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I’m the youngest sibling, with two older sisters and one older brother, all of whom are married with households of their very own. At present, I reside with my retired mother and father, who have been public servants, in a house that was initially theirs however has just lately been transferred to my title.
My mother and father had beforehand allotted funds to every of us for buying our personal properties. Subsequently, in addition to the house we inhabit, we possess one other property that we hire out.
My eldest sister’s household has relocated abroad. My second eldest sister and her household, benefiting from substantial monetary backing from her prosperous in-laws, now dwell in appreciable consolation and personal a big quantity of actual property. Regardless of their wealth, she and her husband show a noticeable reluctance to spend.
In distinction, my elder brother and his partner generate remarkably excessive earnings, surpassing VND100 million (US$3,930) month-to-month. They’ve invested in a home, a car, and a land plot valued at VND3 billion. They take pleasure in luxurious meals, trendy apparel, and consequently, are likely to expend excessively of their every day life.
In comparison with them, my household’s way of life is markedly modest. My spouse’s and my mixed revenue doesn’t exceed VND30 million, and my in-laws lack the monetary means to supply us extra assist. We launched into our marriage journey with minimal assets.
My mother and father have designated the home we share with them as the longer term website for ancestral veneration after their demise. They’ve explicitly instructed that this property is solely for residential functions and must be preserved for successive generations with out the choice of being offered, a choice unanimously revered by our household.
Life, nonetheless, is unpredictable. My brother’s family abruptly encountered enterprise failure, compelling him and his partner to liquidate their property and land to settle their money owed, as they’ve knowledgeable us. They stated they have been lucky to retain their residential property, however now owe my eldest sister VND5 billion and my second eldest sister an extra VND3 billion.
This growth left my mother and father heartbroken. In response, they depleted their financial savings to offer him assist. Additionally they appealed to us, the siblings, to contribute in the direction of aiding him. My sisters have consented to cut back VND500 million every from the debt owed by my brother.
However, my household is just not able to help my brother within the method our siblings have. The house we occupy is just not on the market, and we will’t promote the opposite property we lease out both since it’s essential for protecting our two kids’s academic bills. Residing in a serious metropolis, the price of dwelling for our household of 4 is substantial, with our collective revenue barely ample for our fundamental wants and leaving minimal surplus. Our financial savings, meant for emergencies, quantity to roughly VND100 million solely.
Regardless of these constraints, we’ve got dedicated to allocating a portion of our future financial savings to assist my brother when possible.
I additionally proposed to my mother and father the concept of promoting our current dwelling to buy a smaller one, ample for each our household and them, thereby releasing up funds to alleviate my brother’s debt. My mother and father, nonetheless, opposed this suggestion.
Furthermore, regardless of their ongoing debt to my sisters, my brother’s household has not modified their lavish way of life or expenditure patterns. They persist in dwelling opulently, with their way of life and indulgences remaining unchanged. They assert that their funding was unsuccessful, but their appreciable month-to-month revenue persists, which additionally leaves me deeply conflicted about all the situation.
Is my stance on this matter justified?