Money can help many people achieve their dreams and safeguard their future, but it can also sometimes cause conflicts between loved ones . This is usually because everyone has a different idea of how to handle their finances, which might lead to miscommunications in certain situations.
This is what happened between a man and his fiancée after she demanded he pay off her parents’ mortgage so that they could keep their home. When he refused to dip into his savings to help them out, it led to a huge argument between them.
More info: Reddit
It might be difficult to set financial boundaries with loved ones, especially when they are in desperate need
Pregnant woman upset with fiance while discussing money and parents about mortgage in a living room setting.
The poster shared that his fiancée’s parents needed money to pay off their mortgage, or else their home would be foreclosed, which is why she wanted him to help
Text excerpt about refusing to pay pregnant fiance money for parents mortgage facing foreclosure threatens financial conflict.
Pregnant fiance discussing money concerns with parents about mortgage and financial planning for growing family.
Text excerpt about pregnant fiancee receiving a call from her mother, discussing money and parents’ mortgage concerns.
Elderly couple worriedly calculating finances at home, concerned about mortgage and money issues related to pregnant fiance and parents.
The man wasn’t sure about dipping into his savings to help out his in-laws because he had kept a huge nest egg aside to secure his family’s future
Alt text: Woman worried about mortgage foreclosure as pregnant fiance and parents face financial challenges with inherited house.
Text excerpt about pregnant fiance asking to use savings for parents mortgage while managing money concerns.
Text excerpt about managing savings and vigilance with money as a pregnant fiance plans for a mortgage with parents.
Text about having savings for pregnant fiancé, money for kids, and support from parents related to mortgage planning.
Hands protecting a small house model balanced on stacks of coins and banknotes, symbolizing mortgage and money support.
The poster told his fiancée that he didn’t want to bail her parents out by using up 15% of his savings, even though he could “easily” do it
Text discussing concerns about paying off a mortgage for pregnant fiance’s parents and family financial responsibility.
Text discussing a pregnant fiance upset about money and parents regarding mortgage payments and financial concerns.
Text about refusing to pay mortgage to protect long-term financial stability with pregnant fiancé and parents involved.
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The woman was quite upset about the whole situation because she felt that her fiancé could easily earn back the money again
Since the poster was a musician by profession, he decided to save up as much money as he could in order to secure himself against the ebbs and flows of the industry. He also tried to build a big nest egg so that he could take care of his son and secure the costs of his future college and home.
According to experts , it’s definitely important for people from creative professions to learn how to budget and save, as it can help them when there is less work. They can start being more financially responsible by paying attention to their income level and noting which seasons and events bring the most money in.
It seems like the OP did just that in order secure his savings and live without worry, but this became a problem when his fiancée demanded he bail her parents out of their mortgage. Apparently, even though they owned a fully-paid-off home, they had taken out a loan on it as they needed the money.
In situations like this, where inherited assets seem to be a drain, lawyers explain that it might be better to sell or give it up rather than dig yourself into a hole. Therefore, if someone has inherited a huge home and can’t afford its upkeep, it might be better to sell it and buy a smaller place, or put it on rent for the foreseeable future.
Modern suburban house with green lawn and trees, representing parents helping with mortgage for pregnant fiance.
The woman didn’t seem to understand that her fiancé was uncomfortable using up 15% of his savings to bail her parents out. She felt that it was his duty to do so because he had kept aside a lot of money, and he could easily afford to spend it on them.
Although it might be kind to help loved ones financially, experts also point out that it can sometimes be a way of enabling their bad habits. This might happen more so if family members spend irresponsibly and keep expecting one person to bail them out whenever they get into a tough financial bind.
In this situation, it seems like the woman was so used to coming to her parents’ rescue that she felt it was also her fiancé’s responsibility to do the same. What she didn’t understand was that he didn’t want to risk their financial future to help out her parents, and in fact, wanted to set boundaries with them as soon as possible.
This difference in opinions about money led to a big conflict between the engaged couple, and they weren’t able to come to a resolution. Hopefully, they’re able to talk things through and decide on a compromise that doesn’t drain either of their bank accounts.
What do you think is the right thing for the man to do in this situation? We’d love to hear your opinions on the story.
Folks cautioned the poster against giving his money to his in-laws so that they could save their home
Reddit discussion about pregnant fiancé’s parents struggling to pay mortgage arrears and bank foreclosure concerns.
Screenshot of an online conversation discussing pregnant fiance asking for money from parents for mortgage savings.
Commenter stating the fiance’s parents don’t manage money well in a discussion about pregnant fiance and mortgage money issues.
Comment advising against using personal money to pay parents’ mortgage, suggesting fiancee and family handle pregnant fiance money issues.
Reddit advice on pregnant fiance, money issues, and parents’ mortgage risks with foreclosure and legal precautions.
Screenshot of an online comment advising to get a prenup in a discussion about pregnant fiance, money, parents, and mortgage concerns.
Comment on relationship issues about pregnant fiance asking parents for money for mortgage, discussing financial and emotional strain.
Comment on a forum discussing pregnant fiance asking parents for money to pay mortgage before marriage.
Screenshot of an online comment questioning responsibility for mortgage payments in a pregnant fiance money parents situation.
Screenshot of a Reddit comment saying “Buy it from them” related to pregnant fiance money parents mortgage discussion.
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Comment discussing careful money management and financial concerns in a pregnant fiance and parents mortgage situation.
Comment discussing pregnant fiance’s parents’ money issues related to mortgage affecting future family and relationship.
Comment on budgeting for child support related to pregnant fiance, money issues, and parents helping with mortgage.
Screenshot of an online forum post discussing a pregnant fiance, money issues, and parents helping with a mortgage.
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