Last updated:
29-Jun-2009
5 Money Styles and How Differences Cause Family Conflicts
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Hi Claire, I think you're right, there is a Depression-era combination of worrier and hoarder that is particularly challenging, and many of our parents fall into this demographic. My mother was similar; I had to redo her budget over and over to try to prove to her that she had enough money to pay a caregiver a few hours a week and give my sisters and me some respite. Good luck with your situation!
There is one category missing. My parents are children of the depression (b. 1921). The are a very difficult combination of Worrier and Hoarder. They have plenty of money (enough to live in the facility they are in for 25+ years, and it is a land-locked cruise ship-type), yet they wear shoes until they have holes in the soles. They purchase clothes only once every 5 years or so, and the clothes they purchase are Walmart or 'dollar' store clothing. Very frustrating to us kids. When we moved them, we had to give to junk stores and throw out a very large amount of 'precious' items. They are still asking where something is (cost in 1960 $5.00, worn out and dirty).