Parents midlife crisis
Clustered from 20 items across 1 source. Not yet parsed — the record below is raw.
The record 1 press and posts · last 25 hours presspostscomments
The conversation 19 comments and posts from 1 site · verbatim
- Yesterday
-
Hmm yeah it looks like you're right. A couple of states require a 3 day COP for "off-site sales" (like if you buy a truck at the county fair, maybe you got too excited). But that wouldn't apply here. California has a new one coming for used sales, but that's not in effect yet. Anything else is just dealer policy, which is still definitely worth…
-
As a dad with a 20yr old still living with us. I would be immensely proud of my son saving $60k, hopefully well invested. A maxed out Roth IRA at 25, you're never gonna have to worry about retirement. My son buys some groceries, and chips in for household bills. He is saving, but has quite a ways to go before hitting $60k.
-
Every dealership I’ve ever done work for talks about how customers have 7 days to return a car and undo a sale, I’m from Ohio
-
Zero states have that for auto sales, at least last time I checked, which was a few months ago. See my other post here. If you have info to the contrary, I’d be interested in seeing it, for future reference.
-
Yes, they do pay for my phone, insurance, I'm sure other stuff as well. I'd want to pay for those but I'm not sure how much it costs them? I also know they avoid accepting when I try to pay for things
-
You need to pay your own bills absolutely. No reason they should be paying your phone bill and insurance. So at the very least offer to pay those bills
-
You can “contribute” by moving out and paying your own bills. That’ll save them more money.
-
They're paying your bills at 25 and buying a new vehicle they can't afford. Huh.
-
You’re not responsible for the truck or your brother’s tuition. If you want, you could offer a small set rent/utility amount, but mostly just talk to them. Anxiety + new meds = extra guilt.
-
Tell them to return it asap. Idk the laws but in my state you get 7 days to return it. It sounds like they got convinced into a horrible purchase. Trust me, I contract for dealerships. They will do and say anything possible to make a sale and to not let him return it. Return that shit. And no, don’t blow your savings to help bail out your parents…
-
I mean you have to leave the nest at some point and I don’t think it’s a great idea for you to potentially become a source of income for them if they are terrible with money - it will be that much harder to extricate yourself in future.
-
Have u saved that money to get ur own condo near ur brother's college? Depending on the colleges rules ur brother may be able to live off campus and could stay with u. That would save money. In mean time once the truck payment comes in I'd offer to pay phone bill again.
-
Was your mom involved in the decision about the pickup? If not then it's an argument between your parents and not your issue.
-
You’re 25 and they pay your bills? Phone, insurance, etc….if that’s the case then you should absolutely be paying your own way. Continue to live with them, but financially support yourself. As a mother though, I want my kids to stay with me and their dad until they are 100% ready to move out and make it on their own. There is no time limit on that…
-
Your 25, if they haven't asked before they might not ask now. If they just got the truck they might be able to return it and take a hit. You need to keep a separation between your finances and your parents. Your already mindful of that. You may also want to help them if they are in a particularly bad situation but even then it shouldn't be at the…
-
I think you may also just be experiencing being an adult. I see my kids way differently now that they’re grown, 27 and 25, and share details of my life differently than when they depended on me. If they not asking directly for change then I think your good. A phrase I like to consider “don’t hear what they didn’t say”, those of us who live in our…
-
Moving out means you do chores in your new living space - and perhaps even more of them. The utilities are probably more with an extra person in the house.
-
Moving out would probably help my head But in my mind their mortgage is still the same amount and their vehicle is the same amount regardless or not if I continue to live with them. Moving out means I don't do the chores anymore
-
If that's the case it seems to be more a you problem than a them problem. Maybe try to contribute more in non financial ways so you don't feel that you are bludging off of them. Understand you're already trying to do that. You'll probably get more opportunities to repay them as they get older and need more help, so I wouldn't let it weigh on you…