My 22 years old son has only two semesters to go before he gets his bachelor degree. He’s still living with the family at the moment. He work part time at a coffee shop and want to be chemical engineer after he graduate. At coffee shop that he works at, he has a coworker/friend who is majoring in business. This guy is making me crazy.
He keep put all stupid idea in my friend’s mind. My son has been begging me to let him sell his car that we bought for him two years ago. He says if he sells the car, he’ll save $345 on gas and insurance. He even made a chart that shows he can save up to $500 a month if he sells the car. He says he want to sell his car for $4,000 and buy a bike and save everything else. He says he want to finish college and get a job and save as much as possible for a year so he can buy a house instead of renting. He also says he is considering to not owning a car until he retire.
He also have been really bugging me about how I manage moneys. I bought a new television a couple months ago, my son keep telling me that I should haven’t bought new one since the old one was working fine. He tells me if I would have continued to save, I could have enough for a down payment for a new house and rent it out by end of year. He also is trying to talk me into not buying s motorhome that I’ve been saving up for a long time. He’s trying to tell me I can easily put down payment on two or even three houses or buy a business or stock and make profit out of it.
My son even made a scrap book with all stuff he wants such as are he want to travel to, his dream house, his dream boat for fishing, and other things. He say this motivate him to save even more. He want things such as owning a lake with couple cabins and hotels to rent out so he don’t have to work and can fish everyday or travel.
My son also is always talking about how people fall in keeping up with the Jones trap. He considers many things as unnecessary luxury. I’ve tried to explain him that they didn’t fall into it, it is just a popular thing at the time that people get into and it makes them happy. He just says it didn’t make them happy, they just want to keep up with others. All idea his friend put in his mind is absurd.
I’m afraid that his friend is setting him up for a big disappointment. His friend hasn’t even bought a house or finish college yet and yet he’s playing finical advisor for my son. My son takes every single of his advices very seriously and is trying to follow it religiously.
I want my son to realize that his friend know nothing and that if my son want to have all those things he dream of, he’ll need to find a really good job and really work his butt off for it. I don’t want him to continue live with false hope and hollow dream only to be hurt in the end. How can I show him that by selling his car, he’s doing himself a great disservice?
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