Her Parents Expect Her To Help Them Out Financially Even Though They’re Running Out of Money, So She Tells Them They Won’t See A Dime Until They Change Their Ways
by Matthew Gilligan
You’ve met people like this before…
Folks who live way beyond their means and then find themselves in big-time trouble…
And sometimes, they need a reality check!
Take a look at this story and see if you think this woman took things too far…
AITA for telling my parents we aren’t giving them money and they need to humble themselves?
“I (38F) and my husband (41M) have been stressing over my parents.
My parents are screwed as they took out of their pensions at 55 and have only about 100-130k each left.
Their house has some equity but not as much as you would think as they have withdrawn from their equity line of credit several times.
Her parents have been living the high life.
My dad has a 100k truck and a vintage Porsche and my mom has a 7 seater when they are the only ones now.
My dad is very prideful and refuses to take anyone’s advice so it was a shock when they came to me and asked for money.
He has had a lot of health issues and told me he is going to be taking social security now (he is 68) and is quitting his job.
Which means they cannot afford their mortgage or car payments.
Now what?
They totally blindsided me, I had no idea how bad it was until now.
Thinking back I guess I should have known as they buy so much unnecessary stuff but my parents always acted like they were rich.
I told them point blank I wasn’t funding them until I could see all their accounts and assets and this caused a huge fight but they eventually relented.
I went through what they have and they really don’t need my help. They just need to downsize dramatically.
My husband is a CPA so he knows this stuff and we went though and told what they needed to do.
Get rid of all of it!
They need to sell all the vehicles and get a reliable sedan.
They need sell their 3,400 sq ft home and buy into a single home with a basement suite or an apartment.
I think the apartment is better as my dad struggles to mow the lawn and hires someone now anyway.
But my mom insists she needs land for a garden. After that their SS payments would be enough and they would still have a small nest egg.
This was met with them complaining that they would be living like prisoners. My parents were angry if they got a small single family they would need to rent out the basement.
My dad insists the basement which he has as a man cave is necessary for life and my mom refuses to downsize as she has a whole room full of clothes at their current home that can’t fit in a smaller house.
Here’s the deal…
I got mad and told them they need to humble themselves since they are the ones asking for money.
This resulted in them yelling how ungrateful I am over the phone until I hung up.
I told them they have to do this because I’m not helping. They still have more assets than my husband and I and we have a son to save college funds for.
My parents have been trying to guilt me by saying they gave me great Christmas presents and college fund so I owe them.
I feel like that was a tiny proportion of their spending and it didn’t put them in this position but am I obligated to help support them when they can support themselves if they downside?”
Check out what Reddit users said about this.
This reader said she’s NTA.
Another individual shared their thoughts.
One person asked a question…
This reader made a good point.
Another Reddit user shared some words of wisdom.
Time for a major reality check!
These people are living in la-la land.
If you thought that was an interesting story, check out what happened when a family gave their in-laws a free place to stay in exchange for babysitting, but things changed when they don’t hold up their end of the bargain.
Sign up to get our BEST stories of the week straight to your inbox.