth. In terms of Jewish hashkafa (philosophy), I agree that buying more than one ...
4
votes
1answer
283 views

Can tax ever be considered maaser?

Related to this question. Can tax itself (particularly in the land of Israel) ever be considered maaser? If your tax money is going towards nationally funded projects, building infrastructure, ...
10
votes
2answers
241 views

Does “foreign religious obligation” = “Takruvas Avodah Zarah”?

Background: There is a verse in the Christian scriptures (Luke 6:30) that, when read out of context, implies that a follower of osso ha’ish should give anything anyone asks for. I had heard an urban ...
13
votes
3answers
673 views

Bitcoin and Halakha

What are the halakhot that apply to bitcoin? Is it halakhickly money? What even is the halakhic definition of money? Can bitcoin transactions be made over shabbat? That sort of thing.
4
votes
2answers
224 views

Source for Quote about the cost of bread in the times before Moshiach?

Does anyone know where it says that in the times before moshiach, it will cost a barrel of money to buy a loaf of bread? I remember hearing that, but can't find the source. The reason I ask that is ...
4
votes
1answer
47 views

Wealth-based sacrifices: how to determine wealth

Some sacrifices have varying requirements based on what you can afford. For example, Vayikra 5:6, 5:7 and 5:11 have three different levels of sacrifices to bring for a guilt-offering depending on ...
7
votes
6answers
357 views

Will money fall from the sky if you pray for it?

If you daven for a parnasah and then just sit back will money come to you?
8
votes
1answer
157 views

What's the halacha with regards to Maaser for a Baal Teshuvah?

Say a person never gave charity, due to ignorance or whatever other reason. He has now become a Baal Teshuvah and started observing the Torah. What is the halacha with charity? Does he have to give ...
2
votes
0answers
122 views

What is a typical amount that a chazzan for a large shul be paid for leading the high holiday services?

I have heard anecdotally that a world class chazzan can make nearly $100,000 for leading the services on Rosh Hashanna and Yom Kippur. I don't know exactly how to confirm this but I am trying to find ...
4
votes
1answer
153 views

Borrowing money without clear plan of how to pay it back

Are you allowed to borrow money from a Jew without having a reasonable idea how you will be able to repay the loan?
4
votes
2answers
118 views

Can you redeem ma'aser sheni using a $5 bill — even though burning it will enrich your countrymen?

It's not so easy to mint coins. Canadian law says: If you want to destroy money, then burn banknotes. Don't destroy metal coins. In fact, in Canada, it is legal to burn banknotes. (Note: In the U.S., ...
1
vote
1answer
53 views

Where can I find modern business laws dealing specifically with online businesses?

I'm looking for something all-encompassing, specifically for an online business. Whether you're selling products, services or software online, I want to know how to deal with it in regards to Shabbat ...
6
votes
1answer
127 views

Is an ancient prutah muksah?

Are ancient prutahs (collectable) muksah? I would love to show them to my Shabbat guests. They are around 2000 years old. Are they legal tender?
3
votes
1answer
84 views

Is there a prohibition of paying interest misafek (doubt)?

Reuvain borrowed money from Shimon, and both are unsure if it was ever payed back. Now, of course Shimon can't claim any money from Reuvain, but if Reuvain wants to pay him back out of doubt, should ...
4
votes
2answers
227 views

Is a person obligated to purchase life insurance?

I have, unfortunately, heard about quite a few stories of fathers/husbands who were in kolel full time and then suddenly passed away leaving the family at best with very little savings and at worst ...
2
votes
1answer
36 views

Why does a guest not have to contribute a perutah for other mitzvot?

The halacha (Orah Hayyim 677) is that a guest must contribute a perutah towards the fulfillment of the mitzvah of lighting Chanuka candles. I would like to know why we don't find a similar idea by ...
2
votes
0answers
83 views

Substituting security deposit for final month's rent

A friend of mine who practices law gave me the following advice: Do not pay your final month's rent. Instead, tell your landlord to keep the security deposit as your last month's rent. That way, if ...
13
votes
3answers
244 views

Do our sources address “strategic loan defaults”?

In the most recent episode of NPR's Planet Money Podcast, they interviewed a real estate lawyer in Arizona who talked about the large numbers of her clients who have been asking for advice about doing ...
13
votes
1answer
521 views

Is flipping a coin following an omen?

If a person is deciding whether to do something and says "I'll flip a coin, heads I do it, tails I don't" does that fall under the prohibition of "don't divine with signs" in Vayikra 19?
3
votes
1answer
67 views

How do I give pidyon?

I am soon to visit a chasidic rebbe for a one-on-one meeting, for almost the first time in my life. I understand it is both appropriate and customary to (if feasible) leave "pidyon" — that is, ...