My Sister Just Cut Off Our Elderly Parents for the Absolute Worst Reason

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My Sister Just Cut Off Our Elderly Parents for the Absolute Worst Reason
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We've been fighting, and she's drawn a line.

My parents, now in their late 70s, made awful financial decisions that culminated in them taking early Social Security—a combined $1,600 per month, with no other retirement or savings to live on. They both have mobility issues, and my dad is having memory issues, so working isn’t a possibility.

Two years ago, in order to keep them nearby in our increasingly expensive area, my sister and I decided that my parents would move in with my family, and my sister would contribute $400/month toward their living expenses. We didn’t have a written contract, but we do have a record of her doing this since they moved in.Last month, we had a blowup with my sister over her refusal to get her kids vaccinated, and she stopped talking to all of us. And she’s stopped contributing funds.

As for whether paying off your credit card immediately is ideal, it really depends on how you’re using it and what the terms of the account are. If you’re using a card that has significant rewards for spending , there may be some incentive to put expenses on the credit card and pay it off before you accumulate an amount of interest that outweighs the rewards.

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