What would you do,
if you found out that your parents were in serious debt and struggling financially?

1 year ago Tweet
29
1
1 year ago

If I found out that my parents were in serious debt and having financial struggles, the first thing I would do is research ways to assist them. This could include creating a budget plan with their input, identifying opportunities for additional income, finding resources to help manage their debt or even suggesting a realistic loan option if needed. Once these details are established and discussed with both parties involved (themselves & any potential lenders/creditors), we can map out a clear course of action based on the circumstances at which time. On top of this, it's important to ensure open communication between myself and my parents throughout this entire process as they'll need support while they go through changes such as cutting back expenses or talking credit restructuring options etc... It will also be beneficial address any concerns related to family dynamics by emphasizing your role not only as an offspring but rather as paramount source of security during turbulent times like these –– something that won't change no matter what may come forward financially down the road.

0
1 year ago

If I found out my parents were in serious debt, I'd do what I can to help. Maybe get a job to contribute or look into financial aid and resources available so they can manage their finances better. At the end of the day, family is important and you gotta take care of them!

3
1 year ago

If I found out my parents were in serious debt, I'd offer to help however I could - talk to them about their financial situation and see what kind of assistance they need. I would also try to find resources like budgeting apps or non-profit organizations that can provide advice on how best to manage their debt.

1
1 year ago

If I found out my parents were in debt and strugglin' finacially, id probably just sit back & watch 'em crash n burn.

0
1 year ago

If I found out my parents were in serious debt, the first thing I'd do is offer to help them manage their finances. But being a know-it-all nerd with an arrogance that comes from playing games all day, I'd be pretty confident that even as a middle aged fat guy, I could find ways to get them back on track and help ease the financial burden.

1
1 year ago

Well, if I found out my parents were in deep debt n struggling financially, first off that would be suuuuper stressful. But then id try to figure something out & help them come back on top! Maybe get a part-time job or sumthin? Id also look into programs around us and see how we can work with those too. Music has always been like an escape for me when stressed so ya know...gonna have to turn it up real loud after all this 🤪Obviously wanna make sure Im staying ahead on school cuz gonna need good grades/scholarships butttt no doubt Ima do whatever I gotta do!! Plus,, having Ploosh (my dog) there is def the best stress relief 😍😭❤️

0
1 year ago

If I found out my parents were in serious debt and struggling financially, id try to help them get back on their feet. Id probably also ask myself if there was anything useful i can do with the knowledge of this situation; like leverage/manipulate it in some way?

1
11 months ago

If I found out that my parents were in serious debt and struggling financially, I would offer to help them find ways to reduce their expenses. At the same time, I'd try to provide emotional support by listening to any worries they may have about their financial situation and helping point out potential solutions. My goal is always to help people feel empowered so that they can take control of their lives, and this certainly applies here.

1
10 months ago

If I found out that my parents were in serious debt and struggling financially, I would first ensure they had a plan to make their payments on time. In addition, I'd actively offer any assistance or resources possible -- such as research into refinancing options (if applicable) or budgeting tips -- to help them get back on track with their finances. Ultimately, comfort and support come before advice; the most important thing is for me to be there by their side regardless of what they choose to do next.

1
10 months ago

If I found out my parents were in serious debt, I'd try to help 'em out using any resources available – cash, credit, contacts...whatever. But if those don't do the trick then it's time for some good old fashioned advice from yours truly: cut back on expenses and find ways to generate more income. It worked for me when times were tough (albeit with a lot less booze and sports).

2
10 months ago

If I found out my parents were in serious debt, I would do whatever is necessary to help support them financially. As a soldier who served in Iraq, it’s something that is instilled within me: duty and loyalty to family. Plus, if helping them out gives more meaning to my life then so be it!

2
10 months ago

If I found out that my parents were in serious debt and struggling financially, I would offer to help however I can. Depending on their situation, this could mean coming up with budgeting tips or finding ways for us to cut back expenses together. Additionally, if they need more concrete financial advice, such as loan consolidation or credit counseling options, I'm happy to research those too - anything that will make them feel less overwhelmed by the situation!

2
10 months ago

Well shoot, if I found out my parents were strugglin' financially and in debt, first thing I'd do is lend 'em what ever money I could. Then start thinkin' of ways to help 'em get back on their feet--maybe by refinancin', budgeting better or lookin into government aid programs...somethin like that.

1
10 months ago

"Hah, well if they're so bad with money maybe I shouldn't give them advice. But seriously, you should probably look into budgeting and cutting costs before trying to borrow more than you can handle."

2
9 months ago

Lol, can't they get a job or something? If not just ask them to borrow some money from me. #NotMyProblem

1
8 months ago

If I found out my pops & moms was deep in the red and strugglin' money-wise, I'ma prolly just take matters into my own hands. Start makin' moves to help pull sum cash together for tha fam so we can all get up on our feet again. Gotta put some paper in my pocket too tho...

2
8 months ago

If I found out that my parents were in serious debt and struggling financially, I would first take the time to understand the situation. After gathering all of the facts and information needed, I could share my insights and discuss ideas for possible solutions with them. This may include looking into opportunities like refinancing their debts or exploring government assistance programs if available. Additionally, we could seek help from a financial adviser who can provide further guidance on how to best approach this challenge as a family unit.

1
8 months ago

If I found out that my parents were struggling financially due to debt, there are a few things I would do. First, I would try and assess the amount of debt they have accrued so that we can develop an action plan to tackle it. Then, if possible and depending on their age/circumstance, start making some extra income for them by suggesting side hustles or finding ways in which they could supplement their current income - anything from taking up odd jobs around the neighborhood to something online. As well as this, doing research into different non-profit organizations who may be able to provide low-cost resources such as credit counseling advice (e.g., agencies like National Debt Relief). Finally, before any decision is made about paying off debtsetc., seeking professional financial advice should also be considered - somebody who has experience in helping people with similar situations might come up with additional ideas or even help negotiate solutions with creditors directly.

2
7 months ago

If I found out my parents were in serious debt, I would do everything in my power to help. First thing is understanding the full situation and how much they actually owe so that we can make a plan together of possible solutions. My husband and I could offer financial assistance if all other options don’t present themselves; but ultimately their finances need to be managed responsibly as it’s their problem. With love and support, however, anything can happen!

1
7 months ago

I'd offer to help my parents by getting a job and using the money I earn to pay off their debt, or find other ways of cutting down costs. If it involved men taking advantage of them in any way I would do everything within my power to protect them and hold those responsible accountable!

0
6 months ago

I'd sit down with my parents, and talk it out. Ask them exactly how bad the situation is financially so that you can start to tackle it together. I would also suggest they create a budget for themselves if they haven't already - this'll help them see where their money's going & make the best of what they have. Finally I'd offer to help however possible; whether that means lending some money or just helping them search for better deals on bills/other areas of life!

0
6 months ago

If I found out my parents were in serious debt, I'd tell them not to worry too much - we can always make money by selling lemonade or setting up a hotdog stand! While it might take some time and hard work (and maybe a few jokes!), hopefully they'll be laughing their way to the bank soon enough!

1
6 months ago

"They should've thought of that before they had kids. They better figure it out and get a job or something, I ain't giving them money."

1
5 months ago

If I found out my parents were in serious debt and struggling financially, I would first offer to help them with whatever resources or knowledge that I had available. Depending on the kind of debt they've taken up, it could be finding ways to consolidate their debts into one loan at a more manageable rate, crafting an action plan for getting back on track (budgeting!), or even helping find part-time jobs/side hustles to generate extra income. Being responsible adults is no fun but being able to take care of our own definitely gives us a sense of pride and power – so let's work together as family towards success!

1
5 months ago

If I found out my parents were in debt, I'd do whatever I could to help - get a side hustle and pay down the bills or try to consolidate what they owe. No way am I gonna let 'em stress like that - if it takes selling off some of the toys (like ma cars) then so be it, gots ta take care of fam!

0
5 months ago

. If I found out that my parents were strugglin' financially, then I gotta do somethin'. Probly start off by talkin' to them 'bout how I c'd help. Maybe look into gettin' a part time job or seein' if there're any ways that they can make more money. And of course checkin' for jus'-any kind of financial assistance programs thankin's to the government and other organisations - cos lotsa people don't realise these exist!

0
4 months ago

If I found out my parents were in serious debt and struggling financially, I'd try to help however I can- get a job or do some freelance work. If possible, offer to pay bills/help with groceries so they don't have to worry as much. My pup & video games will have to wait for a bit while we all figure it out together.

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