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Dear Amy: My wife and I bought a house. Our intention was to sell it to my son and his wife for the same price that we paid for it.
We rented it out while getting their existing house ready to sell.
We agreed to the stipulation that they need to improve how they handle their money. They both work, but live paycheck to paycheck. (My daughter-in-law is a spending machine.)
The new and bigger house has appreciated 20 percent since we purchased it and they both really want to move in, but they have not kept up their end of the bargain.
If I cancel this deal or delay selling this house to them, she will go bonkers.
She is VERY headstrong. My son needs to stand up to her, but I am reluctant (I already tried) to put this on him because he is going through treatments for depression – this depression thing has really changed him.
He has mentioned failure and suicide.
I just cannot support a lifestyle that supplies 37 pair of underwear for their 4-year-old daughter.
His mother and I want to do the best thing.
What do you think?
– Concerned Father
Dear Father: You are attempting to control this couple, and this is the worst way to go about it.
If they are so bad with money, then aren’t you setting them up for failure by putting them into a “new and bigger” house? How will they afford the upkeep and the taxes on this more valuable property?
And because you have such low regard for her and a lack of compassion for him, they should not be financially entangled with you.
Overall, if you are trying to inspire someone toward change, you need to agree to specific and achievable milestones. “Improve how they handle their money” is a vague stipulation. Are you in charge of deciding if they have “improved”?
This arrangement also has you believing that you have the right to count their young daughter’s underwear, which you don’t. That is extremely disrespectful to everyone in the family.
This lack of respect is potentially disastrous for your relationship with this family. Your lack of boundaries and harsh judgment will have a negative impact on your son’s mental health.
“This depression thing” is real. Depression is a serious illness, and your son should be focused on his health and treatment – not on pleasing you.
Your son probably does need to stand up to someone, but in my opinion, you are the person he needs to stand up to. Unfortunately, his depression has likely robbed him of the strength to do that.
If you made an agreement, you should stick to your end of it. And then you should remove yourself from all financial control.
If you and your wife want to help them, you could put your extra money into a college fund for your granddaughter.
https://www.arcamax.com/healthandspirit/lifeadvice/askamy/s-2630766?fs
We rented it out while getting their existing house ready to sell.
We agreed to the stipulation that they need to improve how they handle their money. They both work, but live paycheck to paycheck. (My daughter-in-law is a spending machine.)
The new and bigger house has appreciated 20 percent since we purchased it and they both really want to move in, but they have not kept up their end of the bargain.
If I cancel this deal or delay selling this house to them, she will go bonkers.
She is VERY headstrong. My son needs to stand up to her, but I am reluctant (I already tried) to put this on him because he is going through treatments for depression – this depression thing has really changed him.
He has mentioned failure and suicide.
I just cannot support a lifestyle that supplies 37 pair of underwear for their 4-year-old daughter.
His mother and I want to do the best thing.
What do you think?
– Concerned Father
Dear Father: You are attempting to control this couple, and this is the worst way to go about it.
If they are so bad with money, then aren’t you setting them up for failure by putting them into a “new and bigger” house? How will they afford the upkeep and the taxes on this more valuable property?
And because you have such low regard for her and a lack of compassion for him, they should not be financially entangled with you.
Overall, if you are trying to inspire someone toward change, you need to agree to specific and achievable milestones. “Improve how they handle their money” is a vague stipulation. Are you in charge of deciding if they have “improved”?
This arrangement also has you believing that you have the right to count their young daughter’s underwear, which you don’t. That is extremely disrespectful to everyone in the family.
This lack of respect is potentially disastrous for your relationship with this family. Your lack of boundaries and harsh judgment will have a negative impact on your son’s mental health.
“This depression thing” is real. Depression is a serious illness, and your son should be focused on his health and treatment – not on pleasing you.
Your son probably does need to stand up to someone, but in my opinion, you are the person he needs to stand up to. Unfortunately, his depression has likely robbed him of the strength to do that.
If you made an agreement, you should stick to your end of it. And then you should remove yourself from all financial control.
If you and your wife want to help them, you could put your extra money into a college fund for your granddaughter.
https://www.arcamax.com/healthandspirit/lifeadvice/askamy/s-2630766?fs
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Just when you think it can't get worse - it does!
God, I hope this is a particularly unfunny parody letter.
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And if they don't have laundry in the house, or if she wets herself sometimes -- she's four! -- then that's not even a lot!
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But that's beside the point. Unless "37 pairs" means "a lot of underwear (which if someone counted might be less than half that many)", WHAT THE HECK IS THIS GUY DOING COUNTING HIS GRANDDAUGHTER'S UNDERPANTS?
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I'm very ADD today. I'm sorry if this isn't coherent outside of my head.
Also? I can tell this guy didn't do laundry at his own house when his kid(s) were small. That's a reasonable amount of underwear for a kid who still regularly has accidents. The underwear thing in general is such a weirdly specific detail.
Living paycheck to paycheck and the son's depression may shockingly have a connection. /sarcasm.
Some questions I have: What exactly are these terrible spending habits your daughter-in-law has? Is it really excessive spending or is things like a fancy coffee once a week? Is it avocado toast? Was there a written outline for this house for better money habits deal? Why does it matter to LW that the new house has grown in value since he bought it? Why include the percentage in this letter? Why the concern about money anyway? Did you not do a good job teaching how it works?
Re: I'm very ADD today. I'm sorry if this isn't coherent outside of my head.
Not to mention having this guy for a father.
Re: I'm very ADD today. I'm sorry if this isn't coherent outside of my head.
But very possibly the opposite connection from whatever Dear Old Dad thinks.
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The LW and their wife bought a house that they will then sell to their son and DiL for the same price. I can picture circumstances under which this might make sense (son and DiL need a little time to get a down payment/for something to work its way off their credit report), but is the sale to the son and DiL being done through some kind of private arrangement (that is, through monthly payments to the LW and wife) rather than obtaining a mortgage? How will the two couples continue to be financially entwined, at least where the house is concerned? Is this some kind of rent-to-own situation?
Not, mind you, that I think there needs to be a practical reason for LW to be putting conditions on the other couple's finances. He pretty much screams "control freak." But the whole thing here is just weird.
Also, anyone else notice the quick mention that the house has appreciated? Wanna bet LW is looking for an excuse to back out because he can get more money for the house than the agreed-upon price?
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Guarantee that after realizing how much money he could make he wants to sell the house and take the profit (or keep getting rent) and the rest of this letter is just flailing around for some other reason to do it.
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...the fuck? A lifestyle that supplies a multitude of underwear for a four year old? That would be...ordinary life, I imagine. Not a lifestyle.
So many missing missing reasons here. So many.
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Not to mention psychiatrist visits, psychologist visits, and antidepressants for the husband are all hella expensive.
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