His Son-In-Law Lost $60K Day Trading And Maxed His Daughter's Credit Card. 'Didn't Know Until Her Credit Score Tanked'
Yahoo Finance·2025-12-09 14:16

Core Insights - A hidden financial decision by a son-in-law led to significant debt and trust issues within a family, highlighting the importance of transparency in shared finances [2][3][6] Financial Situation - The son-in-law accumulated approximately $60,000 in debt through day trading, financed partly by credit cards, resulting in a total loss of savings [2] - The daughter discovered the financial issues after noticing a 20-point drop in her credit score, which revealed that one of her credit cards had been maxed out [3] Emotional Impact - The financial setback, while serious, is viewed as manageable over time; however, the emotional toll and broken trust between the couple are of greater concern [6] - The daughter, who is financially responsible and has never sought financial help, is expected to return to work soon, adding to the stress of the situation [3][6]