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Sister is having money issues

August 6th, 2013 at 04:09 pm

My sister moved away about 8 years ago. Things have really not been the same for them since. Here, they had a nice home, they both had good jobs, 2 kids and family around to help them. Now, they are 12 hours away. They rented for about 6 of those years. My sister had another baby when they first moved, so she was not working and did not work the majority of the time. My BIL was promised a large bonus for moving, but he didn't get everything in writing so they screwed him over a little bit. But even with that said, he makes pretty good money. My sister started working PT at a retail store a couple of years ago to help out. But they were still able to provide for the kids and take vacations, so I thought they were good. Well my sister started working FT last year. But the job was just a 1 year contract so they released her. Now she has no job. But instead of them rearranging their budget and cutting expenses, they are just sinking. I am worried. I'm worried that the boys won't have what they need. And we are several states away so its hard to help except send money. I don't want to intrude on them. They aren't asking for help. But I have a feeling they will be in a deep credit hole before all is said and done.

Posted in Uncategorized | 4 Comments »

4 Responses to “Sister is having money issues”

  1. creditcardfree Says:
    August 6th, 2013 at 04:57 pm 1375808252
    1375808252

    It is hard to watch isn't it? And when we think we know the story and we don't it is even more troubling. It is not your job to bail them out for their mistakes, particularly when we are in debt ourselves. I understand worrying about the boys, but I wouldn't just send money. If you know they need school supplies send a gift card to Target. And remember everything you do send is a gift, don't ever expect to be paid back.

  2. Joan.of.the.Arch Says:
    August 6th, 2013 at 05:23 pm 1375809800
    1375809800

    "Instead of them rearranging their budget and cutting expenses, they are just sinking." They will find a way to rearrange and provide basics for the kids if they if they eventually see that luxuries are bumping out necessities...won't they?

  3. IndianGal Says:
    August 6th, 2013 at 05:23 pm 1375809805
    1375809805

    I am sorry to hear about the financial trouble they are going through. It must be hard to watch and not be able to do something. Depending on your relationship with her, you might ask her how things are going and if there is anything that you could do to help. I hope better luck comes their way!

  4. snafu Says:
    August 6th, 2013 at 08:09 pm 1375819766
    1375819766

    Unless your sister and BIL are asking for help I suggest treading carefully. I find myself silently repeating MYOB when I talk to much loved SIL whose financial mis-management has me bewildered. I'm grateful the conversation is on the phone so she can't see the misery in my eyes. If she asks my opinion I offer suggestions. She mostly tells me after-the-fact and we stay good, trusting friends because I concentrate on keeping my mouth shut.

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