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31 sats \ 1 reply \ @Signal312 27 May \ on: Personal Finance: The Cautionary Tale of My Mother-in-Law econ
I definitely understand the frustration, in terms of close family members being really bad with money. And then, after a long chain of horrible decisions, asking for financial help.
But if it weren't for the whole "didn't save anything, spent way beyond my means, and MUST scramble for money now", I'd really admire the initiative someone in their 70's starting a business, or staying active and making money some other way.
So many people in their 70's (and 60's) are sitting around, not doing much, watching a lot of videos, or taking cruise after cruise (if they have money to spare). As for me, I want to be as busy as is compatible with happiness when I hit that age.
I agree. I actually doubt she's the kind of person who would ever fully retire, but she could be working a manageable part-time schedule doing work she finds fulfilling. Instead, we're pretty concerned that she's just going to work herself to death.
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