The Student Room Group

family money troubles

:frown: I'm posting this anonymous because I don't want my friends to know it's me.

I don't even know why I'm writing this, sorry I guess I just need to blab it out somewhere anonymously, I'm feeling so depressed, because my whole family are depressed. My dad is going through some pretty bad money troubles... and has been the past 5 years.. it's really destroyed the happiness in our family because we're all worried.

He used to have a really great job, a stockbroker, we used to be comfy and well off.. until he got fired and he's in his late 50's now and he can't seem to find a similar position, nobody is willing to hire a man that age. He's been working night shifts in a factory instead to get us by. I don't know. Just so depressed you don't even need to respond, I just need to get this off my chest :frown: I feel so bad to spend any money now, on clothes, food, anything.. I avoid switching lights/tv on in the house to save money on electricity bills... I'm just so scared and ugh.. just :frown: .thanks for reading anyway
That's a really horrible position...you have my sympathies. You could try getting a weekend job or something, that way you might feel as if you're helping the situation a little...
Reply 2
sorry to hear about your situation. our family used to be in the exact same postition. my dad got made redundent, and my mum only worked part time as a college lecturer. in the end, my mum had to work in a shop as well and my dad did temping, because no-one wants to hire a 54 year old with out of date qualifications.

it got to the point where we were considering to move house because we couldnt afford it.

but all of a sudden, my dad managed to find a new job which paid better than his last one!

the best thing to do is stay optimistic. 5 years is a long time, but staying positive helps. when we were struggling for money, i tried not to ask my parents for anything, and to pay everything out of my own wages etc.
Indeed, not a nice place to be. I know it well.

You just gotta keep your hopes up. Things have to get better. You're doing everything you should/can do, and as stupid as it sounds, and easy for an "outsider" to say, your worrying won't help your family's situation at all, let alone you and your health.

Try to make the best out of what you have, as hard as it is. Like I said, things'll get better.

Wish you all the best. :smile:

Becca <3.
Reply 4
I don't want to comfort you by offering you something that will not make a difference in reality.

Money is made through earning, not saving. My family and friends all are sort of involved with the Financial Markets. An experienced businessman always prepares for the worst scenaria. Perhaps your father did so too but not so well. You, as his kid, should be focusing on making some money to support yourself, if not him. This will be far better than saving several pounds a month by switchig off lights and stuff.

I am not entitled to advise what a man should do at that age. But I think you may want to search for some jobs on the Internet, which for a man at that age is generally not well in, and learn what his strength is and bring him more possibilities. There are many jobs designed only for a man in his 40s and 50s, such as Senior Advisors and CEOs.

PM me if you like, and I will try to help.
Reply 5
We came close once, my dad works self-employed at his own car mechanic business, and the lift that pulls the cars up failed while he was under it - luckily he was ok but it shook him up and he didn't go to work for quite a few days, and he never takes time off, he said he didn't want to go back and may consider something else.

But he had no choice really, as he has no qualifications as such, and could never earn as much as he does anywhere else. So I'm just glad he is ok and can carry on and hopefully wil be fine until retirement!

So I know how easily things could change, just keep in there and try and put on a happy face. I'm sure your parents wouldn't want you working to help them, they may feel as if they are failing, but you can always offer it, or offer some of your wages, like a sort of rent or so.
:hugs:

I understand that money problems can easily affect the whole family. I once had an arguement about money with my parents and I am still angry about how they responded. I hope things look up for you soon.
Reply 7
I know what you're going through my family have always struggled with money, yes my parents have a nice terraced house which is worth a lot of money but they can't even afford to run a car (they use mine) and even that is a 12 year old £400 Fiesta.

I am not exactly well of myself (thinking about changing career).

I am not sure how old you are but I am guessing you are nearly at an age to go uni etc anyway so your family problems won't be so much of a problem.

You just have not to tell it get to you, thankfully we live in a society that means none of us will end up on the streets. Although I nearly ended up in a rough council estate once.
Reply 8
:hugs:

You're not alone... :tsr: are here for you.

I'm not trying to make a joke out of something that isn't funny. I sent you a private message... I hope it makes you feel a bit better.

Take care sweetie xx
My name is Laura Holes I'm 34 years old and I've also been searching for jobs by using the indeed website and job centre plus without my brother or my Dad knowing about me searching by sending out CV's if they heard about it they would do anything to rope me out because they don't evenly like me finding a job and I'm also busy with the house work and doing the family shopping and going to have an interview for an afternoon cleaning job at a school and got everything on the quiet side also got a meeting on Monday for benefits too might see how they both go and thought to keep my job on the quiet side until I can prove it to my family 😊