u/GetFreeEverything

▲ 389 r/ModernFamilyFinance+1 crossposts

My sister upgraded her lifestyle based on the silver platter my parents served her, and she won't be able to afford it.

5 years ago in 2021, my parents bought my baby sister (born 1997) a house outright. She pays them the "mortgage" and still owes them 117k. She and her husband make 75k before taxes.

She upgraded her lifestyle on that, dog and a kid due in august, and doesn't want to send the kid to the local public school system. Cause she couldn't even afford her bills in a small town making $20/hr when it was just her and her then-boyfriend-now-husband.

Oh, and without the mortgage, she's over 100k in debt between student loans, her wedding (30k), honeymoon (5k), mayhaps her car, not sure if she paid that off before or what debt is on that (honda fit), and this doesn't count credit cards (unknown amount).

Chat, how rude of a bus is my baby sister gonna get hit with? Cause when confronted with all that information, she says "I can't help that I'm the favorite." Would I care normally? Absolutely, but she's also going to take my nephew down with her, and that worries me (as someone also raised in poverty).

Happy to answer any questions if you need more information. I'll tell you what I know.

Reuploaded due to mistakes on my part not acknowledging vent's rules.

Edit: yall don't know how finances work, huh?

Edit2: amazing how many people are excusing child abuse. Raising a child in poverty IS abusive.

reddit.com
u/GetFreeEverything — 3 days ago
▲ 1 r/ModernFamilyFinance+1 crossposts

My sister upgraded her lifestyle based on the silver platter my parents served her, and she won't be able to afford it.

5 years ago in 2021, my parents bought my baby sister (born 1997) a house outright. She pays them the "mortgage" and still owes them 117k. She and her husband make 75k before taxes.

She upgraded her lifestyle on that, dog and a kid due in august, and doesn't want to send the kid to the local public school system. Cause she couldn't even afford her bills in a small town making $20/hr when it was just her and her then-boyfriend-now-husband.

Oh, and without the mortgage, she's over 100k in debt between student loans, her wedding (30k), honeymoon (5k), mayhaps her car, not sure if she paid that off before or what debt is on that (honda fit), and this doesn't count credit cards (unknown amount).

Chat, how rude of a bus is my baby sister gonna get hit with? Cause when confronted with all that information, she says "I can't help that I'm the favorite." Would I care normally? Absolutely, but she's also going to take my nephew down with her, and that worries me (as someone also raised in poverty).

Happy to answer any questions if you need more information. I'll tell you what I know.

reddit.com
u/GetFreeEverything — 3 days ago