My mother has always been financially irresponsible but she used to have a job. She married a rich guy that I estimate had some €250.000~€500.000 in savings, he lived a humble lifestyle and could've managed to live comfortably without working for the rest of his life. He sometimes work as a freelance web designer and cashes in about €20.000 a year but it's not a stable source of income. She managed to get him to spend it all on things there were not needed such as a luxurious house, 5 dogs, a brand new car because his old one wasn't good enough and then moved to a good apartment in the capital because the house was too big for her to clean. Not to talk about clothes and all the other little things that together managed to get his savings down to €0. She also quit her job to pursue a degree on psychology... She's 46 now so it's not a good investment because she's likely not going to be able to find a job with the degree. She lives with him and my small brother who's 11 years old. You can see the picture.
For the last 3 years they've been on the red on and off, asking me for money from time to time because they sometimes don't even have money for food. I'm also not the best person with money, I earn about €870/month and don't have any savings besides some €350 that I invested in ethereum. I already tried to teach them about budgeting with YNAB but it didn't stick. The only source of income they have is her husband's unstable freelance gigs, and I already told her to quit college and find a job many times but she won't do it because it's "her dream".
Today she called me, she needed an urgent transfer because they don't have anything again and asked me to lend her €200. The thing is that I only have €270 for the rest of the month and although I have all the bills paid for, I'd only have €70 for the rest of the month and I already have plans for the money such as driving to a job interview next Tuesday. She then asked for €120 but even that is too much and is going to put me in a bad situation where I may have to ask a friend for money or sell my ethereum now that the currency is rising. Her husband also owes me €1400 from a gig I helped him with (and I stupidly took my car to the mechanic trusting he would pay me when he said he would).
While this month's situation can be easily fixed, I'm especially concerned about the future where she's gonna have an even harder time in the job market, she might not be able to apply for retirement and all the medical complications that comes with old age. He might even leave her given she's a tremendous financial burden. There may also be a day where I'm unable to help her and they're going to starve.
I don't know what to now, I wanted her to be more financially responsible and to show her that she's on her own but I also don't want them to starve. Talking to her is of no value as it goes in one ear and exits the other.
What do I do?
Submitted November 23, 2017 at 09:24AM by FUCKINGPISSEDDAMN http://ift.tt/2ApnAAZ
