Reply to MIL's erratic generosity making it hard to plan

Forum Index » Money and Finances

Reply to "MIL's erratic generosity making it hard to plan"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]Hmm...this is tricky and yes, the problem is with your DH.  You need to have a serious financial talk with him and get him on board with your financial goals as a family.

My MIL is also well off and we have been told by FIL to expect a seven figure inheritance but, honestly, I'm just acting like it's never going to come and will just treat it as a pleasant surprise if it does.  We are saving toward retirement and college with no inheritance in mind.  She is also very generous with her money now - helping us pay for things around our house like new flooring  or a new stove.

I figure by the time we inherit the money, we probably won't "need" it so we'll just use it to do what she did...help support our own children with their financial needs.[/quote]

Sounds very similar to our situation.  My concern is that I just can't in good conscience accept the sizeable one-off gifts (vacation, home repairs, etc) when I KNOW we are not on track with financial essentials, like DH's retirement savings and especially college savings.  For that reason I feel like I have to have a discussion with MIL about this so she at least understands the reality of our financial life, and can make informed decisions about how she wants to help us (if at all!  which again, is 100% fine with me if we never see a penny again.)[/quote]

And again, to address those who are calling me "Greedy Gretchen": one part of this whole story is that I feel like it is flat out disrespectful to essentially waste MIL's money.  I consider it a waste if we are using it for a vacation, and not investing it in our DS's future.  That is what seems greedy and wrong to me.  My frustration is that we cannot all seem to have a rational conversation about this, because on the one hand it seems greedy on my part, and on the other hand DH is completely unwilling to address it on his own.  [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics