My Parents Are Broke! What Should I Do?
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Publicado 2018-03-18
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Todos los comentarios (21)
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What's worse than being young and struggling is being old and struggling. You're out of strength and time.
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It must drive Dave crazy to ask a simple question and have to wait through a life story to get an answer.
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Why do all the callers sound like they just ran a marathon
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They should have more videos like this. Showing what happens when you spend every penny you make your whole life.
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75 and a half and 65 and a half? feel like they're old enough to ignore the halves and quarters here but whatever.
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My parents are broke, said they wanted to retire broke, and they did, I no longer ask them details and let them enjoy their broke choice.
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Iād like to see Dave jump on people claiming to be retired. Retired is something you choose to do after you have developed a method to pay for your financial obligations without work income. These people did not retire, they quit working. There is a difference
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Holy cow if she considers 100k in equity broke she should meet my family. I have blood relatives so horrifyingly in debt Dave would tell them to flee the country and start over in Peru under an assumed name.
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This call should scare everyone who's currently young and in debt.
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It is not the responsibility of children to step in when parents squander their money. People need to stop holding up their parents as divine entities and realize that they are just as fallible and dumb as the next person.
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No way I am fully retiring if I owe 275K. They both need to go back to work.
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This is literally me right now. Only difference is that my parents are not even willing to acknowledge or discuss the situation š
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My parents are broke, too. I can't do much except tell them to sell their house, move somewhere cheap, have a budget but it's up to them to make the choices.
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āThey were asleep at the wheel... financiallyā The way he words things so casually š
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My parent been broke since the day I was born and it does play a big part in your life, but still not an excuse to give up. I learned many things and my goal is to be better financially than them and not make the same mistakes.
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Scary situation. I can't imagine in my 70s and still have substantial amount of debt.
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Dave: "Whats their income" Caller: "Well Mom's a pieces, But Dad likes the color Blue so its a fiery dynamic."
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I need to go back to work. My mother is 82 years old she works four hours a day, three days a week. It keeps her mind sharp and sheās happier.
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I'm hearing Tina talk about her parents, makes me appreciate my mom and dad so very much. They were frugal, scrimped and saved, took advantage of green stamps to buy us a sack of rice, or a sack of potatoes. They saved, and saved, and saved. Now mom is self sufficient, she's 90 this year, and thankfully I am just like her because she taught me by example. I am a lucky daughter because she loved enough to teach me about the real world.
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I feel this. May parents are in their 70's, no retirement, still working, and neither myself or my siblings can afford to take care of them.
