<human>: My husband and have been married for 7 years, we had our first child last fall, we're both loving being parents and it's honestly changed both our lives for the better.

Now to the problem I'm facing. Recently, his parents have "fallen on hard times" and asked us for a considerable amount of money to help them with their finances. His mom and dad are extremely frivolous with money, they buy stupid stuff constantly like computers, folk art, and jewelry. They rarely eat a meal at home. This spring they cashed in their retirement money to buy a brand new car.

My husband and both are underemployed and every dollar is accounted for in our budget. Having a child really cut down on our "play money" so to speak. We do have a decent vacation fund of about 4,000 dollars saved for a trip later this summer. 

My husband has always been the caretaker type, he makes sure no one does without including his mom and dad. He's helped them in the past but now is having trouble saying no. When he told his mom we couldn't help them she told him that if I wasn't "constantly buying things for the baby" he would have been able to help her. 

When she found out about our vacation fund, she told him he could loan her that money and they would pay it back by fall so we could take a trip over Christmas break. She even went as far as to say he owes her that money because she took care of him as a child.  Now he's seriously considering giving her the money because she keeps bullying him.

How do I help him see it's not our job to help them continue to live a lifestyle they can't afford? I don't want to turn him against his family or anything but we worked hard to save that cash. They aren't at risk of losing their house or cars, they just can't play around like they used to.

Can you provide a brief rundown of the text in within 3 sentences?
<bot>: We saved money all year to take a trip, his mom is trying to get him to "loan" it to her so she can still live a "comfortable" lifestyle.