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Questions tagged [money]

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

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24
votes
1answer
366 views

What do you do if you made a Tzedaka pledge and now the organization folded?

Recently a friend of mine asked me the following question. He pledged $500- to a Yeshiva, yet before he paid the pledge the Yeshiva closed. Does he still have to pay his pledge to another Tzedaka or ...
21
votes
2answers
420 views

Does Jewish Law Recognize Bankruptcy?

If someone borrowed money and then declared bankruptcy, does he still have a halachic obligation to pay it back? If the lender was a corporation (bank, etc.). If the lender was a friend. Do we say ...
20
votes
4answers
1k views

Why must prophets be wealthy?

I was studying in Sefer Ha-Aggadah with a chevruta this morning and we came across a passage about prophets having to have certain qualities, including wealth. I followed the reference to Nedarim 38a,...
16
votes
2answers
654 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?
15
votes
4answers
1k views

Why did the Lubavitcher Rebbe give out dollars?

Rabbi Menachem Mendel Schneerson, the late Rebbe of Lubavitch used to give out dollars to people who came to meet him. Why did he do this?
14
votes
3answers
4k views

Cash value of 'perutah'

How much is a 'perutah' worth in modern currency?
14
votes
2answers
336 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 ...
14
votes
3answers
934 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.
13
votes
5answers
521 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 ...
13
votes
4answers
349 views

Ma'aser kesafim on capital appreciation

If you own property (e.g. stocks or real estate) that increase in value over the course of the year, are you require to donate 10% of the increase to tzedaka, if you are merely holding on to the ...
13
votes
3answers
1k 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?
12
votes
1answer
763 views

Where did the Egyptians get the wealth they brought to the sea?

In Shemot 15:22, Rashi says: Moses led Israel away: lit., made Israel journey. He led them away against their will, for the Egyptians had adorned their steeds with ornaments of gold, silver, and ...
12
votes
2answers
218 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, ...
12
votes
3answers
532 views

Giving Tzedakah with a Credit Card

If one gives a donation to a charity by using a credit card, the charity will only end up getting a percentage of the actual funds (e.g. 98%). In such a case, does the person giving get "credit" for ...
12
votes
2answers
354 views

ribis and foreign currency conversion

I am afraid that I have only recently started to study this kind of thing and I completely unlearned compared to most of the contributors here, so I apologize if my question is somewhat ...
12
votes
1answer
376 views

What are the halakhic considerations when it comes to patronizing a business whose workers are on strike?

Crossing a picket line and patronizing a business whose workers are on strike, against the will of the workers, is a controversial action with some people saying it should never be done. I read an ...
11
votes
10answers
2k 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 ...
11
votes
3answers
6k 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" (Ketuvot 67a). This may be the ...
11
votes
3answers
513 views

Receiving Too Much Change

Do I have an obligation to give back extra change I receive? Would it matter if the store owner or person giving it to me was a Jew?
11
votes
1answer
2k 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?
11
votes
2answers
111 views

Why does Ezekiel describe the maneh as 20 + 25 + 10 + 5 shekels instead of just saying 60?

Ezekiel 45:12, in discussing just weights and measures, says: וְהַשֶּׁקֶל, עֶשְׂרִים גֵּרָה; עֶשְׂרִים שְׁקָלִים חֲמִשָּׁה וְעֶשְׂרִים שְׁקָלִים, עֲשָׂרָה וַחֲמִשָּׁה שֶׁקֶל--הַמָּנֶה, יִהְיֶה ...
11
votes
1answer
2k 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.)
11
votes
2answers
289 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 ...
11
votes
1answer
844 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 ...
10
votes
2answers
539 views

Chad Gadya: The price of a kid goat

Was the fair market value of a kid goat really two zuzim? This piyyut is of course allegorical, but, if the value given is highly inaccurate, is the discrepancy in value symbolic beyond the symbolism ...
10
votes
2answers
576 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 ...
10
votes
3answers
707 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; ...
10
votes
1answer
178 views

Can one take any money offered to him?

Is a tzedaka allowed to take money from people who earn their money in inappropriate way (say, the person worked on Shabbos, stole, cheated, etc.) If not, is this a chumra or a halacha? Please ...
10
votes
4answers
2k views

Winged sun symbol on Hezekiah coins/seals

The winged sun is an ancient symbol that originated in Egypt and Assyria. Why is it then that coins (or seals?) from Hezekiah have this symbol from gentile nations? Also Malachi 3:20 shows the ...
10
votes
1answer
148 views

If you're having a slow day are you halachically required to reduce your hourly rate?

Say you work as a contractor that charges an hourly rate. If on any given day you feel sluggish due to poor sleep or some other reason, are you supposed to reduce your rate for that day to compensate ...
10
votes
1answer
291 views

Is it permissible to earn money on Shabbos if paid at another time?

For example if a shul had a children's program, a chazan who was only there on Shabbos, or a catering company who set up kiddush for the shul... The fact that all these examples only take place ...
10
votes
2answers
176 views

Why redeem hekdesh?

Kind of related to What is my relationship to an object once I have pledged it as hekdesh? Why would somebody pledge something to hekdesh and then redeem it when he could just donate money directly? ...
10
votes
1answer
203 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 ...
9
votes
1answer
811 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 ...
9
votes
1answer
156 views

Does one have to return the specific bills that one stole?

If one stole a hundred dollars in regular cash (e.g. no rare bill editions), and still has those bills, does he have to return those particular bills or can he return any hundred dollars?
9
votes
4answers
3k 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 ...
9
votes
1answer
155 views

How do you pay a debt (not a loan) in a different currency?

Shimon, in Eretz Yisrael, makes a purchase on behalf of Reuven, in the diaspora. For Reuven the cost of paying in shekels would be quite high, but Shimon can receive the payment in another currency ...
9
votes
1answer
191 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 ...
9
votes
2answers
138 views

Is it still tzedakah if it is returned?

If a poor person asks for charity and I give some money to that person, but he then returns it to me, (because he doesn't feel it is enough, or any other reason) have I accomplished the mitzvah of ...
8
votes
4answers
872 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 ...
8
votes
2answers
207 views

Beis Shammai's dinar for kiddushin - philosophy?

The Mishna in Kiddushin (1:1) outlines a machlokes regarding the minimum amount of money necessary to effect kiddushin (i.e. create a marriage). According to Beis Hillel, the amount of money (or ...
8
votes
1answer
1k views

Could a Jew join Medishare?

Medishare is a healthcare sharing program designed for Christians. Is there any reason a Jew wouldn't be able to join such a program? As far as I understand it, the program works in such a way that ...
8
votes
2answers
169 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 ...
8
votes
2answers
481 views

Purchasing from a Jew

רמבם, הלכות מתנות עניים י:ז שמנה מעלות יש בצדקה זו למעלה מזו, מעלה גדולה שאין למעלה ממנה זה המחזיק ביד ישראל שמך ונותן לו מתנה או הלואה או עושה עמו שותפות או ממציא לו מלאכה כדי לחזק את ידו עד שלא ...
8
votes
1answer
270 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?
8
votes
1answer
299 views

Transfer of loan / mortgage from non-Jew to Jew

What happens if a Jew borrows money on interest from a non-Jew, and then the lender turns around and sells the debt to a Jew? (Such transactions are very common in the mortgage industry.) Is it ...
8
votes
1answer
287 views

Why is it ok to pay the kids for the afikoman?

Most Pesach sedarim feature the afikoman hide-and-seek game; either the children steal it and ransom it back or the parents hide it and (in my experience) pay a prize to the child who finds it. At ...
8
votes
1answer
510 views

If you use money for kaparos pre-yom kipur, is it fungible or must those bills go directly to tzedaka?

When we do Kaparos, we say "this money shall go to charity" -- so I put that dollar bill in the tzedaka box; is it okay if a few days from now I count what's in my tzedaka box, write a check for the ...
8
votes
1answer
239 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 ...
8
votes
2answers
357 views

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 ...