Financial self-abuse is frequently a clue to alcoholism. Get your alcoholic son sober–first.
My son keeps getting deeper into debt
Dear Doug:
My son, who doesn’t earn enough to cover regular expenses, spends some $400 monthly on beer and cigarettes. He and his wife owe $15,000 on five credit cards and over his wife’s objections he just bought a new flat-screen TV. He refuses to see a counselor. What can be done?
Signed,
Concerned and frightened father
Dear Codependent,
Other columnists might suggest that your son turn his paycheck over to his more responsible wife. They might also suggest divorce, keeping in mind your daughter-in-law would still likely be on the hook for the debt. They’d say she could try earning more, which would only serve to further subsidize and thereby exacerbate your son’s irresponsible behavior. A fourth approach ...