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

learn more… | top users | synonyms (1)

14
votes
3answers
247 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
525 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, ...
3
votes
0answers
267 views

Cost study comparing Kosher and non Kosher foods

Is there any published cost study analysis comparing production costs for Kosher and non Kosher foods? For example chicken. Non Kosher chicken costs x. Extra Production costs to produce Kosher ...
8
votes
1answer
145 views

Am I allowed to get miles or points for a loan?

Suppose me and my good friend Shimon are in a store shopping. Shimon wants to borrow $100 from me for his purchase. I graciously agree, but instead of giving Shimon cash, I swipe my credit card for ...
11
votes
2answers
503 views

Lottery on Shabbos

Is one allowed to buy a lottery ticket if the lottery will be held on shabbos? Is it a problem of possibly making money on shabbos even though his chances are slim?
1
vote
6answers
153 views

How do you get your money from your home tzedaka box to your favorite charity?

Okay now I have this tzedaka box sitting in my living room and it's full of coins and crumpled bills. How do I give that to my favorite charity? Or any charity?
0
votes
0answers
22 views

Borrowing in a foreign currency [duplicate]

If someone borrows money from a friend, and later reimburses him using a different country's money, how can he make sure there are no halahik complications, such as making interest? Based on what rate ...
3
votes
0answers
74 views

What happened to the spoils from Egypt?

According to Pesachim 119a, Yosef collected all the wealth of the world during the famine and b'nei Yisrael took all of it out during the exodus. The g'mara then traces what happened to it from ...
3
votes
1answer
117 views

Is requesting early payment on a loan considered a (prohibited) form of interest?

Can a Jewish-owned business that extends interest-free house account/credit, billable on a monthly basis (as per signed agreement), demand early payment? Would this be considered taking interest, as ...
4
votes
1answer
113 views

If you borrowed a tiny amount from someone but are no longer able to pay back, are you still obligated to pay back?

Say a person borrows 50 cents from a fellow Jew while out of town. The borrower cut his trip short and left without being able to pay back. Can one rely that the lender would give up hope of getting ...
5
votes
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 ...
11
votes
1answer
459 views

Kapparos on money - How much?

If one does the Minhag of Kapparos on money, how much money should be used for each person? (Sources.)
8
votes
1answer
626 views

What is the value of a (Kesuba) marriage contract?

In a regular Kesuba we give total 200 Zekukim Kesef. What is the value of that currently in US dollars? Also do you pay the value when you got married or the value at either death/divorce?
3
votes
1answer
60 views

How can one provide collateral to one's own debtors?

Picture the following scenario: Reuben needs to borrow money, and Shimon is happy to lend it to him. Unfortunately, Shimon won't lend Reuben the sum that he is after without something in the way of ...
3
votes
2answers
122 views

Stolen goods that rise in value at the time of theft - how does this effect compensation?

A thief steals the gold bar sells it off at price higher than the value of gold when he stole it. That is, the market value of the gold increased in his possession, either because the value of the ...
8
votes
2answers
142 views

Extent of financial consideration before having children

Are there financial considerations that a couple must take before having a child or children i.e. should one have children 'at any cost' or is this not a consideration. If yes, would these financial ...
3
votes
0answers
55 views

Time-limited promotional giveaways for some, fees for everyone later

If someone provides a discount for early payment, and raises the price for others, there is reason to consider this a form of forbidden usury. What if someone is giving away a gift to some as a ...
5
votes
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?
7
votes
0answers
150 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 ...
6
votes
2answers
443 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 ...
1
vote
1answer
185 views

How much is an ashkenazi kesuba today

A standard Ashkenazi kesuba is a document no different to a post dated cheque; there is nothing religious or holy about it. It says that the man will pay his wife upon divorce or death the sum of 200 ...
4
votes
0answers
204 views

How should parents divide wedding expenses with their child's future in-laws

Today there are many different practices that have been "adopted" (not formally though) among the various Jewish communities on how the parents of an engaged couple divide up the expenses of the ...
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; ...
5
votes
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 ...
9
votes
3answers
2k views

Cash value of 'perutah'

How much is a 'perutah' worth in modern currency?
1
vote
1answer
66 views

Does caring for children in foster care count as work?

If someone looked after foster children on weekends (from Friday afternoon until Sunday afternoon) and received remuneration does this count as work and not permissible on the Sabbath?
8
votes
1answer
211 views

Do Jews have an obligation to support the effort to free Jonathan Pollard?

I am not entirely clear on all of the particulars of the mitzvah of pidyon shivuyim - redeeming Jewish captives. Nor am I positive that someone jailed by a democratic goverment for breaking secular ...
4
votes
1answer
108 views

How can R' Yochanan derive from Moshe that wealth is needed in order for someone to have G-d's presence rest on him?

The Talmud (Nedarim 38A) says: אמר ר' יוחנן אין הקב"ה משרה שכינתו אלא על גבור ועשיר וחכם ועניו וכולן ממשה‏ R' Yochanan said, G-d only rests his presence on one who is strong, rich, wise, ...
5
votes
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 ...
4
votes
0answers
55 views

Davar Ha'avad on Chol HaMoed — Loss coming later

It says in SA OC Siman 537 that one is allowed to do a malacha on chol hamoed if it's a "davar ha'aved". That is to say if the person doesn't do the malacha now it will come to a loss ("hefsed".) ...
2
votes
1answer
61 views

Mitzva of Tzedaka for Pikuach Nefesh

Let's say one has a relative/parent who needs a life saving operation but does not have the financial means to pay for it or even get a loan, is one required to sell his property to help them?
1
vote
1answer
212 views

Which US half-dollar coin should be used for Zecher Machatzis Hashekel?

It is customary on Taanis Esther to give a coin (or three coins each) valued at half the local currency's standard unit to tzedakah in commemoration of the mitzvah of Machatzis Hashekel (Rema 694:1). ...
1
vote
0answers
71 views

Is Sephardi Chief Rabbi Sholomo Amar's recent psak on fiduciary responsibility really “unprecedented”?

HaAretz, last week, reported that Sephardic Chief Rabbi Shlomo Amar issued a halachic decision that "[b]usiness owners whose actions, either intentionally or through negligence, cause the public ...
1
vote
1answer
150 views

Story with Rav Safra — halacha l'maseh?

The following story is brought down in Rashi in Makkos Daf 24a (Found in Sha'iltas D'Rav Ahai Gaon) והכי הוה עובדא דרב ספרא היה לו חפץ אחד למכור ובא אדם אחד לפניו בשעה שהיה קורא ק"ש ואמר לו תן ...
6
votes
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? ...
1
vote
0answers
31 views

How much is a Prutah in cents/agurot? [duplicate]

Possible Duplicate: Cash value of ‘perutah’ Various laws mention a minimum monetary amount Prutah or Shaveh Prutah. How much is this in cents/agurot? Also, how do we calculate this ...
3
votes
0answers
73 views

Sources for supporting a married couple

The way I understand, it has become common in recent times for the parents of the girl, to offer a monthly stipend for a period of time after marriage. Is there a source for doing this?
8
votes
1answer
162 views

What happens if you borrowed money and the currency became worthless?

In Israel in the late 70s early 80s the currency (Lira) became worthless. Suppose one day the American dollar would become worthless, and one owes another $1,000,000- would the borrower just pay back ...
6
votes
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 ...
3
votes
1answer
108 views

Receiving money for a day's work, considering it to cover a debt?

I will pose this general question by presenting the following scenario: Reuvan works for Shimon. One time, at the end of the day, when Shimon came to pay Reuvan for that day's work (which was $100.), ...
2
votes
2answers
162 views

Minhag Kaparos with Money - What's the source?

In the Rama on SA OC Siman 605, we find the custom of "Kaparos" that many do Erev Yom Kippur. Of those who perform this custom a chicken is used. However many also use money (i.e. instead of waving a ...
9
votes
2answers
395 views

Shliach Mitzva money

Many people give their friends money to give to Tzedakah when they are traveling. The reason they do this is that it says "Shluchei Mitzva Ainom Nizakim". If someone is travelling to Eretz Yisroel ...
1
vote
0answers
86 views

Loan in exchange for keeping shabbos, ribis?

The Father (not frum) of a Baal Teshuva asked his son for a loan. The son agreed to give his Father the loan on condition that he starts to keep Shabbos. Is this a problem of ribis?
4
votes
0answers
94 views

What if the Gabbai Tzedakah runs away?

Suppose a Gabbai Tzedakah passes our good friend Reuven while making his collection rounds. Reuven reaches into his pocket for his wallet and removes the money he wants to donate. By the time Reuven ...
4
votes
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 ...
2
votes
0answers
46 views

Can pledged cash be exchanged for other cash?

Authorities like the Or Zaru'a have been so stringent as to say that even mental pledges are binding when it comes to gifts to the poor. Many less extreme opinions hold that verbal pledges of the same ...
8
votes
4answers
573 views

How does paying a Mohel work?

I have heard - do not know the source - that a Mohel is not supposed to charge an official price - however you are supposed to pay him. 1: Is it true that a Mohel is not supposed to charge an ...
7
votes
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 ...
3
votes
2answers
201 views

Machatziz hashekel

How much money is a Machatziz hashekel.