Dear Eric: I got a good job, started making good money ($55,000 to $81,000 per year), and moved out. My parents and two brothers, who live together, keep asking me for help with expenses and the mo…
Dear Eric: I got a good job, started making good money , and moved out. My parents and two brothers, who live together, keep asking me for help with expenses and the mortgage, which is now owned by a lender.
I’ve been reluctant to help because I’m saving up for buying my own place. My parents say when they’re old and don’t want the house anymore, I’m entitled to one-third of it. So, if I want a share of the house, I should help them try to keep it. Based on the range you provided, your affordable rent is, very roughly, $1,375 to $2,025. If you’re paying $900 to your parents for their rent, you see how little is left for your own rent. How are you building a secure financial foundation?
Your parents should seek help from a debt counselor right away. It is not too late. But this isn’t your problem to solve. Moreover, while it’s a lovely gift to pass on property to another generation, the way they’re framing it for you feels more akin to a pyramid scheme. You have to put money into something you don’t want in order to get money out at a later date? It. Ain’t. Mathing.
I love a younger person’s “No, you’re fine” response to an apology, so it’s not only the circumstance that a younger person expresses whatever sentiment differently. Am I wrong to sometimes view the “No problem” response as a problem?Dear Some: I love that you’ve embraced language’s fluidity! I agree that on a semantic level “no problem” doesn’t quite jibe with “you’re welcome”.
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