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[quote=Anonymous][quote=Anonymous]My nephew has a job. Yes, she has always been generous when she thinks people are in need. She doesn't mind, she thinks he needs the money. [/quote] My mom did this after she was widowed in her early 60s. She gave away almost all of her retirement fund and didn’t seem to understand why that was a problem. I eventually sat her down and told her that if she wanted me to help her with elder/end of life care, her finances would eventually be my responsibility, so she had to listen to me now or she was on her own. I told her she could not give any more money away and had to run significant financial decisions by me first. It was an empty threat, but she didn’t know that and it worked.[/quote]
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