re: What Do You Do If You See Your Parents Making Bad Choices

CQQ,

Your post reminds me of the day one of my grown sons met me while we were both pulling trailers with newly purchased items at least 12 years ago. On his trailer was a $35k new bay boat and on my trailer was a new diesel $9k ZTR lawnmower.

He laughed at my purchase and called it ridiculous. Fast forward 12 years. My ZTR is still cutting many acres both personal and for my business locations. He has used his bay boat possibly 10 times for pleasure and that day we talked, his bay boat had lost at least 30% of it's value when he drove it off the lot.

Don't worry about your parents. They have raised a responsible young man as you seem to be. The thing to think about here is they have paid their dues and have raised their child/children. Life is too short. Hopefully you also will be in their position when you get your kids raised to be able to buy things they want and deserve. Your Dad wants to be independent which is what all parents pray their children will be one day....independent! ;)

I guess I don't see what's so irresponsible about their spending habits. For the amount of money they make, having 60,000 tied up in 2 cars and a boat seems well within their means. Plus, you said your dad has a company truck, so his should last a long time if he doesn't drive it that often.

quote:

---

I guess I don't see what's so irresponsible about their spending habits. For the amount of money they make, having 60,000 tied up in 2 cars and a boat seems well within their means. Plus, you said your dad has a company truck, so his should last a long time if he doesn't drive it that often

---

I agree. With your parent's income they will have no problem paying for a new truck and boat. Plus it's their money to spend how they want to. Just because it's your opinion(on how and what they should spend it on) doesn't make you right.

For some reason when I clicked on this thread, I expected to see something way worse in what they were doing with their money.

You're very welcome....it was our pleasure! ;)

I'm thankful my dad was was Dave Ramsey while Dave Ramsey was still bankrupt. He's never financed a vehicle, boat, four wheeler, etc in his life and at 62 lives off about 30% of what he makes. His house and land has been paid off for 20 years.