Money Matters
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When not reporting/under reporting taxes can rear its ugly head

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Re: When not reporting/under reporting taxes can rear its ugly head

  • brij2006 said:
    smerka said:
    And in my experience, people who do this crap are the first to complain about 'welfare queens' and people on food stamps but don't see their own actions as wrong. They pat themselves on the back for working the system. Again this is my personal experience. Not saying your SMIL is like that.

    *****************************

    FIL is this way.  He will complain about people abusing the system.  It takes everything we have to not say, "like your wife?"

    They're the same ones who have flat out told us they aren't worried about retirement because their kids will take care of them.  Which means H and I, because BIL is an alcoholic and is a 27 year old still living with mommy.  
    It's sad, but if FIL were to pass away, SMIL would be screwed.  They also aren't thinking of long term in this at all.  Her disability check at age 55 may not be that bad, but when she's still receiving that same amount when she's 75, that money won't go very far.
    Have you told them you can't (or won't) take care of them? If those were my parents or inlaws I'd sit them down and say "sure I'll help with your retirement - give me control of your finances now and I'll make sure you save enough". Ugh. And yet the younger generation feels entitled? 
    We have told them that they will be able to come to our house for a hot meal, and they will have a roof over their heads.  However, they won't have a $30k truck, a $20k camper, a $15k Harley, and a $150k house.  
    We've told FIL that he's in for a rude awakening if we have to help him out.  Then it means we have all control over his finances, and he won't like that.

    We've offered to pay for them to take Financial Peace University.  The church we're all members of, has it going right now.  They said no.
    They did make some sacrifices about a month ago.  FIL bought a beater truck and said he was going to sell his $30k one.  It's still sitting in his driveway.  They also cancelled their cable. 
    But that's it.  None of that matters if the behavior doesn't change, and we know it hasn't because they're still saying we'll support them.  

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