Her Parents Have Lost $160,000 Getting Caught Up In Numerous Scams, And Now That They’re Homeless, She’s Not Going To Give Them Money Since They Ignored Her Concerns All Along
A 27-year-old girl woman knows that her mom and dad are the worst with their money. When she was just a child, her dad ended up gambling their entire life savings when he got interested in penny stocks.
He wound up losing $100,000 back in 2008, and they then had no choice but to all squeeze into a house with just 1 bedroom in it because that’s all they could afford after that loss.
Unfortunately, that was just the beginning of the end of her parents losing control of their finances.
“Then my mom fell for an MLM, and you can imagine what happened; they lost the down payment to the house they were saving for,” she explained.
“I begged them not to sign up for it since I saw it was clearly a scam and showed them evidence it was, and they just laughed at me and ignored me.”
“They lost about $28,000 from that. Then recently, they fall for a college signup scam and lost $32,000.”
This college scam promised to get her mom and dad a college loan via a private-style broker, but they could turn around and spend the loan on anything they desired.
She actually went with her mom and dad to meet with this broker, and she knew instantly that it was nothing but a scam.
Although she raised the alarm bell to her parents, they didn’t listen to her concerns at all. Instead, they went forward with it.
Svetlana Sokolova – stock.adobe.com – illustrative purpose only, not the actual person
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“So basically, they were trying to scam the government and got scammed instead,” she said. “I actually tried to pry the pen away from my father’s hands when I got desperate as he was writing down his bank info and SSN, and he screamed at me I was embarrassing him and did it anyway.”
Her parents are currently homeless in light of their most recent loss. Their credit scores are abysmal, and they cannot afford to live in the worst apartments in their town.
There’s essentially zero chance of her parents being able to get back that $32,000, and so they’re living out of their car while pleading with her to give them money.
“I have about $100,000 saved waiting to buy a house, and they know about it because I stupidly told them I was saving for a house, and now they are calling me and showing up at my apartment asking for money,” she continued.
“They also want to move in in the meantime, but my roommate and I agreed visitation from friends or family are max a week to prevent resentment, and if my parents move in, they probably will refuse to move out.”
“They are going to food pantries, and honestly, I can’t find it I’m myself to be that sympathetic since they don’t listen to me until they need my money.” Do you think she should give them any of her money?
You can read the original post on Reddit here.
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