The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools

URL:  http://boards.fool.com/she-keeps-spending-money-on-trips-and-other-27003014.aspx

Subject:  Re: Retirement Advice For Momma Date:  9/17/2008  6:27 PM
Author:  DorothyM Number:  13978 of 19741

She keeps spending money on trips and other unnecessary things that are adding up. I feel like she needs a financial plan of action for the little bit of money she has saved up or she's just going to blow through all of it.

This is very scary! Your mother doesn't have much money and she can, indeed, blow through it very quickly. I'm wondering, first of all, if she's a wee bit depressed -- she has reason to be. First, of course, your Dad's death. Then, it's difficult to work with a lot of younger people in a job where appearance is such an important aspect of the job. Put on top of that, the simple fact that it's probably more difficult physically for her to be on her feet all day.

I don't know how close you are (and I mean that geographically and emotionally) but if you're "kindred spirits" perhaps you can have a heart to heart. Perhaps you can get her permission to speak with