A person close to me called asking for money for dog food because she can't afford dog food right now. Here's the backstory why:
She made 75+K annually, and at one point had over 130k in her 401K. She got frustrated at work, quit, and cashed out her 401. She then sat on her ass for a year. Now, a year is a long time, but she didn't save any of this money. She went out and spent $100 just on lunch, went shopping, bought jewelry, and lo and behold, she spent all that money except $2000. Down to her last 2 grand, she decided she needed a better vehicle and financed a 2014 Honda Ridgeline ($39,000). Her $400 child support payments didn't cover her mortgage and car payments, so she was foreclosed on. The bank finally repossessed her truck, but they are suing her for the difference. She moved here to be closer to family, and then her kids decided to move in with their dad. So now she owes HIM $400 a month child support. She is working part time at a temp agency, can't declare bankruptcy because she just did three years ago, and is all the while complaining about how it's not fair that I am a SAHM (we are sacrificing A LOT for me to be home) and she wishes someone would just "come take care if her too". I want to scream. I don't know if I can even talk to her anymore. I told her the dollar store has dog food, and she said "I can't even borrow $20? You guys have all that money in your 401k that you're not even using. " (we had discussed retirement goals at one point, when it looked like she was going to fire long before us!!!!). I'm flabbergasted. And annoyed. Thanks for listening.