Efewestern:


In a session, we usually have 3 Terms, so a guy with 80k salary paid 450k for a sibling who is still in secondary school. This is financial suicide.

With this, we can conclude that they were living far above their means.

chinasaekpere:
Hello guys, this is a very strong decision I want to make, I need your help to make this decision or not to. I am thinking of cutting my parents off because they have caused me enormous financial setback as a result of the bad decisions my father made. Firstly, I will like to give you a background of the story.

I come from a family of 4 and I am the first child of my parents. My dad is a retired federal government worker, he worked for many eyes as a school cert holder (so obviously, he didn’t hold very top position until he retired, probably the max in reached was level 8 or 9). He trained me through the university and he retired during my NYSC, at this point one of my brothers was in the university (he never graduated because he was nonchalant), my 3rd brother was a jambite and the last born was in primary school. The Jambite graduated this year and the last born is now a jambite.

In 2013, my dad retired and received gratuity worth several millions. My mom tried persuading him to build a house in the village because we are Igbos but Based in ogun state but my dad refused and insisted that he was going to develop his land in ogun state by building a 4 flats building (up stairs) then start business with the remaining money in Ogun state (apparently, he got the revelation from church to do that), he never completed the house. My dad is very religious until date, so out of the money he paid tithe, bought instruments for church and made some donations. Immediately I finished serving, I got a job with a pharmaceutical company as a medical sales representative. I was receiving a salary of 80k with commission. Things started great. I served some money I joined my dad in some of his fish farm business, I was in Enugu while he was doing the farm business in ogun state. When it was time to harvest the fish, I was told stories about theft, I spent 700k on the business but was able to recover 200k because I had to help him offset some debt.

To cut the long story short, my dad started having serious financial issues, couldn’t pay school fees of my last born in school, had several debts just about 2years after collecting millions as gratuity due to his wrong choice of investment. Ofcourse the financial burden transcended to me, until a point that my dad got into trouble from another debt, he spent church harvest savings that he was suppose to remit. I was paying my brothers school fees worth 150k per term, i had to take money from company’s account to help him offset the debt hoping that he would pay up and I will pay some before company finds out. The whole financial burden was so huge for a starter like me, owing to the fact that I lost all my savings to the fish farming business and I also had to pay house rents in Enugu and pay other bills.
I accumulated a debt of 1.2million with the company and then is started paying it by bit until the company found out that there was a deficit of 400k. I was arrested and was in the cell for days.
To get out of the cell, I had to sign a legal agreement for a payment plan of paying 30k monthly to offset the debt. Luckily for me, I got a 60k job 1month after, my dad couldn’t pay my last siblings school fees, I took him to Enugu and started Paying his bills. I was also paying 30k from my salary every month until I paid all the lost the job again during the heat of the recession. I managed to pay up that debt.
Since 2018, I haven’t really done any serious job, I started driving Uber in 2019, saved up some money, my mom needed money for business last year, i borrowed her, she couldn’t complete the payment. The car I was using to do the Uber got bad again.
I had to look for a remote job now in Lagos, I saved up money and learnt how to do footwear, i Am saving some money to pay my house and shop rent and get machines.
Last two month my dad called that he needed money for my brother’s school fees so he can complete his SSCE exams. He promised to payback mid last month, now I have not seen the money and my that was my house rent I borrowed him. My house rent expired in August. I called him, and ofcourse, he is playing the emotional game. Now, they are in serious financial mess and they seem not to want stop dragging me into it and it’s not as if I am doing great myself. I am not, I’m struggling to make something after mortgaging a lot of time paying several debts. It is overwhelming.

The point is, I am 31years old, I’m looking forward to making my own family and it seem if I am not careful, they will drag me back from this objective. Anytime I try to organize myself, they come up with their monetary problems and it hinders my growth. My plan was to get a shop and equip it before the end of first quarter 2022 from the saving I made from my current 80k salary and now they have collected my house rent in form of a loan. That’s a drawback again.

I have to make my own family, I need to shed some burden to be able to do that. I also want to be a parent and I never want to depend on my kids in my old age.
Should I cut them off?
If no, what do you advice that I do?

chinasaekpere:
I think you didn’t understand that he was already in the school before things became bad. We later pulled him Out of the school after then

We didn’t live beyond our means sir.

Workch:
Your analysis is wrong, you did not understand the guy’s story.
If you could afford the school fees before things went bad, you have to complete that session by paying the school fees before removing the child. It’s not in anyway living above your means. And he also stated that he later removed the child from the school. What he needs now is advice and not your toxic comments. Grow up, dude has obviously gone through a lot and you want to add this to it.

[s] Your reasoning is myopic and you didn’t properly picture the situation. [/s]

Efewestern:


I didn't get to see the part where he said they later removed the child from the school and you should know I commented base on my initial understanding of his Post. I wasn't been toxic with my comment and you should know opinions differ. With that been said, I already apologized to him for the slight misunderstanding.

PS: The stroked part wasn't necessary. Goodnight

Rubbiish:

He should learn to say NO & not block everybody. No man is an island!

stanvesco:



Please no matter what dont cut them off.
If popsy should drop dead now all the bills would still be on you okay.
Just putpen to paper and plan how to help them.

Acidosis:


The economy isn't even as bad as this during his father's early years. At least, his father got a Federal Government job with his SSCE. OP is riding taxi with B.Sc.

If youths of today don't rethink, many will end up even worse. This is not my prayer for anyone and I'm not in anyway saying that parents' needs shouldn't be met.

ogashman:
I'm in my mid thirties and currently facing this same issue op is facing... Don't even know what to do.

ahnie:
What my mum was constantly doing to me...I have blocked her number for some weeks now,and have had peace of mind now.

cococandy:


You’re absolutely correct

Youth of today will be worse off than our parents when it comes time to retire.

How many jobs today are offering retirement

Acidosis:


Ah ahnie you strong o

ahnie:

I value my mental health, would unblock her later probably during yultide period.make I enjoy my peace of mind small

ahnie:

I value my mental health, would unblock her later probably during yultide period.make I enjoy my peace of mind small

chinasaekpere:
Hello guys, this is a very strong decision I want to make, I need your help to make this decision or not to. I am thinking of cutting my parents off because they have caused me enormous financial setback as a result of the bad decisions my father made. Firstly, I will like to give you a background of the story.

I come from a family of 4 and I am the first child of my parents. My dad is a retired federal government worker, he worked for many eyes as a school cert holder (so obviously, he didn’t hold very top position until he retired, probably the max in reached was level 8 or 9). He trained me through the university and he retired during my NYSC, at this point one of my brothers was in the university (he never graduated because he was nonchalant), my 3rd brother was a jambite and the last born was in primary school. The Jambite graduated this year and the last born is now a jambite.

In 2013, my dad retired and received gratuity worth several millions. My mom tried persuading him to build a house in the village because we are Igbos but Based in ogun state but my dad refused and insisted that he was going to develop his land in ogun state by building a 4 flats building (up stairs) then start business with the remaining money in Ogun state (apparently, he got the revelation from church to do that), he never completed the house. My dad is very religious until date, so out of the money he paid tithe, bought instruments for church and made some donations. Immediately I finished serving, I got a job with a pharmaceutical company as a medical sales representative. I was receiving a salary of 80k with commission. Things started great. I served some money I joined my dad in some of his fish farm business, I was in Enugu while he was doing the farm business in ogun state. When it was time to harvest the fish, I was told stories about theft, I spent 700k on the business but was able to recover 200k because I had to help him offset some debt.

To cut the long story short, my dad started having serious financial issues, couldn’t pay school fees of my last born in school, had several debts just about 2years after collecting millions as gratuity due to his wrong choice of investment. Ofcourse the financial burden transcended to me, until a point that my dad got into trouble from another debt, he spent church harvest savings that he was suppose to remit. I was paying my brothers school fees worth 150k per term, i had to take money from company’s account to help him offset the debt hoping that he would pay up and I will pay some before company finds out. The whole financial burden was so huge for a starter like me, owing to the fact that I lost all my savings to the fish farming business and I also had to pay house rents in Enugu and pay other bills.
I accumulated a debt of 1.2million with the company and then is started paying it by bit until the company found out that there was a deficit of 400k. I was arrested and was in the cell for days.
To get out of the cell, I had to sign a legal agreement for a payment plan of paying 30k monthly to offset the debt. Luckily for me, I got a 60k job 1month after, my dad couldn’t pay my last siblings school fees, I took him to Enugu and started Paying his bills. I was also paying 30k from my salary every month until I paid all the lost the job again during the heat of the recession. I managed to pay up that debt.
Since 2018, I haven’t really done any serious job, I started driving Uber in 2019, saved up some money, my mom needed money for business last year, i borrowed her, she couldn’t complete the payment. The car I was using to do the Uber got bad again.
I had to look for a remote job now in Lagos, I saved up money and learnt how to do footwear, i Am saving some money to pay my house and shop rent and get machines.
Last two month my dad called that he needed money for my brother’s school fees so he can complete his SSCE exams. He promised to payback mid last month, now I have not seen the money and my that was my house rent I borrowed him. My house rent expired in August. I called him, and ofcourse, he is playing the emotional game. Now, they are in serious financial mess and they seem not to want stop dragging me into it and it’s not as if I am doing great myself. I am not, I’m struggling to make something after mortgaging a lot of time paying several debts. It is overwhelming.

The point is, I am 31years old, I’m looking forward to making my own family and it seem if I am not careful, they will drag me back from this objective. Anytime I try to organize myself, they come up with their monetary problems and it hinders my growth. My plan was to get a shop and equip it before the end of first quarter 2022 from the saving I made from my current 80k salary and now they have collected my house rent in form of a loan. That’s a drawback again.

I have to make my own family, I need to shed some burden to be able to do that. I also want to be a parent and I never want to depend on my kids in my old age.
Should I cut them off?
If no, what do you advice that I do?

mastermaestro:
Maybe I and siblings are blessed with wonderful parents. My parents aren't rich but very content, and don't even bother any of us for anything. The only reason they call is to know how you are doing. Simple. Send whatever you have, and do whatever you can. No pressures or bullying.

Op, please don't cut them off. Start acting broke. Eventually they won't pile too much pressure on you anymore. What annoys me is you falling into debts all the time because of them. This must stop! Debt destroys one's financial prospects.

Have a monthly budget for them. Don't go beyond it. Be firm. I also think you need a strong, decisive woman to strengthen you mentally so you are able to withstand their constant emotional blackmail.

Stay strong brother.

efficiencie:
@chinasaekpere from your post I can see that you have inherited the pattern and spirit of the waters and emptiers from your parents. Yes, your Dad is religious but he is not spiritual. You need to go for deliverance. If you cannot go for deliverance, get prayer points from Dr. D. K. Olukoya (http://mfmjesu-ga.org/2016/05/02/the-battle-against-the-wasters/) and pray before you make another decision. If you don't break from the pattern of your parents you will repeat their mistakes just as you have already started making the mistakes.

efficiencie:
@chinasaekpere from your post I can see that you have inherited the.......

chinasaekpere:
Hello guys, this is a very strong decision I want to make, I need your help to make this decision or not to. I am thinking of cutting my parents off because they have caused me enormous financial setback as a result of the bad decisions my father made. Firstly, I will like to give you a background of the story.

I come from a family of 4 and I am the first child of my parents. My dad is a retired federal government worker, he worked for many eyes as a school cert holder (so obviously, he didn’t hold very top position until he retired, probably the max in reached was level 8 or 9). He trained me through the university and he retired during my NYSC, at this point one of my brothers was in the university (he never graduated because he was nonchalant), my 3rd brother was a jambite and the last born was in primary school. The Jambite graduated this year and the last born is now a jambite.

In 2013, my dad retired and received gratuity worth several millions. My mom tried persuading him to build a house in the village because we are Igbos but Based in ogun state but my dad refused and insisted that he was going to develop his land in ogun state by building a 4 flats building (up stairs) then start business with the remaining money in Ogun state (apparently, he got the revelation from church to do that), he never completed the house. My dad is very religious until date, so out of the money he paid tithe, bought instruments for church and made some donations. Immediately I finished serving, I got a job with a pharmaceutical company as a medical sales representative. I was receiving a salary of 80k with commission. Things started great. I served some money I joined my dad in some of his fish farm business, I was in Enugu while he was doing the farm business in ogun state. When it was time to harvest the fish, I was told stories about theft, I spent 700k on the business but was able to recover 200k because I had to help him offset some debt.

To cut the long story short, my dad started having serious financial issues, couldn’t pay school fees of my last born in school, had several debts just about 2years after collecting millions as gratuity due to his wrong choice of investment. Ofcourse the financial burden transcended to me, until a point that my dad got into trouble from another debt, he spent church harvest savings that he was suppose to remit. I was paying my brothers school fees worth 150k per term, i had to take money from company’s account to help him offset the debt hoping that he would pay up and I will pay some before company finds out. The whole financial burden was so huge for a starter like me, owing to the fact that I lost all my savings to the fish farming business and I also had to pay house rents in Enugu and pay other bills.
I accumulated a debt of 1.2million with the company and then is started paying it by bit until the company found out that there was a deficit of 400k. I was arrested and was in the cell for days.
To get out of the cell, I had to sign a legal agreement for a payment plan of paying 30k monthly to offset the debt. Luckily for me, I got a 60k job 1month after, my dad couldn’t pay my last siblings school fees, I took him to Enugu and started Paying his bills. I was also paying 30k from my salary every month until I paid all the lost the job again during the heat of the recession. I managed to pay up that debt.
Since 2018, I haven’t really done any serious job, I started driving Uber in 2019, saved up some money, my mom needed money for business last year, i borrowed her, she couldn’t complete the payment. The car I was using to do the Uber got bad again.
I had to look for a remote job now in Lagos, I saved up money and learnt how to do footwear, i Am saving some money to pay my house and shop rent and get machines.
Last two month my dad called that he needed money for my brother’s school fees so he can complete his SSCE exams. He promised to payback mid last month, now I have not seen the money and my that was my house rent I borrowed him. My house rent expired in August. I called him, and ofcourse, he is playing the emotional game. Now, they are in serious financial mess and they seem not to want stop dragging me into it and it’s not as if I am doing great myself. I am not, I’m struggling to make something after mortgaging a lot of time paying several debts. It is overwhelming.

The point is, I am 31years old, I’m looking forward to making my own family and it seem if I am not careful, they will drag me back from this objective. Anytime I try to organize myself, they come up with their monetary problems and it hinders my growth. My plan was to get a shop and equip it before the end of first quarter 2022 from the saving I made from my current 80k salary and now they have collected my house rent in form of a loan. That’s a drawback again.

I have to make my own family, I need to shed some burden to be able to do that. I also want to be a parent and I never want to depend on my kids in my old age.
Should I cut them off?
If no, what do you advice that I do?

chinasaekpere:
Hello guys, this is a very strong decision I want to make, I need your help to make this decision or not to. I am thinking of cutting my parents off because they have caused me enormous financial setback as a result of the bad decisions my father made. Firstly, I will like to give you a background of the story.

I come from a family of 4 and I am the first child of my parents. My dad is a retired federal government worker, he worked for many eyes as a school cert holder (so obviously, he didn’t hold very top position until he retired, probably the max in reached was level 8 or 9). He trained me through the university and he retired during my NYSC, at this point one of my brothers was in the university (he never graduated because he was nonchalant), my 3rd brother was a jambite and the last born was in primary school. The Jambite graduated this year and the last born is now a jambite.

In 2013, my dad retired and received gratuity worth several millions. My mom tried persuading him to build a house in the village because we are Igbos but Based in ogun state but my dad refused and insisted that he was going to develop his land in ogun state by building a 4 flats building (up stairs) then start business with the remaining money in Ogun state (apparently, he got the revelation from church to do that), he never completed the house. My dad is very religious until date, so out of the money he paid tithe, bought instruments for church and made some donations. Immediately I finished serving, I got a job with a pharmaceutical company as a medical sales representative. I was receiving a salary of 80k with commission. Things started great. I served some money I joined my dad in some of his fish farm business, I was in Enugu while he was doing the farm business in ogun state. When it was time to harvest the fish, I was told stories about theft, I spent 700k on the business but was able to recover 200k because I had to help him offset some debt.

To cut the long story short, my dad started having serious financial issues, couldn’t pay school fees of my last born in school, had several debts just about 2years after collecting millions as gratuity due to his wrong choice of investment. Ofcourse the financial burden transcended to me, until a point that my dad got into trouble from another debt, he spent church harvest savings that he was suppose to remit. I was paying my brothers school fees worth 150k per term, i had to take money from company’s account to help him offset the debt hoping that he would pay up and I will pay some before company finds out. The whole financial burden was so huge for a starter like me, owing to the fact that I lost all my savings to the fish farming business and I also had to pay house rents in Enugu and pay other bills.
I accumulated a debt of 1.2million with the company and then is started paying it by bit until the company found out that there was a deficit of 400k. I was arrested and was in the cell for days.
To get out of the cell, I had to sign a legal agreement for a payment plan of paying 30k monthly to offset the debt. Luckily for me, I got a 60k job 1month after, my dad couldn’t pay my last siblings school fees, I took him to Enugu and started Paying his bills. I was also paying 30k from my salary every month until I paid all the lost the job again during the heat of the recession. I managed to pay up that debt.
Since 2018, I haven’t really done any serious job, I started driving Uber in 2019, saved up some money, my mom needed money for business last year, i borrowed her, she couldn’t complete the payment. The car I was using to do the Uber got bad again.
I had to look for a remote job now in Lagos, I saved up money and learnt how to do footwear, i Am saving some money to pay my house and shop rent and get machines.
Last two month my dad called that he needed money for my brother’s school fees so he can complete his SSCE exams. He promised to payback mid last month, now I have not seen the money and my that was my house rent I borrowed him. My house rent expired in August. I called him, and ofcourse, he is playing the emotional game. Now, they are in serious financial mess and they seem not to want stop dragging me into it and it’s not as if I am doing great myself. I am not, I’m struggling to make something after mortgaging a lot of time paying several debts. It is overwhelming.

The point is, I am 31years old, I’m looking forward to making my own family and it seem if I am not careful, they will drag me back from this objective. Anytime I try to organize myself, they come up with their monetary problems and it hinders my growth. My plan was to get a shop and equip it before the end of first quarter 2022 from the saving I made from my current 80k salary and now they have collected my house rent in form of a loan. That’s a drawback again.

I have to make my own family, I need to shed some burden to be able to do that. I also want to be a parent and I never want to depend on my kids in my old age.
Should I cut them off?
If no, what do you advice that I do?