Stepmom refuses to pay for her 10-year-old stepson’s private school, dad and mom get angry despite saving $0 towards his education: ‘He has 2 parents and I can’t understand why it’s all up to me to save’

Nobody is entitled to attend a fancy private school, which will undoubtedly have a positive impact on their life prospects. Life is truly not fair, and if we actually lived in a meritocracy, the smartest kids would attend the best high schools instead of merely settling for the best colleges. Whether a kid attends a …
Seguir leyendo Stepmom refuses to pay for her 10-year-old stepson’s private school, dad and mom get angry despite saving $0 towards his education: ‘He has 2 parents and I can’t understand why it’s all up to me to save’

Couple making $400K a year pays $6K in rent and spends more money than they make every month: ‘My wife makes $220K and refuses to keep a budget’

Having a six-figure income doesn’t mean you’re rich. Many high earners should be wealthy, but are actually poorer than those who earn less money. They think that because they have a seemingly endless stream of cash flowing into their bank account, they don’t need to budget and ensure they’re saving as much as possible. They …
Seguir leyendo Couple making $400K a year pays $6K in rent and spends more money than they make every month: ‘My wife makes $220K and refuses to keep a budget’

Penny pinchers discuss the normal age to hit $100K in savings: ‘It seems like everyone is doing it by 21’

At what age did you save your first $100K? For some of you, that question makes you laugh out loud. You barely have $ 1,000 in savings, let alone 100 times $1,000. Saving a ton of money is not always someone’s top priority, especially if they’re paying off debt or live in a high-cost-of-living area. …
Seguir leyendo Penny pinchers discuss the normal age to hit $100K in savings: ‘It seems like everyone is doing it by 21’

29-year-old squanders $75K inheritance from her grandma, asks her sister who invested her inheritance to pay $8K to fix her broken-down car: ‘She said I am selfish because I clearly have the money.’

I will never understand someone who thinks they are entitled to your money just because you have it and they asked for it. It doesn’t even occur to them that maybe you worked hard for that money, saved it for years, or went without things that you wanted in order to keep it safe from …
Seguir leyendo 29-year-old squanders $75K inheritance from her grandma, asks her sister who invested her inheritance to pay $8K to fix her broken-down car: ‘She said I am selfish because I clearly have the money.’

29-year-old refuses to let her fiancé lend his sister $10K from their wedding fund for her wedding fund: ‘You guys are already paying for your own wedding, what’s the difference?’

It is extremely frustrating when you spend years saving up for something, pinching pennies, and biding your time, just for someone else to be given the money flat out. You could be saving for a house, hoping to be able to afford something in the $ 300-$400K range, and your best friend from high school, …
Seguir leyendo 29-year-old refuses to let her fiancé lend his sister $10K from their wedding fund for her wedding fund: ‘You guys are already paying for your own wedding, what’s the difference?’

‘I paid for $1.00 worth of Ramen with a check at a grocery store. The check bounced.’: Former broke people share the brokest things they did while living in poverty

We all have different definitions of «broke.» I would argue that someone who makes $150,000 a year but has $150,000 in debt is pretty dang broke. I can also admit that someone with that amount of money coming in is probably not living a stereotypically «broke» existence as someone without any debt who’s making $35,000 …
Seguir leyendo ‘I paid for $1.00 worth of Ramen with a check at a grocery store. The check bounced.’: Former broke people share the brokest things they did while living in poverty

Man receives £1800 from mom, refuses to bend to girlfriend’s demand that he save it for a house payment: ‘I said no and stated again what it was for’

Those in committed relationships always have to have many conversations about money, whether they like it or not. Managing your finances is a crucial part of adulthood, and when you share your life with somebody it follows that this is something that you will share on some level as well. No matter if one person …
Seguir leyendo Man receives £1800 from mom, refuses to bend to girlfriend’s demand that he save it for a house payment: ‘I said no and stated again what it was for’

25+ Saving Money Memes for Balling on a Budget

Everything is expensive these days. Heck, eggs are out of the question. Everyone is trying their best to get by, and that often involves curbing your spending. It can be difficult to do that, though, in a world where a treat can take a bad day and make it a good day. Have you ever …
Seguir leyendo 25+ Saving Money Memes for Balling on a Budget

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’