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

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Are late or overdue fees Ribbis?

If I take out a library book, and they charge me $.10 per each additional day extra. Or if I owe money on a bill, and they charge me a $10 late fee for being overdue. Are these a case of Ribbis? Or ...
7
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3answers
1k views

Is maaser calculated pre-tax or after-tax?

I have heard different opinions concerning whether taxes can be deducted before calculating maaser. It is logical to me that if you cannot deduct your expense to live in your house, you shouldn't be ...
7
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2answers
140 views

Does the existence of insurance affect end-of-life Halacha?

Consider the following case: A baby is born with severe congenital defects. The doctors say that if nothing is done to address them, the baby will die within days. They also say that there's a series ...
7
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1answer
70 views

What does לְפִי כְּבוֹדוֹ (according to his honor) mean? how is it calculated?

In shulchan aruch even ezer a few times (64.4, 89.1, 94.5) the amount of financial responsibility/obligation is based on the husband's/groom's or wife's/bride's level of "respect", and in yorah daiya ...
7
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1answer
98 views

Paying bill for aveirah already done

Is one allowed to pay a service fee for an aveirah which someone else has already done, in order to get some other good or service now? The case I had in mind is an animal adoption where the agency ...
7
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1answer
100 views

Boshes damages for a מלבין פני חברו ברבים

Asked by my kid (albeit less fleshed-out than the way I'm presenting it here): One should rather submit himself to be burned alive than cause another to blanch in shame in public, according to Sota ...
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0answers
149 views

How were coins that were destined for the Dead Sea managed?

A mishna on Meila 11a talks about money that a nazarite set aside for his offerings; if he died before completing the term and had set money aside specifically for the sin-offering, those coins are ...
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3answers
3k views

How much is 2 Zuz worth in current USD?

As mentioned in the Passover Hagaddah, how much is "2 Zuz" worth in March 2013 US Dollars? Please note there may be different types of Zuz: "זוזי פשיטי" and "זוזי ממש" (Gemara Ketuvot 67a). This may ...
6
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2answers
205 views

Double portion for firstborn

I need to designate beneficiaries for a life insurance plan. I've designated my wife as the primary beneficiary and my children as contingent beneficiaries. My son is a firstborn and he has two ...
6
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1answer
138 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 ...
6
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2answers
284 views

At what cost must one perform a mitzvah?

To what lengths must one go to fulfill a positive commandment, or avoid transgressing a negative one? Obviously, with few exceptions, one must not go so far as to die in order to fulfill a ...
6
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1answer
179 views

Owning stock in companies that operate on shabbat

It is my understanding that one may only have ownership in a business that operates on shabbat if you co-own with a gentile and have an explicit arrangement that all profits derived on shabbat belong ...
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2answers
126 views

Sell the shirt off his back for Menorah, but not for anything else?

Halacha brings that one who has no money for Chanukah Lights must sell the shirt off his back to acquire them why is this the case versus almost all other Mitzvos which require up to a fifth of his ...
6
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1answer
219 views

Depiction of the Menorah, the *Shulchan* and *Kadosh HaKadoshim* on ancient coins?

On some rare ancient coins of Matityah Antigonus, there are depictions of what seem to be the Menorah and the Shulchan (one obverse die even seems to show the Lechem HaPanim). This coin has an ...
6
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2answers
190 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?
6
votes
1answer
118 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 ...
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9answers
747 views

What is the problem with dogs?

Deuteronomy 23:19: לֹא תָבִיא אֶתְנַן זוֹנָה וּמְחִיר כֶּלֶב בֵּית יְהֹוָה אֱלֹהֶיךָ לְכָל נֶדֶר כִּי תוֹעֲבַת יְהֹוָה אֱלֹהֶיךָ גַּם שְׁנֵיהֶם Why does the Torah have a problem with using the ...
6
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2answers
131 views

Check that did not clear

If I give a check in payment of an obligation or purchase and the check never cleared. The recipient never called me to say he lost it or misplaced it. Do I have to call the recipient and give him ...
6
votes
3answers
302 views

Sources discussing paying for Torah education

I am looking for sources that discuss the idea of paying tuition money ("schar limud") towards obtaining a Torah education. Topics of interest include: The importance of paying tuition for Torah; ...
6
votes
1answer
131 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?
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2answers
441 views

Is it permitted to learn in kollel without earning a living?

Based on this post which states in part: Ramoh in Yoreh Deah, 246:21 “A person should hire himself out for alien work rather than requiring assistance from others”; “The man who is ...
6
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2answers
177 views

Is one allowed to cancel a check?

If I give a check to someone (as a gift) and I change my mind, am I halachically allowed to cancel it, or do we say that the check is a shtar, and by signing it is considered as if I gave him the ...
6
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3answers
389 views

Investing in Halacha

Does anyone know some halachik sources that discuss investing in stocks? There are many potential issues. For example, do you need to worry (about ribbis) if your money is used to lend with interest? ...
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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, ...
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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 ...
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3answers
128 views

Shalach Manos $$$

Can you use Money for Shalach Manos?
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3answers
135 views

Bracha on giving Machatzis HaShekel

In the times of the Beis HaMikdash when the Machatzis HaShekel was given was a bracha recited?
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3answers
223 views

Is there any issue except for Dina Dmalchusa in counterfeiting money?

If someone were to find a way to make exact forgery of currency (in such a way that it would be impossible for anyone to find that it's counterfeit), would there be any prohibition to do so (except ...
5
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2answers
478 views

How is a heter iska made to work with a non-business loan?

I understand that a heter iska is basically a method of restructuring a loan as an investment, done in such a way that the lender/investor is more-or-less guaranteed to get his capital back, plus a ...
5
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2answers
117 views

Which night of Chanuka should you give out Chanuka Gelt?

Is there a specific night of Chanuka that is better to give out Chanuka Gelt?
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1answer
152 views

Maaser on gift cards?

There is a tradition of giving 10% of one's income to charity. Suppose someone receives a gift card as compensation for his work. Should that person separate 10% of the value of the gift card to ...
5
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3answers
190 views

When does the obligation of Maaser money begin?

There is a tradition of Maaser Kesafim, to give 1/10th of ones salary to charity. Is there a particular set time when the obligation to set aside this money for charity begins? For instance, is one ...
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1answer
65 views

Tzedakah and Maaser - one obligation or two?

I understand that the obligation to give Maaser from our income is a sub-category of the overall commandment to give Tzedakah but consider the following question: If I made a promise (Neder) to give ...
5
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2answers
178 views

Must one give maaser from virtual money?

If a person achieves a gain or a payment of a currency that that is purely virtual and does not have any physical counterpart (ie it is not associated with a financial institution) must one give ...
5
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1answer
146 views

Responsibility for Incoming Call / Text Message Charges in Halacha

In many places (or at least in the USA), users are charged for incoming calls and text messages. If someone explicitly tells someone else to stop calling or texting their number, does that person ...
5
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1answer
113 views

Maaser on post-tax contributions to retirement accounts

In this article, quoted a few times on this site, there is a discussion on maaser deductions. He says: Tax-free income that went into a retirement (or other) account designated specifically ...
5
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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 ...
5
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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 ...
5
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1answer
68 views

Do reward tokens qualify halachically as money?

I give my children special slips of paper as a reward for good behavior (a "token economy"). They can collect these slips of paper and use them to "buy" rewards such as toys, treats, or fun ...
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2answers
249 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.
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2answers
52 views

Must you inform someone if you know you could save them from losing money?

Must you inform someone if you know you could save them from losing money? For example, if you work in an office building, and you realize a window which should be shut is open and resulting in ...
4
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2answers
149 views

Can donating to a Gemach be ribbis?

Suppose that Reuven is strapped for cash. He goes to the local Gemach and gets a hefty $10,000 dollar loan for his daughter's wedding. 3 months later, Reuven manages to acquire the money and repays ...
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5answers
182 views

How do synagogues raise funds from people other than their own members?

My synagogue, like many (most?), gets only a portion of its annual income from member dues and investment income, with the rest coming from various fundraising activities. Most of this fundraising ...
4
votes
2answers
233 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 ...
4
votes
1answer
118 views

Stealing one or one Hundred

I wanted to Know any SOURCES and their answers as to if I steal 1 dollar or one hundred dollars is it the same Sin or is it different? Is it one sin of stealing or one Hundred? When you are punished ...
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1answer
176 views

Is a speeding driver who causes damage exempt from paying due to his status as a Roidef?

On this forum they ask a very interesting question. What happens when a person who is driving a car is speeding, at a pace where a fatal accident could easily occur. He then crashes into another ...
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1answer
121 views

Is Gezel Hager a Knas?

A knas (penalty) is never paid through the admission of the one who would pay it. For example, if someone steals $1 he has to pay $2 back, but if he returns the money by himself, he only pays $1 back, ...
4
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1answer
111 views

What conditions must be met in order for voluntarily forgone income to count as tzedakah?

Suppose one has done work of some value for a charitable organization in exchange for money. This organization would normally qualify as a destination for tzedakah, and perhaps you have also given ...
4
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1answer
160 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
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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 ...