By Cold-Addition4098 • Score: 2 • April 13, 2025 8:05 PM
Background: I am of South Asian descent and 28M.
Growing up, my parents provided me and my siblings with everything we needed from the best education to paying for activities such as tennis, swimming etc.
My father who was a C-level executive in the finance industry made pretty good money throughout his career and was able to make several investments with his income. I think his last drawn annual compensation in 2016 was USD300K+.
In 2016 he was let go and believes he was scapegoated (wrongfully dismissed) and things have never been the same. Fast forward 9 years to today and he is still depressed and hardly gets along with anyone of his former colleagues. He complains all the time about how funds are tight and he could have worked more years and made more money (he was about 4-5 years away from retirement when he was dismissed).
I don’t believe his funds are tight. I know he has 2 houses, 1 apartment and 4-5 lots of land fully paid off and one apartment with a mortgage that he decided to buy recently (2ish years ago). If I were to guesstimate his net worth, I would put it at USD 2 million+ (this number was probably closer to 5 million a few years ago, before the local currency weakened significantly.
I make good money for my age but nothing crazy (about 100K/year) and listening to my parents over the past few years complain about money, started helping them out where I could. Sending about 2K every occasionally. I also helped out my paying for my sisters final year of uni which amounted to about 10K. About 6 months ago I started sending my parents $500 each month. A couple weeks ago their washing machine broke down and my mom called me to tell me about. It sounded like she was hoping id pay for a new one so I asked wouldn’t the monthly amount I send you cover it? She said no and so I paid for a new one.
I move to Europe recently and when I was talking to my parents on the weekend, my dad said your mom is missing you so send us tickets to come see you. Similarly he’ll find ways to drop comments about how kids should help parents out. At one occasion, we were talking about how a family friend of ours bought a car and said this is probably going to be last car in my lifetime and my dad goes, his kids should have said no no we’ll buy you cars in the future.
I don’t know why but consistently hearing my parents talk about money with a subtle message (at least that’s what it seems like to me) about me or my brother doing more to help them out is making my respect for them nosedive. AITAH for feeling this way?
Apologies for the long post.
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