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My dad wants to buy a new car when he still 40k-50k in debt from a previous vehicle purchase. What should he do? : personalfinance

https://old.reddit.com/r/personalfinance/comments/w6u1u7/my_dad_wants_to_buy_a_new_car_when_he_still

								

								

My parents took out a loan and bought a jeep back in 2019 and now they don’t drive it because of the gas prices. My dad does Uber for extra money and says that it would be better if he buys a hybrid to save on gas.

Also whenever I bring up budgeting he hits me with the “it’s not that simple” talk

Also

I think you should pay out of pocket for your dad and mom to sit down with a financial planner or an accountant, a well-reviewed one who charges by the hour (avoid salesmen who will try to sell your parents investments and make money on commission).

I brought up talking to a financial advisor but my dad told me “what is he gonna tell me that I don’t know” .I even offered to pay for the session. Today is my last attempt to try and help him. After this I’m not helping

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Jesus christ this makes me feel sick. I'd hate if my parents were this stupid with money.


Secured my spot as a top 100 most memorable rdrama poster

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Ex's dad got a fat payout because he was trucking and somehow had pallets fall on him one day. Sued the shit out of the place, won, fast forward 15 years later and he's been living BIPOC rich his entire life out of apartment after apartment in the ghetto; the settlement hits and what does he do?

Buys ipads and apple products for his entire family (and second wife) and a new car (they already had one)

She divorces him not even a year later.

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:#trolldespair:

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