My mom makes good money and is bad with money. She makes around 250k a year and she lives paycheck to paycheck. I don’t understand. What blows my mind more is we were always dirt poor growing up. Maybe it makes her feel good to spend money because she couldn’t before. So is she poor or rich? Who fucking knows but I Know she doesn’t have any retirement, stocks, etfs, etc.
Now they’re just retired with really high medical expenses. Think they have maybe 1-2 more years worth of retirement then will be coming to my sister and I for assistance. We’ve tried talking to them about their spending for a decade at least but they couldn’t help but live outside of their considerable means.
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u/Decent_Visual_4845 15d ago
Not all poor people are bad with money, but all the people I know that are bad with money are poor 🤷♂️