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re: Small family business grossing over 500k/year
Posted on 12/15/18 at 5:01 pm to hungryone
Posted on 12/15/18 at 5:01 pm to hungryone
quote:
I dunno, if your Mom bought her niece a brand new car, I’d say she’s making her choices loud and clear. For whatever reason, she’s choosing to bestow material things on her sister’s family. You may not like it, but if no one is coercing Moms to buy things/keep Sis on the payroll, then she’s entitled to throw her money away however she likes. If she has the mental capacity to understand how much she makes, and how much of it goes to propping up her sister’s lifestyle, then it truly is her choice. Family dynamics are difficult. Is she providing her own children (you & any others) with as much support as her sister’s family? Why does she think her niece needs a brand new car? Has she told her sister, point blank, that she plans to retire in X months/years and asked her what her plans are to assume the business? Or has she offered to sell the business to them?
My mother wants to give them the world. She lives a lifestyle as if she doesn't have many days left on this earth and acts like her life insurance policies will come to the rescue after she's gone.
I am soon to be married and have no kids. I myself am allocated $2k a month from the business.
I sourced used Jeeps to give my mother a different option for the 15 yo kid who turns 16 at the end of the month, but he kept assisting that he wanted a new Jeep because of the convertible roof.
But you are completely right. I'm just beyond frustrated and annoyed of how much she is willing to accept from her without much effort in return. My mom's "retirement" seemed to be a phase as she now is back to working everyday as always
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