Hello friends, here’s a bit more information about my parents situation:
-They lost everything during the 2008 recession. Combination of bad luck and poor financial decisions led to where they are at now. As I mentioned above, no 401k or savings.
-They filed for bankruptcy a couple years ago, and after completion of their payments in several months, they will be debt free.
-Mom has a good job making low $60k/year, Dad has struggled finding a good job. He’s been making minimum wage barely making ends meet for the last couple years.
-They are both good people and as the eldest son I’ve managed to help out financially as much as I’ve been able to up to this point, but I’m out of ideas. I want to be able to show them both (mainly my father since he’s in a “worse” spot right now) a good path that will allow them to retire, eventually. Any advice, tips, words of wisdom or guidance would be much appreciated. Not a religious man but I’ll also accept prayers at this point as well.
Thanks guys.
Submitted February 09, 2018 at 07:13PM by flyboylog http://ift.tt/2EfrjPX
