Anonymous wrote:
Anonymous wrote:I don’t usually. I know a family who lives in a house twice the size of mine, drives luxury cars, and sends 3 kids to private schools. The mom wears and carries designer everything. They take vacations to Europe every summer. The mom was diagnosed with breast cancer- thankfully, very early stage, she had a lumpectomy and I believe a short course of radiation. Of course this is terrifying for her and I understand and appreciate that. However I do not understand nor do I appreciate the GoFundMe for 50k for “health care costs” when she does have good health insurance and doesn’t work so no lost income. By the way , she didn’t change her families lifestyle at all. Still took those vacations and got those new shoes.
This is beyond tacky.
Something similar happened in my family (not blood relatives), but just luxury cars for years, some international travel, Disney every month, and simply spending 24/7.
I didn't donate, my sister did, but to benefit her nephew. I also didn't expect them to do the gofundme.This is their 2nd gofundme for two deaths in the family. I have been trying to think why. They just think it's normal part of trying to get funeral costs covered.
They do not put shopping and not having money together. Those are completely separate things for them. They bring in a lot of money- there's 8 grownups working in the family making ca $100k each and 2 homes only that they got 10-20 years ago. There's was only one child they had to support.
Long story short, they don't know how to save, invest. The house and yard is full of knick-knack and yes, ASD runs in the family.
They all will work til 67. They know schooling, work, buy a house, and shop. Now they know gofundme. They are all around ages 40-50. Imagine if they had invested just a little bit since 2000.
They don't know retirement investing beyond what work does for them. One said that she 'goes blank' if I try to talk about numbers. One started to talk about some lady having nice clothes as she walked by as I tried to tell her how important maxing out Roth IRA was. One said that they want to pay off the house first. The house cost $300k in 2008 when they bought it. How the heck are they still paying for it with 4 living in it.
I cannot explain their thinking. It's like they drift away and make no connections to spending and not having money.
Unemployment has been a problem as they are very specialized and specific, but not all and not at the same time.
They just do what the other do and none of them invests.
One partner of one family member does invest, but the family is not interested at all. It's just not their thing. Their use their garage as a storage and 3 trips to the stores a day at minimum. They are so happy at the store, any store.
No idea how this came about and became a norm for all of them.