View Single Post
Old 02-24-2009, 04:28 AM   #1 (permalink)
JoeGoldfarb
Senior Member
 
Join Date: Feb 2008
Location: las vegas
Posts: 123
JoeGoldfarb is on a distinguished road
Default How to deal with an aging, financially irresponsible parent?

hello, i have a problem and am looking for advice on how to best handle this situation.

my mother has trouble paying her bills and just got her car repo'd a second time. i will have to drive her to and from work (120miles for me) and pay to retrieve her car. she needs to keep her job.

she had her hips replaced in august. she claims her medical bills is what puts her behind. she has a simple life - just a track phone, no cable, no internet and keeps her heat down.

one issue with her life is she has too much junk everywhere from being a hoarder.

she did not contact me both times she was behind on her car. maybe her pride got in the way?

she needs an infusion of capital to regain her footing. if i am going to invest in her failed business model, what should i demand out of the deal? her finance books to manage her money? ownership of all her junk so i can throw it away? if i do take over her finances then she will be become dependent on me for money like a child and thats not something i am looking forward to.

i want to preserve my assets instead of losing them into the money hole that is my mother. how much management of her life should i take on? how do i deal with or overcome her resistance to a loss of freedom?


thx
__________________
JoeGoldfarb.com -- Detailing my metamorphosis from a meat eating substance abuser into an aware, respecting life form. It's a fun journey!
Facebook
JoeGoldfarb is offline   Reply With Quote