I love my parents and they are great people.
But they seem to always find a need to do something that ends up complicating their life more than it needs to be. I guess it is because they have this newfound time on their hands being retired and having no kids at home. They constantly find ways to spend money that doesn't need to be spent.
I normally wouldn't care if it was something trivial, and I'd say its well deserved in retirement (whether its a new car, some traveling or a home theatre). But they spend much, much more. Mostly on failed business "ideas" that were doomed from the onset.
My sister and I were both actually relieved when my parents were having hard times in their businesses because they couldn't free up any more money to dig themselves out--this was their only saving grace from spending more money.
Fortunately my side business has been growing and I'm graduating college soon. I'm positive that once I get things on track I can hire my father to work for me. I think it will be good because he will then work under me and will have a regular 9-5 again where they can live a so-called "normal" life. My father is the smartest person I've ever met--smarter than any professor I've met at college and I'm sure we will make a great team together (with me in charge, mind you). I'm also trying to get my mother involved in more activities like getting out with her friends and such. I think that both activities would take my parents minds off the bad ideas.
Anyone else ever experience something similar? It seems like a lot of unnecessary stress when they should just sit back and enjoy retirement rather than blowing their savings. I want them to live the next 25-30+ years (hope they live even longer) stress-free if possible but it's almost like they purposely complicate it.
What else can I do other than trying to keep them occupied? I tried confronting them with my sister but they wouldn't hear it.
But they seem to always find a need to do something that ends up complicating their life more than it needs to be. I guess it is because they have this newfound time on their hands being retired and having no kids at home. They constantly find ways to spend money that doesn't need to be spent.
I normally wouldn't care if it was something trivial, and I'd say its well deserved in retirement (whether its a new car, some traveling or a home theatre). But they spend much, much more. Mostly on failed business "ideas" that were doomed from the onset.
My sister and I were both actually relieved when my parents were having hard times in their businesses because they couldn't free up any more money to dig themselves out--this was their only saving grace from spending more money.
Fortunately my side business has been growing and I'm graduating college soon. I'm positive that once I get things on track I can hire my father to work for me. I think it will be good because he will then work under me and will have a regular 9-5 again where they can live a so-called "normal" life. My father is the smartest person I've ever met--smarter than any professor I've met at college and I'm sure we will make a great team together (with me in charge, mind you). I'm also trying to get my mother involved in more activities like getting out with her friends and such. I think that both activities would take my parents minds off the bad ideas.
Anyone else ever experience something similar? It seems like a lot of unnecessary stress when they should just sit back and enjoy retirement rather than blowing their savings. I want them to live the next 25-30+ years (hope they live even longer) stress-free if possible but it's almost like they purposely complicate it.
What else can I do other than trying to keep them occupied? I tried confronting them with my sister but they wouldn't hear it.
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