‘Good son’ lets parents take loans in his name, ends up buried under ₹65 lakh debt; saves just ₹10K from ₹1.4 lakh/month salary

A man’s attempt to support his parents’ struggling businesses has left him buried under ₹65 lakh in debt—and a hard realization about boundaries.

In a Reddit post, the user shared how years of stepping in to rescue his parents from financial trouble slowly snowballed into a crisis of his own. What began as occasional help turned into repeated bailouts, often without clear explanations or transparency.

“I recently realized my parents are extremely poor at managing finances,” he wrote. “A lot of the times in the past, I tried to bail them out… but this has now landed me in an extreme burden.”


Despite earning ₹1.4 lakh a month, his finances are stretched thin:

• ₹95,000 goes into EMIs
• ₹35,000 covers monthly expenses
• Leaving barely ₹10,000 in savings

Most of the debt stems from loans taken to support his parents’ failed ventures, including a restaurant and a shop.

Now married with a six-month-old child, the stakes feel heavier. Conversations with his parents, he says, often lead nowhere—sometimes escalating into arguments and emotional strain. So he’s made a call that many struggle with: stepping back.

“I tried to help as a ‘good son,’ but I need to draw a hard line now.”

Two paths, no easy answers

He’s now weighing two options—both practical, neither painless.

Option 1: Sell the flat
Selling his ₹55 lakh property could help him clear a major chunk of the debt, drastically reducing EMIs and offering a quicker financial reset. But it would mean letting go of a home.

Option 2: Stay and fight it out
By aggressively prepaying loans using savings, PF, and gold, he could hold onto the flat—but remain under financial pressure for the next few years.

The bigger question: What does responsibility really mean?

His dilemma has struck a chord online—not just because of the numbers, but because of the emotional weight behind them.

At its core, this isn’t just about debt. It’s about where responsibility ends, and self-preservation begins.

Trying to be the “good son” came at a cost. Now, he’s asking a different question: what does being fair to himself look like?