My Parents Are Broke! What Should I Do?

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[bobmarker]

What's worse than being young and struggling is being old and struggling. You're out of strength and time.

[chriswalker]

It must drive Dave crazy to ask a simple question and have to wait through a life story to get an answer.

[Sunny]

75 and a half and 65 and a half? feel like they're old enough to ignore the halves and quarters here but whatever.

[mohammadwasilliterate]

My parents are broke, said they wanted to retire broke, and they did, I no longer ask them details and let them enjoy their broke choice.

[hadezmage]

Why do all the callers sound like they just ran a marathon

[DougAlesUSA]

I’d like to see Dave jump on people claiming to be retired.

Retired is something you choose to do after you have developed a method to pay for your financial obligations without work income.

*These people did not retire, they quit working. There is a difference*

[jaredthibodaux]

Holy cow if she considers 100k in equity broke she should meet my family. I have blood relatives so horrifyingly in debt Dave would tell them to flee the country and start over in Peru under an assumed name.

[ankolegal]

This is literally me right now. Only difference is that my parents are not even willing to acknowledge or discuss the situation 😔

[tjbalistic]

They should have more videos like this. Showing what happens when you spend every penny you make your whole life.

[ShawnJeezie]

This call should scare everyone who's currently young and in debt.

[Gabster]

My parents are broke, too. I can't do much except tell them to sell their house, move somewhere cheap, have a budget but it's up to them to make the choices.

[windingpath]

Scary situation. I can't imagine in my 70s and still have substantial amount of debt.

[hothotheat]

It is not the responsibility of children to step in when parents squander their money. People need to stop holding up their parents as divine entities and realize that they are just as fallible and dumb as the next person.

[joeairbender]

My parent been broke since the day I was born and it does play a big part in your life, but still not an excuse to give up. I learned many things and my goal is to be better financially than them and not make the same mistakes.

[iviaverick]

I feel this. May parents are in their 70's, no retirement, still working, and neither myself or my siblings can afford to take care of them.

[threeicys]

Some people never learn to live within their means. So sad.

[LadyOrion]

No way I am fully retiring if I owe 275K. They both need to go back to work.

[OfficialYounginwell]

Bruh if she don’t stop breathing in the mic.

[lisamcandrews]

I need to go back to work. My mother is 82 years old she works four hours a day, three days a week. It keeps her mind sharp and she’s happier.

[laurenandreas]

I have no respect for parents asking their kids to support them! I wouldn’t do it if they have lived above their means! Sickening!!!