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    Chapter 22 – Thanksgiving Week

    Tina:  That might work. That is a rather plush deal. So how do we handle our end of it?

    Bette: We contact our financial advisors to have a trust set up and put some money in it and have a wire go to Yale which gets transferred to Suzanne every month.

    Tina: Then if Suzanne moves into the New Haven house with Angie, Suzanne has to pay her rent, food and living expenses?

    Bette:  Yeah, Suzanne is treated as any other roommate is treated. I am expecting the living expenses to run about $3500 per person per month with three living in the house. That’s food, utilities, insurance, supplies, probably a weekly housekeeper, internet, cable, repairs and maintenance, property taxes.

    Tina:  Wow, that’s expensive.

    Bette:  Right now, in New Haven, a studio apartment with no laundry and no garage is running $1800 to $2400 per month. Food and utilities are on top of that. Dorm fees are $1000 per month and the food program is $1,000 per month. If we have three people who are sharing the expenses, they are right in line with what they can get elsewhere except they will have laundry facility, covered parking, a good size private space, comfortable public spaces and all furnished for that price. The objective here is not for Angie or us to make a profit. The objective is to cover our cost and provide a comfortable living space for those living there.

    Tina: So, Suzanne gets this additional money into her account and then pays Angie the rent. Angie in turn buys the groceries and pays the bills.

    Bette:  Exactly. And they coordinate between each other for the public spaces, laundry usage, and the cooking.  They have their private time and their private space but the benefit of common space and conveniences. Similar to family living.

    Tina: Actually, I think all of that works. And we end up helping Suzanne be a doctor and gets some breathing room with respect to her finances. Yet, she’ll never knows the source. That means we do not share this with Angie or with Daniel or anyone else in the family. When do we start this?

    Bette: I’ll make a call to Yale financial aid next week. If I do not get what I need, I’ll call our financial advisor to get on it. I think if everything works properly, we may can have her receiving her first check by the first of the year.

    Comments

    1. Great solution for helping Suzanne. I also like the various positive ways for her to repay the loan. Maybe 10 years down the road as she repays the loan it gets distributed again. When she has paid it off they can tell her the truth and they all can create an on going scholarship for deserving Yalie with B & T millions!!!!

      So, get writing those 10+ years.

      Thanks, I love your work!

    2. You do realize that Suzanne’s solution originated with the investigation of Melvin Porter? Its one of the things that I admire about Bette. She absorbs the nuggets of wisdom which appear from various sources. I do like the fact that Bette and Tina want to help Suzanne but do not want Suzanne to be aware of where this help is coming from. And with this solution, neither Angie nor Suzanne will be in a position of being obligated to the other. If for some reason, their friendship sours, Suzanne will keep her support. And if anything should happen that Bette and Tina do not survive until Suzanne finishes her education, the money will still be there to assist her.

      I like Suzanne as a friend for Angie… I like that she has red hair and is studious like Angie and perhaps a little more so. Do not look for any romance ever between Angie and Suzanne… that is just not in the cards and it would be a disaster for both of them.

      Thank you for reading and commenting… I appreciate you pointing out Suzanne’s solution.

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