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Children helping parents out of debt.

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I would just like to applaude all of you currently helping out parents who are in debt....you really are amazing!!

I always think its up to the parents to look out for their kids (mine never did you see) but so many of you are sorting out families debts for them, this is just an appreciation thread I guess.

How do you cope with your own issues? Do you get equal support or do you find it emotiaonally draining as you are dealing with a loved ones finances?

Give yourselves a huge pat on the back!!:T

:A
xxxxx
Lightbulb moment 27-11-06
Debt at highest £25470.85 _pale_

Currently awaiting CCCS Plan.

Proud to be dealing with my debt!

Comments

  • seconded..
    Barclaycard 3800

    Nothing to do but hibernate till spring






  • Verbatim
    Verbatim Posts: 4,831 Forumite
    Part of the Furniture 1,000 Posts
    Thirded......
    CCs @0% £24k Dec 05 £19,621.41 Au £13400 S 12600 Oct £11,981 £9481 £7500 Nov £7250 D £7100 Jan 6950 F £5800 Mar£5400 May £4830 June £4660 July £4460 Aug £3200, S £900, £0 18/9/07 DFW Nerd 042
  • LOL :rotfl: :rotfl:
    Lightbulb moment 27-11-06
    Debt at highest £25470.85 _pale_

    Currently awaiting CCCS Plan.

    Proud to be dealing with my debt!
  • ariba10
    ariba10 Posts: 5,432 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    What about us parents that are helping our kids out?
    I used to be indecisive but now I am not sure.
  • Verbatim wrote:
    Thirded......
    uh.. fourthed?
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • kevin_M
    kevin_M Posts: 551 Forumite
    emmm im helping a older brother out (does that count) :)
  • I think generally, as parents you expect to have to help your children (adults) out of difficulties, this should be also applauded but it is something that most parents do, and a choice they make when their child is concieved (supporting them for their life emotionally and sometimes financially too)

    However for a child to support a parent, well that takes something very special IMO, as traditionally it is normally the other way around.

    Well done to you too Kevin!
    Lightbulb moment 27-11-06
    Debt at highest £25470.85 _pale_

    Currently awaiting CCCS Plan.

    Proud to be dealing with my debt!
  • silvercar
    silvercar Posts: 49,529 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    My in-laws support us with the time they spend with their children and particularly their grandchildren; just as valuable as money IMHO.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
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