- June 22, 2008 at 2:54 pm #258635
If there is a valid reason this person cannot find a place of their own
perhaps another family member could take on the responsibilities for awhile.
It’s easy to have expectations for others when you don’t live with the
situation on a daily basis.
If they are able to work, then its your job to let them know what the
boundaries are. Even if they continue to live with you, they need to be
responsible for their own debts -don’t let them have access to your credit
cards or bank accounts, don’t pay their bills and don’t let them have any
input on your budget. You could set a work-in-lieu-of-rent schedule that
assigns them responsibilities in your home. Let them know what percentage of
the grocery bill they will be responsible for or give them their own small
fridge and hot plate to manage their own meals. Don’t pay for them to come
out for dinner with you, pay for their cell phone, buy school supplies or
cover their long distance bills. Put passwords on your computers so they
cannot shop online. In short, make it as difficult as possible for them to
get access to finances or create debt in any name but their own.
Unfortunately, they will never “be convinced to budget and save” if they are
still getting freebies at your house. Its up to you to set and enforce the
boundaries based on your own financial reality and your own preparations for
your own future. If you’re interested, here’s the link to an article I wrote
last year about passing on money management skills.
The people I interviewed were firm that too many people are not prepared for
their own future because they’re supporting someone else that is well able
to fend for themselves.
And good luck. It’s a tough situation but an incredibly important one to
On Sun, Jun 22, 2008 at 7:54 AM, Oscar <firstname.lastname@example.org> wrote:
> Hello, I have a problem as stated in my subject line, I want to live
> by a budget and save money but, there is a person’s in my household, a
> family member that doesn’t believe in putting money aside for a
> raining day.
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