You're nearly 55 and you're sick of Money Makovers

Yeah I think a lot of people learned their lesson the hard way. But it might be a spouse who is really bad with money, not just children. An awful lot of relationships get strained this way.
Its surprising the number of older parents of adult children who give in to those children when it comes to money and especially with regard to property. Quite a few of the apartments in the last rental I had were by then being occupied by the adult children of the landlords, at what I can only imagine was quite a loss given that market rents on same would have been nearly 2k a month and some of them didn't seem to have been working at all.
 
In Rpz zone, LL might prefer to get reduced rent from a family member than a stranger.
 
Premos said:
In Rpz zone, LL might prefer to get reduced rent from a family member than a stranger.
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Absolutely - but I doubt in the case of the unit that was previously rented for 2k a month that they were getting anything at all from the said adult child for it.
 
Great insights. One thing I have found is a desire to tread lightly on the planet as I get older. Much less consumerism and interest in 'stuff'. Slow travel, slow food etc. Consequently I am naturally spending much less money in pre retirement phase than I was when I was younger.
 
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