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Reply to "MIL is asking for money..."
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[quote=Anonymous][quote=Anonymous]I've had two parents (mother and FIL) crash and burn financially. They were both extremely stubborn and reacted with violent indignation when we suggested any change in their lifestyle or inquired about their finances. On the plus side, they were not asking us for money. I strongly advise your DH and his brothers to have a financial "come to Jesus" meeting with their mom. No more money unless and until she agrees. Then you look at her resources and her expenditures, and do the math. How many months until she is bankrupt? How long can she postpone that by reducing spending? She will resist but you gotta be tough. We learned after the fact that both my mom and FIL were being ripped off by their caregivers. We were definitely kicking ourselves for not intervening and finding that out. This may or may not be occurring in your MIL case. My mom was also subscribed to all kinds of stupid sh*t (investment newsletters and such) that totaled $300 to $500 a month, it was crazy.[/quote] How were they being ripped off by caregivers?[/quote]
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