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Legal, pensions and money

Obsession with Money

(28 Posts)
Birthto110 Sun 24-Dec-23 10:25:34

What to do if a key older relative in 80s (healthy and well) is obsessed (always has been) with talking incessantly only about money (costs, saving yet more money, price of things, electricity, gas, petrol, cleaning products, milk, the benefits of thriftiness etc).
To the exclusion of any other topic?
Despite being more than well-off, high income from pensions, having a well maintained home, cash savings to last ten lifetimes and nothing monetary to worry about. Meanwhile zero interest in world conflict, or their younger family members of different ages - who are all good and kind and sensible and try to be imaginative , - & with infinite patience !
Trying to be joyful around this is getting even harder.
We have also had a family tragedy but this is pretty much glossed over too.
They would not even spend a few pounds on an outing for social pleasure if there was a cost involved. wine
PS The emoji is meant to be a whine (a whine is allowed sometimes!) but will appear hopefully as a nice glass of wine instead !
Thank you for reading. Unfortunately it really is a serious problem getting family down, as we all thought it might get better one day. It's hard to believe one person can have this impact on everyone else.
We think people will refer to the loneliness issue- and yes this is sadly a problem - but in this instance it's sadly been created by the negative attitude. Other people /neighbours shy away eventually when they realise how tricky it can be. We visit regularly and do our best, always have done, go on outings etc - host birthdays nd so on - but it's having an impact on everyone and there are no real solutions. We try to encourage thinking about local charities and voluntary schemes etc but this doesn't work either.
A local church or community might be able to provide support but this has also been tried to no avail. This has always been a bit like this, so it's not age related and I rather suspect neuro-diversity maybe, although not sure if this is the right take on it either.

welbeck Sun 24-Dec-23 11:10:36

i guess you can't really change them, or their interest re subjects of conversation.
but could you try to not let them dominate the choice of topics discussed or commented upon.
there is much on this kind of problem, usually racist elder relatives, and how to cope with them when closeted together over xmas, over on mumsnet.
perhaps you might get some help or ideas from posting on there, or reading others' efforts.
i realise there is no simple solution, and you have my sympathy, and hats off for keeping on trying, rather than going NC or at least LC.

fancythat Sun 24-Dec-23 11:15:44

Is the person actually worried about "lack of money"? Even though they have sqillions?

Chocolatelovinggran Sun 24-Dec-23 11:37:01

Sadly, it's clear nothing will change her. Well done for trying to maintain a relationship with her. It's always going to be one way and I think that you recognise it.

BlueBelle Sun 24-Dec-23 11:47:09

Just chat away about other things completely ignoring any references to money completely starving the topic of any money oxygen
Or get a bit bolshy and say if you bring money up again I m going to leave and come back when you have another subject to discuss and then go, if it happens again do the same Retrain the brain even at this ancient age but it won’t happen over night it ll be a long process but you can teach old dogs new tricks

Theexwife Sun 24-Dec-23 11:47:13

Try telling her, maybe she doesn’t realise that her obsession is alienating people.

My mother is negative all the time, the way I deal with it is to visit her less.

nexus63 Sun 24-Dec-23 11:57:20

i am sorry but i would have to kindly tell her that is she is going to start talking about money or the price of things then i will have to leave, or if she is coming to your house then say to her there will be no talk of money or she will have to leave, if she does not drive then call a taxi.

pascal30 Sun 24-Dec-23 12:33:20

I think you are very kind and amazingly patient.. it does sound as though this person has compulsive anxiety issues and is unlikely to change.. you could try being very honest and say that the money talk is alienating people but if it so deep rooted I don't think it will change much.. short visits maybe? or perhaps this person could see a GP for some kind of anxiety medication?

Susan56 Sun 24-Dec-23 12:33:59

You could be describing my mum.It’s very wearing and her life would be much happier if she wasn’t worried everyone is trying to take money from her.
I have no advice but just want to say I understand💐

Birthto110 Sun 24-Dec-23 13:16:22

Thank you for the messages and understanding - it really helps!!! You rarely read about this problem anywhere - so thought it was just us. There are lots of debates which centre on other things such as pensioner poverty (which is a hugely important issue, help with fuel etc) - but to be honest these things that are constantly on the tv (and we understand why that is...) tend to feed the problem further - as they think it applies to them. And if you read it in the paper and see it on the tv it must be true! I once used to work in Social Research centering on Care Matters and Ageing and realise from various projects that lots of people truly think they're poor when it's the complete and utter opposite - but this is off the scale and impacts on everyone else borderline being emotionally mean at times. ''You can afford that, but I certainly cannot' etc about a joint of beef etc ''Your generation are lucky, you had opportunities'' etc
You get it. It's constant. Hey ho - we shall survive again this year. Need to have the Monopoly to hand.

muffinthemoo Sun 24-Dec-23 13:20:42

Can the person with the fixation be invited for a visit - just them on their own - on a different day to the rest of the family? Seems like they are driving the rest of the relations away with their carry-on.

karmalady Sun 24-Dec-23 13:24:25

older relative is deep-down scared, from the generation when many saved for old age. He/she could easily have 20+ years left of deteriorating health, knowing the cost of a good care home ie £6000+ a month. Many oldies do become very pedantic and introverted. Bluebelle has the right idea and be grateful that he/she could easily pay for their own care if needed

crazyH Sun 24-Dec-23 13:26:17

I have a dear friend whose mantra is ‘how much are you paying for your line rental? How much are you paying for Sky? What is your Heating Bill ? Bearing in mind she has 4 pensions (rightly earned) going into her account.

Witzend Sun 24-Dec-23 13:42:49

I do sympathies, Birthto110, it’s horrible, tedious and depressing.

An old aunt of dh was as tight as they come, despite having plenty of money. I used to call her Queen Midas and could not feel at all sorry when she finally died.

She used to get her fantastic but long- suffering cleaning lady (aka slave) to do her shopping (no extra pay) and would then complain bitterly because e.g. she hadn’t gone to a different shop for the butter, where it was 1p cheaper. I am not exaggerating here.

After she finally died, dh and his brothers made a Deed of Variation to her will, in order to send a nice fat cheque to the cleaning lady, who of course hadn’t been included.

TBH MiL had always told dh and his brothers that she’d find a way to take it with her, so they were surprised that she hadn’t! She’d never have left anything to charity - she ‘didn’t believe in’ charities. If anyone was poor, it was entirely their own fault for being lazy/feckless etc.

After she finally moved to a care home (frail but no dementia) she was paranoid about her money (‘If the staff know I’ve got money they’ll find a way to steal it!’

So dh had to pay the fees every month and then get her to sign a cheque to pay him back. And every time he did it, there was a screech of ’HOW MUCH??!!.

At her funeral, during his speech, dh said that if she’d known how much it was costing, there would have been that same screech, and since all present knew what she was like, there was a great deal of laughter!

fancythat Sun 24-Dec-23 14:13:07

Sounds like these people are downright scared.

Katie59 Sun 24-Dec-23 15:20:39

We have a good friend who is always negative, in fairness he has had a string of bad luck in recent years, he trie# to do too much and it backfires. We mostly nod or shake our heads then change the subject

Cabbie21 Sun 24-Dec-23 18:09:13

This must be so very wearing.
Is there maybe a possibility of going through her budget with her, and perhaps a comparison with a family’s budget, so you can demonstrate how comfortably off she really is?
Otherwise, just try to tell her straight that she is alienating people by her attitude and behaviour and they will stop visiting.

RosiesMaw Sun 24-Dec-23 19:07:59

Rather than neural diversity might she be showing early signs of dementia? Old people can become obsessed with their preoccupations and worrying about money, whether she has plenty of it or not, is not that unusual.

MerylStreep Sun 24-Dec-23 19:19:30

fancythat

Sounds like these people are downright scared.

I can’t speak for other people but with my close friend she’s just plain mean ( think re-using teabags )
She has owned 3 houses outright in the 20years I’ve known her: 2 of those were inherited.
But at least I can rib her about it 😂

Taylor2016 Sun 24-Dec-23 23:10:45

Oh my gosh…..I thought you were talking about my sister 🤣
She is very wealthy and has worked hard over the years (ironically in finance). Honestly,her whole conversations are about cost of care homes (retired early & in good health living in her own home)transferring required amount of money to new bank account's to gain a bonus.
Long life milk/bread is frozen……car is now in garage as bus pass is better value even if destination takes four hour’s. As the younger sister I make a joke saying’ you carry on saving I hope I live longer than you’
I think she missed her vocation in teaching people how to manage money. However,it is annoying when the whole conversation revolves around money & how to save.

Taylor2016 Sun 24-Dec-23 23:14:50

No cards this year as stamp’s are too expensive🎄🎁
Merry Christmas all

Birthto110 Mon 25-Dec-23 00:03:28

So many points here..
Seems a common problem to a lesser or greater degree.
They don't like to send xmas cards - but puts up any cards received ten years ago. But actually why not? That's a good idea environmentally speaking probably.
The point someone made about anyone in poverty has either ''obviously not worked hard enough''- or they've ''done something wrong''. It's very depressing to listen to.
Yes we are alone hosting mil this year as others have different plans - so it's the smallest xmas in a long time.
But we WILL make the best of it. It will be okay.
Get a bit of Elvis on the CD player and the King's speech which we will all watch.

GrannyGrunter Mon 25-Dec-23 10:11:38

I have an 81 year old friend (same age as myself) she has a financial advisor, her own detached bungalow, drives a car and is as tight as they come, if we go for a coffee, she is always through the door first and sitting down, tells me what she wants and will pay half (but never does) so I have to go and get the food and pay for it. She then moans about the price of the food or the tea not being hot enough or something else is not right so I tell her she hasn't paid for it so to stop moaning. She is always bragging about how much money her family has got and what good jobs they have but they never, ever visit her or invite her to their homes.

It has got to the stage I am now ignoring her phone calls and making excuses to keep away from her.

It must be worse if they are relatives as you don't want to cause upset but look at it this way, keep on her good side and when she kicks the bucket she will leave you all her money in her will.

HowVeryDareYou2 Mon 25-Dec-23 10:35:46

Birthto110 You could be talking about my brother (74). Hehas got a lot of worries - wife with Alzheimer's now in a home, son recently diagnosed with terminal cancer - but he's always telling me how much in credit he is with things (what's the point of that??) £1900 in credit with gas/electricity, £600 credit with Council Tax, etc. He's always been the same. He begrudged paying £13 for a taxi to visit his wife (although he drives), on ONE occasion when he couldn't get a life. He's not having to pay for the care home (he put most of his £££ into his son's account, to avoid it).
Nobody wants to bother with him (I'm the only one with daily contact but I don't like him either). What a waste of a life, to be like that.

MerylStreep Mon 25-Dec-23 10:42:48

Beat this 😂
Taking your own teabag to a supermarket cafe and asking for hot water 😱 True!!