Money: Poof, gone!

Poof, gone!

By Me - 12/09/2011 07:36 - United States

Today, I found out that my parents used all of the college money I have been saving up for 8 years to buy a beach house. The reason they waited until now to tell me? A tree fell on it, and they need more money for repairs. FML

I agree, your life sucks 41 385

You deserved it 2 497

Christmas: Snowy Joys and Blunders
Enjoy Christmas stories where unexpected gifts and family reunions create lasting memories... and fun! More…

Previous FML Next FML

Same thing different taste

By noeducation - 27/08/2009 09:16 - Canada

Today, I found out why my parents have been trying to convince me not to go to college this year. I also found out where the $20,000 they just spent on landscaping came from. My college fund. Which is now $0. FML

I agree, your life sucks 61 386

You deserved it 3 031

By future burger flipper - 03/06/2013 19:22 - United States - Whitewater

Today, my parents blew my entire college fund in their quest to finish building their replica Hobbit house in our back yard. FML

I agree, your life sucks 64 849

You deserved it 6 321

By armenta427 - 07/10/2009 04:12 - United States

Today, I found out that my parents are 28,000 dollars in debt and that my bank account has $27.17 in it. They took my money to help pay their debt. FML

I agree, your life sucks 44 935

You deserved it 3 343

By FATS DOMINO - 20/10/2011 15:39 - United States

Today, my sister finally broke down and told me that our dad gambled away of all my college savings, and I would have to pay for school the best way I can. They have known for months, and when I asked why nobody told me, the reply was, "You're a college boy, we thought you would figure it out." FML

I agree, your life sucks 33 611

You deserved it 2 448

By skyhigh - 13/01/2011 05:48 - United States

Today, I discovered my parents have spent my college fund because "2012 will happen" before I graduate. FML

I agree, your life sucks 48 747

You deserved it 3 323

Thievery

By ExtemelyBroke - 06/06/2009 02:24 - United States

Today, I checked my bank account that I've been saving money in since I was a kid for college. I have $100 left out of the $10,000 I had last month. Apparently my parents thought buying a pool and an HDTV for themselves was more important than my college education. FML

I agree, your life sucks 131 732

You deserved it 6 457

By Username - 23/06/2011 08:17 - United States

Today, I found out that my dad has been trying to take money out of my savings account to pay for divorce fees and a hammock. FML

I agree, your life sucks 36 369

You deserved it 2 603

By poor man - 26/11/2014 14:13 - United States - Fort Lauderdale

Today, I frantically told my parents that my bank account had no money. Turns out, they took the $1,600 I had saved up from a summer job and invested it in penny-stocks. I was grounded because they were "doing it for the family," and I'm being selfish. They also had lost it all in a matter of days. FML

I agree, your life sucks 44 774

You deserved it 2 995

By Ineedjustice03 - 25/03/2011 11:55 - Singapore

Today, I had to dig into my savings to help my parents pay for their divorce. FML

I agree, your life sucks 48 723

You deserved it 4 188

Too little, too late

By ragsy - 14/08/2009 16:54 - United States

Today, I finally went to Home Depot to buy a chainsaw to cut down the tree leaning dangerously over my garage. When I got home, I found the tree had fallen and taken out the roof while I was shopping. FML

I agree, your life sucks 47 315

You deserved it 8 296

sasha_kay 4

Monday 12 September 2011 16:01

Why did your parents have access to it in the first place if it's money YOU were saving. My parents can't go into my accounts.

Erin_VanDerWoods_fml 4

Monday 12 September 2011 15:58

Your parents suck ! :(

Comments

whited666 0

Tuesday 13 September 2011 12:14

I do believe that is illegal and that you should take that up with the law. Parents or not.

heythatguy 1

Tuesday 13 September 2011 17:44

they're right, if your account was originally styled as a minor savings account, it counts as fiduciary and if the money in the account isn't spent on spent entirely and directly on something for you, then they broke the terms of the account and are completely liable. Technically, they could've bought you the house, but that doesn't seem to be the case.

mantle 0

Tuesday 13 September 2011 17:54

use that money to put a contract out on them....

phiyama 0

Wednesday 14 September 2011 0:46

Some people have such low moral standards

dramaprincess 0

Wednesday 14 September 2011 0:50

Sorry that sucks!

bekster88 3

Wednesday 14 September 2011 1:39

******* awful! How do your parents sleep at night? I look at my little boy and I could never imagine stealing from him, especially money that is meant for his college education. Disown those bastards!