Comments on: What To Do When Your Parents Are In Debt Trouble http://fitzvillafuerte.com/what-to-do-when-your-parents-are-in-debt-trouble.html Business, Investments and Personal Finance Fri, 30 Jul 2010 05:06:49 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Mighty http://fitzvillafuerte.com/what-to-do-when-your-parents-are-in-debt-trouble.html#comment-51147 Mighty Sun, 17 Jan 2010 02:11:40 +0000 http://fitzvillafuerte.com/?p=2175#comment-51147 When I was in College, my parents had to do some borrowings, too. And I also learned that they had a couple of other debts when we were younger. These debts weren't really put to good use so that was a little disappointing. But the past is the past and we're all looking for ways now to pay off all those debts. When I was in College, my parents had to do some borrowings, too. And I also learned that they had a couple of other debts when we were younger. These debts weren’t really put to good use so that was a little disappointing. But the past is the past and we’re all looking for ways now to pay off all those debts.

]]> By: Jimmy Kibler http://fitzvillafuerte.com/what-to-do-when-your-parents-are-in-debt-trouble.html#comment-51102 Jimmy Kibler Sat, 16 Jan 2010 20:51:17 +0000 http://fitzvillafuerte.com/?p=2175#comment-51102 It can be very difficult to take control of the finances of your parents as they want to maintain their indepence. It can be very difficult to take control of the finances of your parents as they want to maintain their indepence.

]]> By: Alla @ Rich Money Habits http://fitzvillafuerte.com/what-to-do-when-your-parents-are-in-debt-trouble.html#comment-50771 Alla @ Rich Money Habits Thu, 14 Jan 2010 10:44:02 +0000 http://fitzvillafuerte.com/?p=2175#comment-50771 Great advice Fitz! Dealing with debts and parents is a tricky situation not only because there's money involved but more because of the emotional repercussions of watching everything you say so as not to damage your relationship with your parents. When this happens, not only does it become a problem between you and your parents, it could also damage your relationship with your siblings, or even your relatives for that matter. I think one thing to keep in mind is to know that you're there to help out each other. You are a family. Dealing with financial problems or not, you are still a family. You are better off solving the problem together than against each other. At the end of the day, you should still be a family. And that what's truly matters. Just my two cents. :) Great advice Fitz!

Dealing with debts and parents is a tricky situation not only because there’s money involved but more because of the emotional repercussions of watching everything you say so as not to damage your relationship with your parents. When this happens, not only does it become a problem between you and your parents, it could also damage your relationship with your siblings, or even your relatives for that matter.

I think one thing to keep in mind is to know that you’re there to help out each other. You are a family. Dealing with financial problems or not, you are still a family. You are better off solving the problem together than against each other. At the end of the day, you should still be a family. And that what’s truly matters.

Just my two cents. :)

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