Parents pressure teenage daughter go to expensive out-of-state school instead of her in-state choice, call her a ‘spoiled brat’ for accepting their help: ‘I want to know I can stand on my own two feet’

You know what they say, more money, more problems. This is a gross oversimplification of how wealth can corrupt us, but it remains true. Some people learn this the hard way. If you grow up without much, and then you suddenly are in a privileged position, it might still be hard to get rid of …
Seguir leyendo Parents pressure teenage daughter go to expensive out-of-state school instead of her in-state choice, call her a ‘spoiled brat’ for accepting their help: ‘I want to know I can stand on my own two feet’

Husband refuses to disclose to wife how much money he makes, despite their decade-long relationship, she refuses to grow their family without financial transparency: ‘He says that it’s not important’

After a few years of sharing your life with another person, it’s hard to imagine how one can keep vital information from the other. Coming home to someone every single day should be the open invitation to sharing everything, from what you had for lunch to your deepest, darkest thoughts. As it turns out, many …
Seguir leyendo Husband refuses to disclose to wife how much money he makes, despite their decade-long relationship, she refuses to grow their family without financial transparency: ‘He says that it’s not important’

Administrative job paying $17 an hour requires applicants to have a minimum 700 credit score to be hired: ‘What does my credit score have to do with checking emails and updating spreadsheets?’

That’s a pretty high standard for a job paying that little. We’re judged by numbers our whole life. We’re judged by how old we are, how much money we make, the number on the scale, and the number of zeros at the end of our bank account. But one number can determine whether we can …
Seguir leyendo Administrative job paying $17 an hour requires applicants to have a minimum 700 credit score to be hired: ‘What does my credit score have to do with checking emails and updating spreadsheets?’

32-year-old husband forced to act as unofficial executor for recently passed father-in-law even though his wife is left nothing, mother-in-law demands 27-year-old brother-in-law gets it all: ‘[He’s] not the brightest…’

With marriage comes big financial discussions and drama. This married couple are at a halt on what to do with the inheritance that her father left her brother and mother. That’s right, he left nothing for her. And yet, it is her husband who is figuring everything out for her family. Her mother now wants …
Seguir leyendo 32-year-old husband forced to act as unofficial executor for recently passed father-in-law even though his wife is left nothing, mother-in-law demands 27-year-old brother-in-law gets it all: ‘[He’s] not the brightest…’

61-year-old dad secretly pays off kid’s student loans, who finds out their dad did it by selling his beloved Harley: ‘He used every penny to clear my debt’

As much as most parents want to help their children and even ensure they never have to worry about money, we all know that parents cannot shield their kids from the hardship of adult life. At some point, every child has to face the real world on their own, and all parents can do is …
Seguir leyendo 61-year-old dad secretly pays off kid’s student loans, who finds out their dad did it by selling his beloved Harley: ‘He used every penny to clear my debt’

‘I’m not a bank’: Man-child quits his job on a whim, expecting his 24-year-old girlfriend to financially support him until he «figures it out,» she refuses so he gets Mommy involved in the guilt-trip

Moving in with someone you’re dating is a huge step in a relationship, and in many cases, it makes or breaks your love connection. This girlfriend, a 24-year-old working girl, had agreed to move in with her BF after a year, claiming they’d split the bills 50/50 and be cotenants in an effort to save …
Seguir leyendo ‘I’m not a bank’: Man-child quits his job on a whim, expecting his 24-year-old girlfriend to financially support him until he «figures it out,» she refuses so he gets Mommy involved in the guilt-trip

Woman fed up with being the household’s sole financial manager and ATM for her husband and mother-in-law, finally quits handling the money: ‘I pay all the bills, buy all the food, I’m the one who gives her money when she overspends, I was done’

There’s managing household finances for your family, and then there’s playing unpaid chief financial officer for a game show where no good deed goes unpunished and every relative feels entitled to your last dime. Welcome to life on Team «Money Martyr,» where your in-laws guilt-trip you for keeping the lights on, and your spouse treats …
Seguir leyendo Woman fed up with being the household’s sole financial manager and ATM for her husband and mother-in-law, finally quits handling the money: ‘I pay all the bills, buy all the food, I’m the one who gives her money when she overspends, I was done’

Retired mom takes out $30,000 personal loan in her son’s name to buy a boat, threatens to call CPS on him if he reports it to the police: ‘They’ve missed 4 payments and [are] going to let it default since the boat can’t be repossessed’

Everybody has a different relationship with their parents, and those differences extend to finances. There is no shortage of 26-year-olds whose parents secretly pay their rent, but that doesn’t cancel out the 18-year-olds who pay the mortgage on their parents’ house. Some kids support their parents, and some parents help their grown kids. Most of …
Seguir leyendo Retired mom takes out $30,000 personal loan in her son’s name to buy a boat, threatens to call CPS on him if he reports it to the police: ‘They’ve missed 4 payments and [are] going to let it default since the boat can’t be repossessed’

Parents demand access to daughter’s savings account after she reveals her financial state, daughter refuses, entire family gets involved: ‘I’m not a walking bank account’

I’ve said it before and I will say it again – I am very grateful for how my parents raised me to be financially responsible. They taught me how to budget my income, prioritize my expenses, and still feel like I have control over what I can or cannot buy. I was always able to …
Seguir leyendo Parents demand access to daughter’s savings account after she reveals her financial state, daughter refuses, entire family gets involved: ‘I’m not a walking bank account’