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Money and Finances
Reply to "Cheap and stingy parents"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]just a vent to be honest. the In-Laws live in a modest 55+ community and it took a lot of effort to get them to move about 5 years ago. It was great. the old house was run down and needed to be updated. The lived conservatively, nice cars but 10 years old, vacations but nothing flashy. [b]we always worried that they would run out of money.[/b] They wouldn't get a new dishwasher even though the last one was a POS. Mostly due to the FIL who ran the house. FIL passes away and we find out they have $7mm investment account. Really wish they were able to enjoy the $$ and use the money to make their lives easier - getting a cleaning lady, other help around the house, nicer meals out. hopefully the MIL decides to live life a bit easier but frugality is hard wired into their brains.[/quote] The bolded probably weighed heavily on them, and are you not glad that the burden of taking care of indigent parents did not fall upon your husband? I wonder if your in-laws grew up poor. I gotta admit, that I am somewhat like your in-laws. I grew up extremely poor wearing handmedowns, thrift store clothing and eating the big block of government cheese. Through hard work and some luck, I have what many wold call the American dream. I worry about running out of money all the time (the little girl in me) and it affects the way I refuse to spend money. Will I have enough for longterm care, if I live that long. Will I have enough to leave DC a decent inheritance. My DC does not have the mental money issues that I have because he has never been without. It is what it is, and if you have never been concerned about your next meal, bus fare, or even a good pair of shoes you have no clue of psychological issues that money has on the psyche longterm. [/quote] It is good, PP, that you admit that these are "psychological issues" that can and should be overcome. OP is just wishing that her ILs had recognized that, too. [/quote] Nah, that's not what OP is doing. Not at all. BTW, on the opposite end, my sister had a different reaction to money. She is definitely a YOLO and spends her money on whatever without a care for the cost. Somethings are overly expensive, others at discount. Now I am afraid that I will have to assist her if she makes it to late in life stages. [/quote]
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