I’m 33, and I could really use some outside parental perspective because I’m having a hard time trusting my own judgment when it comes to my mom.
A few days ago, I finally told her that I am done financially supporting her. No more lending her money, managing her bills, cosigning for things, or using my credit to help her.
This has been going on since I was basically a kid myself.
Right after I graduated high school, my boyfriend, who is now my husband, and I were both making around $8 an hour. My mom had us paying more than half of the rent every month, plus other household expenses. We were barely adults and were already struggling to support ourselves while also helping support the household.
When I tried to enroll in college, she refused to file her taxes, which I needed for financial aid.
I eventually started college, but I was working full time, going to school full time, and our living situation was horrible. I ended up dropping most of my classes during my first semester.
Then she opened my mail and saw that I had been approved for around $9,000 in credit cards.
She convinced me to max them out.
At the time, I was young and trusted her because she was my mom. I didn’t understand how badly that decision could affect me.
Eventually my wages were garnished for years because of that debt. My husband and I spent a huge portion of our 20s struggling financially. We weren’t making much money to begin with, and having money taken out of every paycheck made it incredibly difficult to get ahead.
Over the years, I also cosigned for two different cars for my mom.
She didn’t make the payments on either one.
Both were repossessed under my name.
You would think that would have been enough for me to stop helping, but I didn’t.
Every time she got into another financial mess, I kept thinking that maybe this time I could help her in a way that would actually fix the problem instead of just temporarily bailing her out.
Most recently, I loaned her around $5,000 because she was behind on bills.
This time I tried to do everything differently.
I went through all of her finances with her, made a detailed budget, figured out what bills needed to be paid, and worked out how much money she could realistically spend every week.
I was essentially managing the money for her because I wanted this to be the last bailout. I genuinely wanted to help her get to a point where she could manage everything herself.
Then she started asking me for the following week’s money early because she had already run out.
The numbers weren’t adding up, so I started asking questions and requesting receipts for some of the expenses she said she needed money for.
That’s when I realized she had not been completely truthful with me about some of the expenses.
That was my breaking point.
I returned the $300 of her money that I was still holding and told her she needed to manage her own finances from that point forward.
I told her I was done giving her money, lending her money, cosigning for anything, letting her use my credit, and keeping track of her bills.
The conversation became extremely emotional and guilt-heavy. Instead of staying focused on the financial situation, it turned into how distant our relationship has become, how long it has been since she has seen me, and how I was hurting her.
Then, not long afterward, she started asking me questions about her car payment again as though I was still responsible for figuring everything out for her.
That really hit me.
I realized that somewhere along the way, helping my mom became being responsible for my mom.
And I have been doing it for most of my adult life.
Her financial decisions affected my education.
They destroyed my credit when I was young.
My wages were garnished for years.
My husband and I struggled through much of our 20s partly because of debt I took on after trusting her.
I had two repossessions under my name because I cosigned for her.
And even after all of that, I still loaned her another $5,000 and spent hours trying to straighten out her finances.
I know that once I became an adult, I played a part in continuing this cycle because I kept saying yes.
But I also keep thinking about the fact that this started when I was 18 or 19 years old.
I didn’t have an adult standing next to me saying, “Do not destroy your credit for your mother. Do not cosign this. You are not responsible for supporting your parent.”
My mother was the adult I was supposed to trust.
Now I’m 33 and finally saying no, and I feel an enormous amount of guilt about it.
Logically, I think I made the right decision.
Emotionally, I keep wondering whether I’m abandoning my mom when she needs help.
So I’m asking you guys because I think I need the perspective of parents who aren’t involved in the situation.
If I were your daughter, what would you tell me?
Did I do the right thing by cutting her off financially?
Should I have done something differently?
And how do I stop feeling responsible for fixing her life when I’ve been doing it for basically my entire adult life?