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17 sats \ 2 replies \ @Undisciplined OP 27 May \ parent \ on: Personal Finance: The Cautionary Tale of My Mother-in-Law econ
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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24 sats \ 1 reply \ @Coinsreporter 27 May
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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17 sats \ 0 replies \ @Undisciplined OP 27 May
Yeah, Americans don't really listen to anyone, regardless of stage of life.
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