FleshEater
Ordinary Average Guy
Does anyone else have older parents (60 years old +) that just spend money or do things that make absolutely no sense, financially, for their future?
Example, I'll use my parents.
My dad is 60 years old, my mom is 66. Last year their outside wood burner was done for. I tried to convince them to look into putting in an easier system, like propane, or even pellets. Nope...they had their outside wood burner rebuilt for a rather large sum of money, and now my dad still has to cut a ton of firewood every single year. Just recently my mom made a comment about not being able to load the logs into the outside wood burner, and I asked what she would do if he passed away. Nothing.
My parents live 30 minutes away, and that wood burner needs loaded twice a day. It heats all their water, so it's a 24/7 thing.
Tonight, my wife's parents were talking about spending a large amount of money on something that was not financially intelligent given circumstances.
I'm sitting here thinking, what the fuck? My wife is always wanting to help her parents and my parents financially and it's just like, NO. Why? They're not making intelligent decisions. It's not our job to handout money to help pay for their mistakes or bad decisions. None of them are retired. They're all working full-time still with no retirement money set aside...
Am I off base here? What would you guys do?
Example, I'll use my parents.
My dad is 60 years old, my mom is 66. Last year their outside wood burner was done for. I tried to convince them to look into putting in an easier system, like propane, or even pellets. Nope...they had their outside wood burner rebuilt for a rather large sum of money, and now my dad still has to cut a ton of firewood every single year. Just recently my mom made a comment about not being able to load the logs into the outside wood burner, and I asked what she would do if he passed away. Nothing.
My parents live 30 minutes away, and that wood burner needs loaded twice a day. It heats all their water, so it's a 24/7 thing.
Tonight, my wife's parents were talking about spending a large amount of money on something that was not financially intelligent given circumstances.
I'm sitting here thinking, what the fuck? My wife is always wanting to help her parents and my parents financially and it's just like, NO. Why? They're not making intelligent decisions. It's not our job to handout money to help pay for their mistakes or bad decisions. None of them are retired. They're all working full-time still with no retirement money set aside...
Am I off base here? What would you guys do?