When will people come to their senses financially?

[lustergirl]

I think that your last 2 posts are about the best thing that I have ever read here on the Dis.

She is good isnt she? Eliza is always right on

 

[lustergirl]

<<<< doesnt discuss and dont want to know neighbors' financial situations.

 

[Mimi1965]

Agreed, agreed, agreed.

I think I'm going to start my own vent thread and the title will be: "When will people come to their senses and realize that they have absolutely no control over other people's lives no matter how much they think they have control over other people's lives?"

.

Still-sometimes its nice to have a place to vent-when you cant to the idiot making bad money decisions-esp a family member

Our close family member has asked us for $$(we declined)-then consolidated all their debt on a 2nd mortgage they can barely pay and swore off credit cards.

They now are constantly redecorating- every room has new paint-new flooring ,new furniture-, it goes on and on.

Early this year the husband was out of work-due to a bad injury for several months-she cried to her Mom they could barely get by-AFTER that she got a whole roomful of living room furniture.

I'm waiting for the phone call asking to borrow $$ from them again

 

[Christine]

Not to put words in anyone mouths, but I think part of the frustration is when someone drags you into their financial drama with talking about it, etc. I don't give 2 hoots what your finances are or how you spend your money - BUT if every time we talk, all you can talk
about is how broke you are, it's hard not to judge their financial choices.

Example - I used to work
with a gal that would always talk about how little money they had, they were struggling, etc - and I mean ALL the time. Once she was talking at me about all her woes, but in the same conversation, told me she & her husband bought all the new release DVDs each week.

Truthfully, that is what is frustrating....at least to me. First, don't tell me your drama, it's none of my business. But when you do, how can I not react to that and think, "Gosh, if you didn't spend $150/week on movies you might be better off."

I have this situation going on. I don't want to get into too many details as you never know who's reading. There is someone who has told me a good deal about their financial situation. They have made a lot of bad decision or, IMO, risky decisions that didn't play out well. They go through periods of quite literally being on the edge of ruin. Their children are older and appear to be following in the footsteps of the parents and, even though the parents know they are in bad shape, they encourage their children into bad financial decisions.

So, one of the kids is in college and each year they take loans out to pay the entire college bill. Any money earned during the summer is used for spending money through the year. The student has a reliable car that was given to them by someone else. This student worked all summer at a good paying job and socked all the money away. Probably enough to pay for at least half of the college bill and still have some spending money. But no, that's not what happened. They took the student loan and then went out and bought a VERY customized vehicle that is so impractical you just cannot imagine. I just don't get it. And this vehicle purchase was helped along by one of the parents.