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[quote=Anonymous][quote=Anonymous]By paying their mortgage so they do not have to move out of their home and into a cheaper apartment.

It is a decent chunk of our monthly expenses, but doable. However, it sets us up to not save for a down payment on our own home (we are renting) and college savings for our DC.

There are more details to share, but I am such a mix of negative emotions. Of course, it is his parents, and he has to help him if that is the right thing to do. But I am feeling selfish about the whole thing-- more so that we have to take on the burden of his parents not managing their money. The whole thing is really just sad on so many levels.  [/quote]

A failure to plan is a plan to fail.  Is this temporary or permanent? And is DH being placed on the deed to the condo?  If temporary, sure, fine, help out a bit.  Permanently, no way!  I'd be having my spouse talk to his parents about options like selling the condo and either renting or buying something smaller, getting assistance for the new housing payment from local or state government, or, selling and using the funds for a down-payment for a house for your family and them to live in together (inlaw suite).

Otherwise, it's like a faucet - it just stays on dripping money to them.  We were once in a similar situation, giving money to SIL, and we talked about it, set a dollar limit (wouldn't give her more than $10k TOTAL), and after that, the tap was turned off. SIL figured it out (went to mom and dad), who could afford to support her[/quote]

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