My parents do this to me too, and I hate it.
They paid their mortgage off years ago, and brag about that, but then tell everyone with immense glee, how ridiculously cheap their house cost.
They don’t tend to go on holidays, but they fritter their money away on a complete load of shite, which to me is a disgraceful waste of money.
I know for a fact that they spend the following:
Around £130 per month on lottery tickets.
Around £500 per month on alcohol.
Around £160 per month in the £1 shop (mainly on little toys for my DD that break very quickly and get thrown away, and copious amounts of sweets, crisps and biscuits).
Around £100 per month on ‘ad hoc’ food shopping, and food impulse buys - most of which go to waste.
Around £300 per month on EBay, QVC, catalogues and high street clothes shops.
Around £100 on giving to charities.
So, around £1,290 spent per month - mainly on unnecessary things. I appreciate that it’s their money, but I can’t believe how careless and carefree they are with it. They’ve never saved for anything, and have no savings whatsoever.
I’m an only child, and was always bought obscene amounts of presents, and still am. The house was just always full of ‘stuff,’ and still is. We always went on lovely holidays, and I never went without anything, but they’ve never helped me with money, or to buy anything that’s actually useful.
I’ve not had any financial help whatsoever from them, even when I’ve pretty much begged them - and for a loan, not to be given the money. We very nearly lost out on getting our mortgage, as we needed £2,000 more for some additional costs, and they told me that they don’t have any money to give me, not even as a loan.
They didn’t contribute 1p towards my Degree or Postgraduate studies, yet parade around telling everyone what qualifications I have and how proud they are. I even paid for the whole of my wedding myself (with the exception of about a reluctant £500 from them), despite having only worked full time for 1 month before my wedding day, as I’d saved as much of my student loan and part time income as I could. I just knew that they wouldn’t offer.
We get on very well aside from financial matters, but the lack of assistance and constant bragging has sullied the relationship slightly over the years. My DH’s family are completely different and always help each other with money.