Reply to Tension with Wife's Family over Finances

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[quote=Anonymous][quote=Anonymous]Blue collar boomers assume all physicians are very wealthy. FIL sees his SIL as having deep pockets and being blue collar expects the deep pocket guy to pay. It’s a scarcity mindset. Even though FIL has unexpectedly made a lot of money, he doesn’t want to share it and he wants others to give him more money. Generational wealth building is something very foreign to him. FIL would probably also love to get his fingers into some of the OPs parents’ money.

FIL may also lose his money or not be as solidly wealthy as he lets on. If he is a tradesman who became a contractor, he could very well blow up at some point. Real estate developers who can come from blue or white collar backgrounds often skate between being worth millions and being bankrupt. If he’s built a successful plumbing or HVAC company and sells to PE he could make a lot but then invests it poorly with a developer friend where he could lose it.

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Projecting much? Maybe FIL sees how snobby and braggy his son in law is since he spends lavishly on so many of his own family members and figures he can cover their own vacations and meals.

OP’s wife made a deal with her parents about her undergrad choice and agreed to repay them. Sounds like she made a deal she shouldn’t have, but a deal she made nonetheless. She should repay her loans to her parents. If OP has a problem with that then maybe he shouldn’t have funded her advanced degree leading to a low paying job since he’s so focused on being wealthy.

OP is the stereotypical entitled snob that looks down on blue collar workers and judges because his FIL prefers to spend his money on things he likes rather than share it with every extended family member. [/quote]

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