Anyone else grow up poor? How do you help your parents?

likeuplifting
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Remember that time you needed new shoes that they could not afford but they made it happen
When it was your special day and money was tight but they made it special for you
When you were little and not feeling well how one of them stayed up watching out for you
Whenever you fell they picked you up - hugged and kissed you
Remember all the love they gave you

Remember how they nurtured you and did everything and more
Somehow I feel they were never poor when it can to giving you, love.

Remember all that and you will find your answer.

likeuplifting

@VP 1 I can completely relate with you.

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My parents are very bad with money management. I bought them a cheap house and pay the utilities. That way, I know I'll never again have to help my parents move everything the day before the sheriff shows up to evict them.

Never again.

likehelpful
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I grew up very poor. I don’t need to help my mom because she invested in herself when I went to college and ended up doing quite well. I wouldn’t cross the street for my father. Sometimes you have to light the match and let that sh$$ burn.

likeuplifting

My parents ate a lot of medicinal vegetables and drank a lot of Chinese tea. I think as a result they aren’t in as poor shape as most Americans. They raised my two siblings and I on 45k. We probably wouldn’t have made it if all of wasn’t forced to work at a young age. I think they’ll be fine. They are working still in their late 60s.

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I’ve paid my parent bills. Currently, I’m trying to move them into a new apartment. I will help them pay part of the rent. I’m also trying to build a house for them in my home country. The house will have a mini grocery store where they can sell goods and become financially independent.

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I didn’t know I grew up poor. Both my parents have passed away but I would be more than happy to give them everything I have to get them back!

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My wife and I both support our parents - just to supplement income. We send about 15k a year.

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I help with extras. Small getaway trips together are on me (I go somewhere with my Mom at least once a year). I pay for the flights to visit me and all food etc when they want to come out. Nice gifts for birthdays and holidays.

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By giving them money

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Yep and abused. My partner also grew up poor but had loving parents. I don’t even talk to mine anymore, but we have been saving a ton to help my partner’s parents retire and move back to Asia. We aren’t helping now since we intend to provide a lot in a few years.

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I don’t grow up poor but my parents were terrible with money, trying to compete with others. As a result of poor money management and not thinking about financial needs in retirement, my mom is now poor, living in a big house she can barely afford on social security with so many repairs needed that she can’t afford at all. She is in the process of moving in with us, but when she’s needed money, I have always paid bills or paid for groceries directly, instead of giving her the cash to pay the bills because I don’t believe she’d use all that money for her bills/repairs/groceries/etc. I have a sibling in the EXACT same situation, but I do not help financially at all. I have tried to help set up a budget at her request, but she rejected it because it is “too hard to do”.

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