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No sympathy

June 24th, 2005 at 03:40 am

Walked with mom and sis today for 40 min. Sis invited herself along which is fine. While we were walking she started complaining about their finances. She's married and has two girls. Between the two of them they make $160,000 base salary. Plus he's a contractor who does side jobs for extra money and she gets several bonuses a year. They've been making over a $100,000 a year for most of their married life.

Anyways, she started saying how they can't get a break. They got a bill for her husband's car registration - @$500 and it wiped them out. So I said something like didn't you know you were going to have to pay that and a good way to handle it would be to put some money aside every month for bills like that. She jumped down my throat and said they haven't had more than $1000 in their checking for over 2 years and blah, blah,blah. Life is tough.

I'm sorry, but I just don't have any sympathy for them anymore. They live in a huge house on 5 acres and both of them bought brand new vehicles last year. They have less than $5000 saved for the girls college funds and the oldest is 14 - she only has 4 years until college. I realize I don't know all of their finances, but give me a break, they're bringing home over $10,000 a month!! Oh well, she's my sister and just has to breathe to push my buttons, but this is a trigger for me and if I offer any suggestions on ways to handle their finances better, I get it shoved back in my face. It's ok to complain about the situation, but god forbid you actually do anything to resolve it. Frown

Ok enough of that subject.

I finished reading Saving on a Shoestring - How to cut expenses, Reduce Debt, Stash More Cash by Barbara O'Neill. I wouldn't recommend this one. I thought it was a boring read and there was nothing new that I hadn't already read before.

Only one more work day till the weekend. Yippee!!

Posted in Uncategorized | 2 Comments »

2 Responses to “No sympathy”

  1. Anonymous Says:
    June 24th, 2005 at 06:07 am 1119593268
    1119593268

    Wow. As a wise man once said to me, "its not how much you make, its how you manage what you make." All their money is probably working for other people (debt and interest on debt), instead of working for them (interest and investment).

    It could be worse, though. Your family might realize that you've saved up a fair amount and will try to hit you up.

  2. murphyc Says:
    April 28th, 2006 at 12:23 pm 1146226998
    1146226998

    Wow is right. I'm reading your blog with much interest because your situation/everyday life sounds much like mine other than I'm not looking to retire early as I enjoy my work and hope to be doing it part-time for years to come (home-based medical transcription). My sister sounds much like yours also except she and her hubby don't bring in that much money (they certainly could with their talents, however). What's much worse is that they are both in their mid-40's, neither one is working at this point (no, they are not sick, just lazy) and all they do is bellyache about their bills. Like you, I have no sympathy at this point and like you, I'm thinking of course they knew the bills would come.

    Small world, isn't it?

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