Category: money

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People Talk About the Worst Financial Advice Someone Ever Gave Them

It’s a darn shame when people make bad decisions with their money and they blow it all or take a hit so big that it changes their lives in a major way.

But it seems like it happens all the time, doesn’t it?

Check out these stories about bad financial advice that none of us should follow.

Folks on AskReddit talked about the worst financial advice they’ve ever received.

Let’s take a look.

1. Oh, Dad…

“My father would tell me to max my credit card on a new car and if they asked for payments just say “F**k em, what are they going to do?”

My father is several levels of debt hell deep that he’s trying to get out of now, but he’s at least trying.”

2. That’s a bummer.

“1976 San Franciso.

Keep renting, no one will ever pay $35,000 for a 2 bedroom house and garage with a sweeping view of the East Bay.

I went back to vist the old neighborhood a few years ago, those $35,000 stucco homes up many flights of steps perched on the top of Potrero Hill were now all gentrified, remodeled, gated, and asking $1M+ and that was 5 years ago.”

3. About that iPad…

“About 5 years ago, I had a friend who was trying to convince me to study through a private college because they “gave her a free ipad”.

She never finished the course, but kept the iPad (you only got to keep it once you pay your fees and graduate. Mind you, the price of the course included the iPad so it wasn’t free).

So last year, four years later, I get a call from the college asking for her contact info. She put me down as a reference and they were chasing her down because she still owed her fees and wasn’t entitled to keep the iPad.”

4. Not too bright.

“My cousin bought a camper, went camping once, and then decided camping wasn’t for them.

Rather than selling it they decided to just stop making the payments and “let the bank come and get it.”

Which, eventually, they did.”

5. Hmmmm…

“Don’t take a raise if it puts you into the next tax bracket.

And pay the minimum on your credit card to establish good credit.”

6. Ouch.

“”Don’t major in computer science. Computer scientists are a dime a dozen.”

I did not take that advice.”

7. Just run away!

“Guy I haven’t seen in three years or so wanted to talk me into starting a business with him, because he just got into college for a bachelors degree in business.

Yeah sure, let me get my cheque book out in this badly illuminated garage while we’re both dr**k. Guy also got into MLM and weird self-optimisation preachers.”

8. Okay!

“Get a bigger mortgage, you can deduct more from your taxes!

Yeah dumba**, and I’ll be spending double that amount in interest so why should I?”

9. Ignore it.

“Just ignore the collection call and eventually they will leave you alone….

I didn’t follow this advice.

I had a parking ticket I didn’t know about that ended up on my credit and the guy I mentioned it to gave me that bit of wisdom.”

10. Not a great time to do that.

“First year outta college, working for a financial advisor, and he tried to convince me to put 5% down and buy an apartment in Chicago.

It was the summer of 2007.”

11. Did the right thing.

“”Don’t go to community college, you’ll never get a job. Instead apply at X and X colleges.”

My grandmother, aunt, uncle, and cousin all told me this, and I really considered their advice because my parents really didn’t give a s**t what I did.

Since I didn’t get any scholarships from high school, I decided at least if I went to CC and didn’t get a job I wouldn’t have student debt and I could just do something else.

I went to CC for two years totally free on FAFSA grants (it was 800$ a semester LOL) and did so well I transferred to a university with a (almost) full ride.

I am now a semester away from graduation with a job lined up and all of 4k of student debt which is likely to be forgiven anyway.”

12. Come on!

“Incite me to go to a real expensive restaurant where you can spend easily $250 without drinks at a time I only had $700 in bank account and had not paid for my car, groceries and stuff .

Because “Come on we only live once”.”

13. Time to take a trip.

“My ex (in his mid twenties and lived at home with no expenses) went out of the country for two weeks with a budget of $2700.

He was real proud of his breakdown: $1000 credit available on credit card A, $1000 credit available on credit card B, $300 in available overdraft, $100 in chequing, $300 in savings.

I tried to explain that this is not a great way to budget for a trip, and his response was “credit cards are meant to be used. As long as you pay the minimum payment, you’re good. What do you know about credit cards? You never use it? Start using yours more before you talk to me about money”.”

How about you?

Have you received any bad financial advice?

If so, please tell us about it in the comments. Thanks!

The post People Talk About the Worst Financial Advice Someone Ever Gave Them appeared first on UberFacts.

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People Talk About Bad Financial Advice They’re Received

I guess bad financial advice can come from anyone, sometimes even from folks who really believe that they have it all figured out when it comes to finances.

But you always need to be wary and you need to do your homework when you get money advice from anyone, no matter who they are.

Folks on AskReddit shared stories about really bad financial advice they received.

Let’s see what they had to say.

1. Car talk.

“My aunt took me to a car dealership when I was looking to buy my own first car. I was looking at the clunkers I could afford, but she said I should be looking at the new cars.

She said, “the total price doesn’t matter because you make monthly payments.” I suddenly understood too well why she had always been so financially unstable.”

2. Not gonna happen!

“A relative tried to recruit me into Amway.

He wound up stuck with a garage full of their products.”

3. Nope!

“Yeah even if they’ve recently robbed you, you should still lend them the 500$ dollars they need to move to another city, they’re your family after all.

-Dad.

I don’t even know how mom married your dumb a**.”

4. You sure about that?

“My FIL when I mention our retirement plan “I never contribute to my retirement account. Money now is always better than money later”.

I needed to have a conversation with my husband how we would NOT be supporting his mom and dad and their insane spending when they have no retirement plan and make huge financial mistakes on a weekly basis (good news is they both make good money).”

5. Son, let’s have a talk.

“I got 90 dollars and my 11 year old son told me I should buy 90 dollars worth of kazoos.

No real plan past that…”

6. Rent to own.

“”Just get it at Rent-A-Center.”

I had a coworker that got pretty much everything there.

“It’s only $20/week, and they’ll replace it if it breaks.”

$20/week for how long? Oh cool, so you’re paying more than double for it? Got it.”

7. Burning a hole in your pocket.

““Spend it quickly or it’ll get stolen.”

Coming from someone with a history of losing and blowing their money.”

8. Not a joke.

“That an emergency fund wasn’t necessary when you can always get a payday loan or use your credit card.

He wasn’t joking.”

9. Really bad advice.

“One of my uncles once told me that I never really had to pay my phone bill.

He suggested that I simply jump to another carrier and let the first company cut you off.

His life has turned out exactly as you’d imagine.”

10. Oh, boy…

“”Once you cut up the credit card, you don’t have to pay it.”

My cousin is not doing so hot.

I’m pretty sure there are warrants out for his arrest in several states.”

11. I’m just vibing over here.

“”Just get another credit card”.

From my friend who hasn’t worked in 3 years and is currently just vibing with his new credit cards he somehow got approved for.”

12. Don’t listen to them.

“So when I was 24, I was financially struggling. I had a job that worked me a LOT of hours, but only paid me $10 an hour.

My parents talked me into buying a BRAND NEW 2004 4-Door Honda Civic, the pre-interest price tag on it was about $25,000. A few weeks after getting it, my hours got regulated and it took one entire paycheck to make the monthly note on it – I could NOT afford the insurance on it.

I very quickly realized my parents were bad at money.”

Now it’s your turn!

In the comments, please tell us about the worst financial advice you’ve ever received.

We look forward to hearing from you!

The post People Talk About Bad Financial Advice They’re Received appeared first on UberFacts.

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What’s the Worst Financial Advice You’ve Received? Here’s What People Said.

The older you get, the more you realize how important it is to be smart with your finances…because a few costly mistakes and you could be in big trouble.

So let’s all try to avoid the advice that you’re about to hear from people…

What’s the worst financial advice you’ve ever received?

AskReddit users shared their stories.

1. Thanks, Dad.

“My dad in 2008 – “Don’t invest that $1,000 into Apple.”

My dad in 2012 – “Tesla is a pipe dream. Stock won’t be worth the paper is printed on.”

2. Hmmm…

“Don’t pay off your entire credit card balance when the bill comes.

Pay it slowly so that it shows your ability to pay debt over time.

This will help your credit score.”

3. Don’t take that advice.

“”Lease a car, don’t buy used”

leased car price -> $25,000

My used car I drove for multiple years without maintenance (aside from tires/oil) -> $3,000.”

4. Time to leave.

“My husband and I were looking to sell our home and buy another and the realtor told us to put 99 dependents on our taxes so we make more. She said she had done it for years and it was fine.

We left pretty quickly after that.”

5. Doesn’t work for everyone.

“Take out a student loan.

You’ll be able to pay it back easy when you have a degree.”

6. Go your own way.

““Don’t be a programmer. Your job will get outsourced to India.” – my dad when I told him excitedly as a teenager that I tried coding and loved it.

I ignored his advice and I’m now a programmer and still love it. Oh, and the pay is great too. I am now making a lot more than he ever did.”

7. Just do it!

“To buy a house when they were giving them out like candy several years ago. I had bad credit and an unstable job, I said no way.

So many people were pressuring me. All those people lost their houses. Those balloon payments are no joke.”

8. Don’t understand…

“Recent terrible advice: I got hit while driving on a highway and have a crinkled in rear side fender and cracked tail light. I can still drive it, but who knows what damage is underneath.

My car is only 5 yrs old with maybe 60k miles, so it’s still a great car. Yet, my early 20s friend said I shouldn’t get insurance to fix it and instead just “pocket the deductible to save up for a down payment on another car”. Or maybe file the claim and pocket the money.

My deductible is $300, and I wasn’t at fault, so the other person’s insurance is likely going to pay my deductible. I just straight up cannot understand where he is coming from. Why wouldn’t I get the car fixed so I have a fully functional, reliable car? It’s, at most, $300. I just don’t understand.”

9. A big mess.

““If you can’t afford to pay back your student loans just ignore it. Can’t bleed a turnip…” – My father.

He followed it with something along the lines of “what’s the worse they can do to you?”

The answer… ALOT. They can do a lot to you.”

10. Can’t do that.

“My parents and grandparents keep pressuring me to quit my job because I’m pregnant. They think my husband’s job will sustain us and we’ll just have to penny-pinch a little more.

I don’t know if they realize that we all live in America. It will absolutely take both of our incomes to raise our child, especially since I’ll be taking 12 weeks of unpaid maternity leave in about a month.”

11. Never heard that before.

““Saving money attracts bad luck” “Do not save or else you’ll end up using it for an emergency”

It’s a Filipino superstition that “saving” attracts an emergency. Do not save so that you don’t experience an emergency.

Being frugal is frowned upon. What happens if an emergency happens and they have no savings?

They “borrow” money from frugal people and if you say no to them because you know they spent their money on useless things they will say “you can not bring all your wealth to your grave”.

I choose the people who I lend/give money.

“Buy things to see the fruit of your labor”

When buying new expensive items, sometimes things they don’t really need. I have no problem on this if only they use this words once in a while but do it every paycheck is too much.

Then they will proceed to tell me buy stuff like them and not be frugal because you know, you can’t bring all those money to the grave so might as well use it immediately.”

12. Sure about that?

“Several years ago, my company went under new management. They were going to have to pay us all of our remaining, unused PTO. I figured, great, I have a ton of PTO left, like $5000 worth. (I had A LOT of unused hours)

One of my colleagues said “YOU’RE going to be hit with taxes.” And she said it like “oh, you better be prepared. Don’t get excited, they’re going to tax the s**t out of you anyway so don’t expect much!”

I get hit with taxes every paycheck, lady. And when I did the math, they didn’t take out a higher percentage of that PTO than I normally have taken out of my paycheck, so when I did the math beforehand, I managed my expectations well

Then, I was a manager of a call center. The call center agents made 12.00 an hour, but once I came in, I raised it to 15.50 an hour. One of them complained to me that this means her taxes are being raised and she’s earning less. She didn’t see the higher number on the bottom of her check for some reason.”

Have you ever received any bad financial advice?

If so, please tell us about it in the comments.

We’d love to hear from you!

The post What’s the Worst Financial Advice You’ve Received? Here’s What People Said. appeared first on UberFacts.

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“Tell Me You Grew Up Poor Without Telling Me You Grew Up Poor.” Here Are the Responses.

America is one of the wealthiest nations on the planet and indeed one of the richest countries in history.

And for a lot of people who’ve lived comfortable lives here, it’s easy to overlook the fact that that wealth is far from even. So many people grow up in a kind of poverty you might not even think feasible in a place like this. But it’s an ultra-common experience.

That’s a conversation that got kicked off by a thread started by actor Trevor Donovan who said:

So, how did the (mostly American) Twitter audience respond? Let’s look at some examples.

10. Kleenex as a luxury

Oh man, especially if you’re actually getting the name brand stuff.

9. The letter present

I mean, that’s going to mean far more to you as you grow older than some quickly forgotten toy would.

8. Out of the tube

For real though, get you one of those little plastic rollers. Does wonders.

7. Fee knowledge

Nobody’s more cost-aware than those who have nothing.

6. Old style food stamps

Wait, whose pictures are on those?

5. When summer came

That’s pretty ingenious, actually.

4. On the cheap

I kinda do too.

3. No such thing as Christmas

Santa has very mixed feelings about this.

2. Bigger than a bread bag

The poor man’s water lining.

1. The bunks

They look like some sweet, happy kids.

We may be rich as a whole, but never forget your neighbors in need.

What’s your ultimate poor experience?

Tell us in the comments.

The post “Tell Me You Grew Up Poor Without Telling Me You Grew Up Poor.” Here Are the Responses. appeared first on UberFacts.

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People Talk About Their Ultimate “Broke Food” Experiences

You don’t need me to tell you that it’s not easy growing up poor. Especially if you grew up poor.

My family’s never been wealthy but we did alright. The times when everything was the tightest, I was too young to remember now.

Nevertheless, I’ve had plenty of “broke food” experiences, which is a topic that came up a lot after prolific TV actor Trevor Donovan started this thread:

So, what were we all chowing down on when there was nothing to go around? Twitter tells all.

10. The sugar sandwich

Need the recipe? Bread + sugar. Bon apple teeth.

9. Banquet frozen dinners

Check out that price stamp. Half a buck. Dang.

8. King Vitaman

I don’t know what kind of land you’re ruling, sire, but it definitely isn’t Flavor Town.

7. The flexibility of bread

“I didn’t know I was poor.”

6. Beans and rice

Well that’s…horrifying.

5. Pork and beans sandwiches

Dude, broke or not, that’s a delicious fart treat right there.

4. The cheese preserver

I feel like there are better containers for this but ok.

3. S.O.S.

Who doesn’t love Kool Aid though?

2. A krafty choice

Even adult me who isn’t destitute is lookin’ at that like a fine meal.

1. Government cheese

Everything is better grilled.

Bon apetite!

What’s your go-to broke food?

Tell us in the comments.

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If You Grew up Poor, What Were the Unwritten Social Expectations? Here’s What People Said.

Growing up in poverty has to be very tough on children.

In addition to going without material things, there are also certain expectations that they had to deal with because of their lack of money.

If you grew up poor, what unwritten social expectations did you have to deal with?

People shared their thoughts on AskReddit.

1. Ugh.

“I once told some friends we had mushrooms growing in our house. I thought it was cool. My mom was angry and told me to never tell anyone again. I realized as I got older why she was angry.

The floor of our house was rotting…thus the mushrooms. But she couldn’t afford to get it fixed. She was worried CPS would take me away for unsafe living conditions.”

2. Private.

“Do not answer the door. Do not answer the phone.

When the man is looking through the window, make sure you can’t be seen.

Do not tell anyone who knocks on the door where the parents work.”

3. Not enough to eat.

“Not eating lunch because it you either “just ate breakfast” or “dinner’s only a few hours away you’ll be fine”.”

4. No extra money.

“We weren’t allowed to do any kind of extra curricular activities.

So, no instruments, no joining any kind of sports or girl scouts or anything that required an upfront investment for uniforms or the season. Walmart shoes.

My dad once said I wasn’t really in need of glasses, that I just wanted to look like all my four eyed friends? lol (spoiler alert, totally needed them)

Off brand everything.”

5. We’re not trash.

“Keep your hair brushed, your clothes clean, and be articulate and polite in all circumstances. We were not going to be “trash” just because we were poor.

Also, no wearing ripped jeans, even if it’s the style. We’re not spending money on new pants that look like old worn out pants.”

6. Hot and sticky.

“A/C was only for company.

I lived in South Florida and didn’t know I could use the air conditioner without having someone over until I moved out of my parents’ home.”

7. Go cheap.

“If someone buys you food at a restaurant order as cheaply as possible even if they tell you order whatever you want.

Used to get glares from my parents if I ordered something 10 bucks or over at a place where average prices was 10 bucks.

If you can get a burger and fries for 8 you better be eating a burger.”

8. Better not get caught.

“Don’t do anything bad or illegal.

But if you do, don’t get caught.

Bail is expensive. Lawyers and court fees are expensive.”

9. Say nothing.

“Never tell your friends that you couldn’t afford food or give them any clue about what it’s like at home.

My mother used to ask me if I told anyone how we live and that’s when I questioned our situation.”

10. The rules.

“Never see a doctor or go to the emergency room unless you are actually d**ng.

And, if you touch the thermostat you will be d**ng.”

11. Don’t waste anything.

“Nothing wasted!

Mom had a dish called mixed-up stew which was basically a little mince beef, mashed potatoes and any leftovers from the fridge.

Good menu planning – she never called it that but one meal led to the next with last’s night leftovers included. Failing that, she always had a soup on the go using bones from chicken, dried barley and, yet again, leftovers.

Thing is they were all delicious, but that could be me just remembering her fondly.”

12. Not worth the bother.

“You never brought the field trip permission slips home because you knew better than to make your mom feel guilty she couldn’t pay the $5-20 fee to let you go.”

What are some more unwritten expectations of growing up poor?

Talk to us in the comments and let us know what you think.

We look forward to hearing from you!

The post If You Grew up Poor, What Were the Unwritten Social Expectations? Here’s What People Said. appeared first on UberFacts.

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This Woman Asked If She’s Wrong for Calling Out Her Friend for Not Buying Her House

It’s strange to me what people choose to get competitive about in life…

Especially with people who are supposed to be their friends…

But you see it all the time! And here’s another glaring example from the “Am I The A**hole?” page from Reddit.

Take a look at this story and tell us if it sounds familiar at all…

AITA for telling my friend her parents bought her house, not her?

“The title sounds bad but hear me out.

Backstory: I (F28) have a friend (F28) who purchased a house late last year. It’s an awesome 2 story town house and I’ve been over there plenty of times to help out with moving/decorating and for hanging out.

As mentioned in the title, her parents purchased the house for her and her partner. I truly have no issue with this as the housing market is terrible for buyers so more power to them for being home owners. I recently, unfortunately inherited my parents house, which is 3 bedroom, out in the sticks.

The issue: We went appliance shopping because most of the the stuff in the house was 10-15 years old. We were standing with an employee who I had asked to recommend some smaller items like toasters and kettles when the employee asked if I was moving out as general chit chat. I told him I was moving, and he asked whether I bought or rented.

I told him bought, because it was just easier and less awkward than telling him I inherited the house. He told me that was cool and began talking about the toasters again when my friend cut in that I had inherited my house, not purchased it. The employee went quiet and I gave her a “what was that” face. I was taken aback, she continued on saying “Yeah, I purchased my house”.

I asked “does it really matter? I’m here to buy some kitchen appliances not tell this guy my personal issues.” She grinned and said “it’s just for the record” which made me more confused and annoyed. (You can probably see where this is going) I replied “Oh okay then if it’s just for the record your parents purchased your house for you.”

The employee quickly retreated and she walked outside of the shop. I caught up with her and she said I was a massive a**hole for pointing out she couldn’t afford to own without her parents help. I returned with a very similar “my parents also helped me with getting a house too, just in a really terrible way.”

My partner agrees with me, saying that she’s the one that opened that door, but our other friends are split almost 50/50.”

Reddit users shared their thoughts about this story.

This reader said that the woman who wrote the post is not an a**hole and that her friend sounds very catty.

Photo Credit: Reddit

Another person said that the woman should have defended herself.

I agree!

Photo Credit: Reddit

This individual argued that this woman might want to reevaluate her friendship with this person…

Photo Credit: Reddit

And this Reddit user shared their own personal story about how some “friends” can get pretty jealous and competitive when it comes to houses AND house sizes.

Photo Credit: Reddit

Do you think this woman acted like a jerk?

Or was this no big deal?

Sound off in the comments and let your voice be heard!

The post This Woman Asked If She’s Wrong for Calling Out Her Friend for Not Buying Her House appeared first on UberFacts.

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What Would You First Do if You Became a Billionaire? Here’s What People Said.

If you said you’ve never daydreamed about what you’d do with a billion dollars, I’d say that you might be lying.

We’ve all done it!

I think I’d throw my phone in the trash and go to some tropical island for about a month just to chill and take as many naps as possible…and then I’d start scheming and figuring out who would get how much money…

I just really hope it wouldn’t turn me into an evil person…

What would you do first if you became a billionaire?

Here’s what AskReddit users had to say.

1. Just chillin’.

“Nothing.

With that kind of money I could afford not to do anything for a while.”

2. I like this.

“Revive my favorite TV shows.

I don’t care if anyone is already d**d.

We have CGI for that.”

3. You do you.

“I’d employ a law firm that semi-exclusively litigated my petty squabbles with the world.

False advertising.

Cop car paint colors.

Whatever else that bothers me.”

4. Sounds like paradise.

“Buy my own private island and have a house built that is designed to give me the best possible sleep I could ever have.”

5. Amazing.

“Build a large homeless shelter with therapists to show them how to get back on their feet.

I was homeless for 6 years.

You are mentally different after that.”

6.

“First thing… hire a lawyer.

Second thing, hire security.

Third thing, pay off every living expense my family and friends will have for thier entire life.”

7. A simple plan.

“This will sound cliche…

Take care of friends and family.

Invest the majority.

Travel for remainder of my life.”

8. A lot of cash.

“A billion dollars is more money than I could spend in a lifetime.

I’d work with a financial advisor and an attorney to figure out how much I need to comfortably live the rest of my life as well as how I should go about securing stocks/bonds/other money generating assets.

Then I would take that amount, match it for both my siblings and my parents, and then figure out which modern day efforts/charities would most benefit from the money.”

9. Nice and easy.

“I’d pay off the house and bills.

Then just kick it and enjoy my time with my wife and kids.”

10. Gotta do it!

“Give half to my parents, make ’em comfy forever.

Least I can do to repay their kindness.”

11. Here’s the deal.

“Buy new t-shirts and underwear.

Purchase land, build sanctuary with tiny homes, apply to become a haven for refugees of war.

Pay off my house and buy my daughter a horse.

Buy Bitcoin on a dip, sell it high then drive around everyday giving people big wads of cash randomly.”

12. Do some good work.

“Pay off student loans for people.

Finance infrastructure projects.

Finance educational facilities.

Provide health care for people.

And invest properly to keep more billions coming.

13. Got it all figured out.

“I would become a secret benefactor like the Spider in Charles Dickens’ “Great Expectations.”

I would secretly find amazing people in the world and start sending them money and gifts that would help them to expand and grow their amazingness.

I would start secretly paying off student lunch debt.

I would secretly payoff layaway items at stores around the US in December.

I would secretly hire a construction company to just show up in Flint, Michigan and start fixing all the plumbing.

I would secretly fund library trucks that come into lower socioeconomic neighborhoods to provide every child and adult with 20+ age appropriate books for their home in order to create a grass roots neighborhood learning program that would encourage the sharing of books with others throughout the community. Nobody would know why but the book mobiles would just start showing up once a week in public places.

I would secretly offer public schools funding for music, art, philosophy, personal finance and REAL American and world history courses that would actually prepare our amazing children with the skills and knowledge they need to be amazing humans.

I would secretly buy plots of land in industrial parts of cities like Portland, Seattle, Los Angeles with high homeless populations and start adding small, recycled homes to give every homeless person who needs a roof and clean water services like public showers and sinks.

I would then secretly sponsor a free healthcare truck for every location to ensure all the homeless residents receive medical, dental and mental healthcare including drug and al**hol counseling, needle exchange to assist them in regaining control of their precious lives while receiving the help and care they need. All just to prove how successful they can be.

All of this in secret to give everyone in the world some hope that there is some secret person out there looking out for people who do good for the world and those in society who are currently unable to care for themselves. You know, hope, which many of us have lost.

My hope is this secret, pay-it-forward support would encourage other millionaires and billionaires to feel peer pressure to engage far more of their wealth on specific funded programs in the world that actually physically help and reward deserving folks. ?

Peace.”

How about you?

What would you do first if you became a billionaire?

Talk to us in the comments and let us know!

The post What Would You First Do if You Became a Billionaire? Here’s What People Said. appeared first on UberFacts.

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Is This Guy Wrong For Not Helping His Daughter Pay for College? People Responded.

The age-old battle of who is going to pay for college is still going strong, folks!

And here’s yet another example…

A dad asked folks on Reddit if he is acting like an a**hole in regard to his daughter and her college plans.

Let’s take a look.

AITA For Refusing To Help My Daughter Pay For College?

“I (48m) have three children with my ex. My son “Joe” (24m) and two daughters “Jane” (21f) and “Amy” (19f).

After the children were born my great-grandmother started a small Education fund for each of them that I have now since controlled since her passing.

There weren’t any specific criteria for this fund within the context of the law or Bank policy because of the type of fund my great-grandmother started. I’ve added my own money to fund and my parents have occasionally put in some cash but it was never expected. My ex never put a dime into it but always wanted to have equal control of it and every time I refused she would get upset.

Over the years she’s tried to say that she needed money from the fund for expenses for the kids, citing that the child support I was paying wasn’t enough. I still refused and said that to just send me the bill and I’ll pay for it directly. She didn’t want that and would shut up after I asked how she could be so desperate for money for our kids but refuse to give any details.

Fast forward to when Joe was going to college and I told my son to just give me enough information so that I can pay the school every semester and he’d be good.

My ex tried to convince him to get me to give him all the money so that way he could have his privacy. My son did consider it but decided that he’d rather I just do this for him because he was worried of blowing through the money. I was proud of him.

Jane, however, gave into her mom’s way of thinking and insisted that I just give her the entire fund during her 2nd year. I tried to convince her that this way was best and pointed at how well this worked out for her brother.

Jane just called me controlling and said that I didn’t respect her enough to let her make her own choices. Eventually I relented but made it clear that this was all the money that there was for her for college. That once it’s gone, it’s gone and she was on her own if she needed more.

Everything seemed fine up until about a few weeks ago and Jane called crying saying that she wasn’t going to finish because she ran out of money. I asked her what happened and surprise, surprise Jane gave money to my ex. I let her vent and then told her that everything was going to be okay.

That while she may not graduate by a certain time she can still finish school, she’ll just need to apply for grants, scholarships, loans and maybe even take a year off to just work. How I would tell the school how she was on her own so she could get more money

Both Jane and my ex are upset with me, because they expect me to pay for her schooling and that I was being horrible for wanting her to struggle with loans. To me this isn’t about being petty but rather giving Jane a hard lesson.

She wanted to be treated like an adult, well finding your own way is what adults do. Joe agrees with me but, now Amy is being pressured to access her fund to help her sister. Technically, I could help but I’d rather Jane work for it herself.

AITA?”

And here’s how people on Reddit responded to this story.

One reader said that the dad is not in the wrong here and his daughter will learn a lesson from this situation.

Photo Credit: Reddit

Another Reddit user argued that the girl’s mom was really out of line here and they consider what she did to be “financial abuse.”

Photo Credit: Reddit

This individual thinks that the mom is also out of line and they called the dad in this story a “poor guy.”

Photo Credit: Reddit

This Reddit user said that the mom here is a total gold digger and is also manipulative.

I think you’re right on the money!

Photo Credit: Reddit

And lastly, this person disagreed with the other readers and said that the dad should not be “bribing” his daughter. Something to think about…

Photo Credit: Reddit

What are your thoughts on this situation?

Talk to us in the comments and let us know what you think.

We’d love to hear from you!

The post Is This Guy Wrong For Not Helping His Daughter Pay for College? People Responded. appeared first on UberFacts.

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Is This Guy Wrong For Not Helping His Daughter Pay for College? People Responded.

The age-old battle of who is going to pay for college is still going strong, folks!

And here’s yet another example…

A dad asked folks on Reddit if he is acting like an a**hole in regard to his daughter and her college plans.

Let’s take a look.

AITA For Refusing To Help My Daughter Pay For College?

“I (48m) have three children with my ex. My son “Joe” (24m) and two daughters “Jane” (21f) and “Amy” (19f).

After the children were born my great-grandmother started a small Education fund for each of them that I have now since controlled since her passing.

There weren’t any specific criteria for this fund within the context of the law or Bank policy because of the type of fund my great-grandmother started. I’ve added my own money to fund and my parents have occasionally put in some cash but it was never expected. My ex never put a dime into it but always wanted to have equal control of it and every time I refused she would get upset.

Over the years she’s tried to say that she needed money from the fund for expenses for the kids, citing that the child support I was paying wasn’t enough. I still refused and said that to just send me the bill and I’ll pay for it directly. She didn’t want that and would shut up after I asked how she could be so desperate for money for our kids but refuse to give any details.

Fast forward to when Joe was going to college and I told my son to just give me enough information so that I can pay the school every semester and he’d be good.

My ex tried to convince him to get me to give him all the money so that way he could have his privacy. My son did consider it but decided that he’d rather I just do this for him because he was worried of blowing through the money. I was proud of him.

Jane, however, gave into her mom’s way of thinking and insisted that I just give her the entire fund during her 2nd year. I tried to convince her that this way was best and pointed at how well this worked out for her brother.

Jane just called me controlling and said that I didn’t respect her enough to let her make her own choices. Eventually I relented but made it clear that this was all the money that there was for her for college. That once it’s gone, it’s gone and she was on her own if she needed more.

Everything seemed fine up until about a few weeks ago and Jane called crying saying that she wasn’t going to finish because she ran out of money. I asked her what happened and surprise, surprise Jane gave money to my ex. I let her vent and then told her that everything was going to be okay.

That while she may not graduate by a certain time she can still finish school, she’ll just need to apply for grants, scholarships, loans and maybe even take a year off to just work. How I would tell the school how she was on her own so she could get more money

Both Jane and my ex are upset with me, because they expect me to pay for her schooling and that I was being horrible for wanting her to struggle with loans. To me this isn’t about being petty but rather giving Jane a hard lesson.

She wanted to be treated like an adult, well finding your own way is what adults do. Joe agrees with me but, now Amy is being pressured to access her fund to help her sister. Technically, I could help but I’d rather Jane work for it herself.

AITA?”

And here’s how people on Reddit responded to this story.

One reader said that the dad is not in the wrong here and his daughter will learn a lesson from this situation.

Photo Credit: Reddit

Another Reddit user argued that the girl’s mom was really out of line here and they consider what she did to be “financial abuse.”

Photo Credit: Reddit

This individual thinks that the mom is also out of line and they called the dad in this story a “poor guy.”

Photo Credit: Reddit

This Reddit user said that the mom here is a total gold digger and is also manipulative.

I think you’re right on the money!

Photo Credit: Reddit

And lastly, this person disagreed with the other readers and said that the dad should not be “bribing” his daughter. Something to think about…

Photo Credit: Reddit

What are your thoughts on this situation?

Talk to us in the comments and let us know what you think.

We’d love to hear from you!

The post Is This Guy Wrong For Not Helping His Daughter Pay for College? People Responded. appeared first on UberFacts.