Milton
Thinks s/he gets paid by the post
- Joined
- Apr 18, 2007
- Messages
- 2,360
Well, looks like this fellow's mother has a [-]bizarre[/-] interesting rationale for spending everything:
Love & Money - WSJ.com.
Personally, I'm not sure that things are as bad as he believes. In the first place, the inheritance will presumably be some time in coming, and perhaps his mother may not be quite so keen on "the grand consumer opportunity" when she actually gets her hands on the money.
Secondly, his mom reportedly intends to use the inheritance to upgrade from a one-bedroom condo to a two bedroom condo. If necessary, the latter could later be sold, leaving mother with a cash reserve. It's not like she plans to spend the money on a new car or a cruise.
I vividly recall in grade school her telling me that "if money was made for saving, God would have made everything free." That philosophy has been a guiding principle in her life.
Love & Money - WSJ.com.
Personally, I'm not sure that things are as bad as he believes. In the first place, the inheritance will presumably be some time in coming, and perhaps his mother may not be quite so keen on "the grand consumer opportunity" when she actually gets her hands on the money.
Secondly, his mom reportedly intends to use the inheritance to upgrade from a one-bedroom condo to a two bedroom condo. If necessary, the latter could later be sold, leaving mother with a cash reserve. It's not like she plans to spend the money on a new car or a cruise.