my brother and mother died in the last year. my mom left me $100,000. I do not have any money left. I saved my house from going into foreclosere by making over $30000 in back mortgage payments,due to a divorce. I bought my son a 1994 bronco, i caught up on some bills and had to pay $20,000 to renovate moms house so i could put it up for sale. I did buy some clothes for my kids and bought furniture in my house because i didnt have any. I have 3 children and work full time. I get no child support!! why do i feel so guilty about not having any $ eft???
2007-01-17 05:50:36 · 7 answers · asked by maggie 1 in Business & Finance ➔ Personal Finance
But don't you have a house that you can sell or live in?
You might have blown part of it, but by building equity in your home, you are still ahead.
2007-01-17 05:59:53 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Well, not sure why you bought your son a car.. your son should buy his own car.
But otherwise, you focus on what you paid out and not having any money, not whether you NEED the money? If you DO need the money, they it isn't guilt, it is recognition you are hosed.
If however you thought you should have saved it, and failed in that goal, then you were and are not being realistic about the situation you were in. If all that money went for bills and fixing things up to sell, then that was what had to happen.
Now you need to figure out what got you into that mess in the first place... might mean selling the house and getting a cheaper one, or renting. You got into a hole somehow and unless you fix it, you are still hosed.
2007-01-17 06:03:24 · answer #2 · answered by tony911m 2 · 0⤊ 0⤋
Possibly because you felt like you gave part of her away.
I'm sure your mother would have wanted you to take care of yourself and her grandchildren with that money.
You shouldn't feel bad because if your mother would have left you with nothing, your emotional state would have been kicking in to the negative long before now.
It's possible that with her death you felt horrible but also a sigh of relief because it allowed you to tie up some loose ends and get back on your feet again.
It's just a process of grieving and if you look deep enough, you're trying to project a guilt about the money issue as a blame for your sadness of your mother passing.
You did what you had to do to make life better for you and your children...and your mother would have probably wanted it that way.
Grieve her properly and don't blame yourself for spending the money. That's why she left it to you.
2007-01-17 06:02:31 · answer #3 · answered by Chick-A- Deedle 6 · 0⤊ 0⤋
100G is a lot to go through. You caught up on everything you needed to and even put some of the money into your mothers house. If you sell her house then you still have money just try to hang on to it and put it in a savings for your kids that way you have some money stashed away when it is needed for good reasons.
2007-01-17 06:31:55 · answer #4 · answered by Cutie Pie 2 · 0⤊ 0⤋
because you spent so much needlessly. probably should have refinanced. then there's the 40k on clothes and furniture? wow. anyway if you renovated your moms house then it should soon sell and you'll be ahead of the game. talk to a financial planner when you sell the house. and, you can still refi your house.
2007-01-17 06:05:05 · answer #5 · answered by Anonymous · 0⤊ 0⤋
You should feel guilty about those big debts before they died. That was the problem. Paying them off was the right thing to do - no guilt about that.
2007-01-17 07:48:34 · answer #6 · answered by spicertax 5 · 0⤊ 0⤋
AND WHERE YOU YOU BE NOW WITHOUT THE 100G.....??
USED IT--ITS GONE...BUT YOU HAVE SOMETHING ON THE POSITIVE SIDE..
SOME PEOPLE WOULD HAVE DONE 100G WORTH OF COKE..
2007-01-17 06:00:43 · answer #7 · answered by cork 7 · 0⤊ 1⤋