Christmas presents, for irresponsible niece.?
I have a niece who spends more then she makes. Is always in debt. Never saves for retirement. Designers things was only things she use to buy. She has gotten to the point she is going bankrupt. The last time I tried to help was over a year ago. I offered to refinance her mortgage, and pay off her credit cards, and get her up to date on her 2 car payments. It was going to cost 12,000. And her monthly bills would go down by 0. After paying one car payment, of close to 0 she said she did not want to refinance her house, and just wanted the money to pay off her credit cards. Which would only lower her monthly bills buy 0. That is not good financing. I said no. And since then I have not given any more money. Except for a small gift, for birthday, or now Christmas.
The problem now is she is mad at me because even though money is tight, I have given a few hundred to charities this year. And I signed up for 0 to my church to buy a gift for needy kids for christmas. I usually give to kids under 12yrs old and for the older older kids. My niece is mad that I most likely be giving more to a stranger. By the way I have forgiven over ,000 in loans in the last 10yrs
Am I wrong.
I am an uncle not a aunt. But thanks for the support. I get weak every few months and feel guilty. Thanks for making me strong again.