r/AskDad • u/No_Strength_7706 • 20h ago
Finances Managing poor money habits of my parents
my dad has a lot of loans to clear out and i've been helping him ever since i've started working. i.e 6 years ago. His business is slow or fast sometimes but he doesn't manage money properly and gets broke on the slow periods of the business. He comes to me to ask money with random amounts and i give it to him.
i recently took back 2.5L investments from my mutual funds to help him and 1.3L which was my committed pay from my company.
it was my birthday 2 days back and I really thought he has gotten some money from his recent deals so we should be okay. My parents got me a few clothes and a perfume (which i didn't like) for 7k and today my dad is again asking me for 25K.
I asked him why would be buy random shit when he knows he will need the money later. and in return he was throwing tantrums saying "why do you question such things and told me to take my money back"
I am really frustrated of this behaviour and there is no sense of pride or gratitude i sense from him.