With the economy acting up and the cost of living skyrocketing everywhere, it’s no surprise that adult kids are turning to the bank of mum and dad to get a leg up. But what happens when the same kids try to take advantage of their parents’ generosity?
After lending her son and his wife $50,000 to buy a home, one mom expected them to follow through on their simple repayment contract. Instead, she was met with endless excuses about how broke they were — all while watching them buy a brand-new truck and take off on vacations to Mexico and Las Vegas.
She shared her story online, hoping for an objective solution to her dilemma. Should she write off the massive debt to keep the peace, or is there a better way to hold her son accountable?
