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17 sats \ 4 replies \ @Undisciplined OP 27 May \ parent \ on: Personal Finance: The Cautionary Tale of My Mother-in-Law econ
If she enjoyed what she was doing, I would feel entirely differently. However, she's very stressed about making ends meet and seems to be doing this primarily out of necessity.
Well I guess the difference in our culture is so big that I can't understand the depth. Here we all live together. Especially we don't leave our elders on their own.
Don't mean to criticize here but if our parents or grandparents ever have to work out of necessity, we won't let them.
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It is a big difference. My wife has tried to help them with their finances, but they won't listen.
As I mentioned in the post, she only has to work because their spending is out of control. They have a guaranteed income, from retirement accounts and pensions, of two median American families.
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Then it's upto them. If anyone is in the habit of overspending, noone can save him from misery.
Because we take family as an institution and a necessary way of life, our elders start listening to the kids once they grow up.
We have a tradition of keeping one as 'Head man' of the family who just decides in family matters and others oblige.
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Yeah, Americans don't really listen to anyone, regardless of stage of life.
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