Money: Today, I frantically told my parents that my bank account had...

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 44 769

You deserved it 2 995

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Same thing different taste

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 44 934

You deserved it 3 342

Addict

By Anonymous - 23/09/2013 02:56 - United States - San Francisco

Today, my mother asked me if she could borrow $200. Being the lovely daughter I am, I gave her my bank card to withdraw it herself. She gambled it away and maxed my bank account out. I had $1500 saved. FML

I agree, your life sucks 45 757

You deserved it 20 870

By unitythemene - 04/07/2019 22:00

Today, I was worried because it's July and I still haven't found a summer job, despite applying to 50 places. It was fine, because I remembered my savings account. I told my parents. Instead of being relieved, they said they're going to take the money from me for being lazy, and using it for my tuition, despite promising to pay for it. FML

I agree, your life sucks 1 788

You deserved it 342

Thieves like us

By Bummer - 30/10/2009 02:00 - United States

Today, I found my checking and savings account to both read $0.00. My parents transferred all my money to theirs because "I'm irresponsible, and not fit to handle money." I'm a 3.8 college student and have a full-time job. They are currently unemployed. FML

I agree, your life sucks 44 893

You deserved it 3 898

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 131 731

You deserved it 6 457

Pump and dump

By Anonymous - 07/05/2017 20:00

Today, I learned that my dad invested my entire college fund into some shady internet stock, despite my dire warnings about being careful. He told me not to worry as he'd done some research, and he guaranteed everything would be fine. Two hours later that same stock dropped almost 75%. FML

I agree, your life sucks 7 059

You deserved it 430

By gonebabygone - 27/08/2009 06:58 - United States

Today, I discovered that my parents rooted through our house looking for junk to sell at a garage sale. They sold all of my books from my bookshelf. When I freaked, out my mom said 'well you never read them'. There was about $300 hidden between the pages of those books. They made $60. FML

I agree, your life sucks 51 223

You deserved it 9 546

Heist

By Bobo - 11/10/2022 10:00

Today, my father stole the money I'd saved up by working and spent it all gambling. I'd saved it up for a year for a new car. FML

I agree, your life sucks 1 178

You deserved it 98

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

By skiergal98 - 18/08/2019 02:00

Today, I found out why I haven't been getting my bank statements for the past couple of months. My parents have been hiding them from me, because they've been stealing from it. FML

I agree, your life sucks 2 225

You deserved it 161

meggieeeee92 27

Wednesday 26 November 2014 18:26

How did they get access to your account? And doesn't the bank notify you when you take out a large amount of money? Your parents are ****** up and should be paying you back for their stupidity.

ahippienamedrae 10

Wednesday 26 November 2014 18:26

That sucks, OP. Maybe you can get them to pay you back eventually ):

Comments

demonfacee 14

Thursday 27 November 2014 11:32

They should use their own money, not their kid's money.

RickSanchez 4

Friday 28 November 2014 0:40

I don't understand all these posts I see about peoples parents taking their money from them. Is it just me or is it not common sense that the only person who should be able to access your money is you? If you make it that way then this is no longer a possibility.

IHazNoUsername 9

Friday 28 November 2014 1:05

That sucks, OP! See if you can get them to use their own dang money next time. Also, if they are allowed to take YOUR money "for the family," then you should be able to have access to their account. I hope they realize how stupid they were being and that they pay you back.

amccaul1976 8

Friday 28 November 2014 1:54

I would sell some of their things until you regain the $1600. Also close you bank account right away with you current bank and open a new account with a different bank. You should be able to do this without parent consent. After all that tell them they now owe you in interest and penalties another $400. If none of that works open a few credit cards in their names and just hit the ATM until you get back what you are owed.

kalanthroxic 4

Friday 28 November 2014 2:27

Or don't. Since, you know, that's illegal. Doing so could have serious consequences. What the parents did was probably not illegal, just unethical and shitty.

jaydemonkey 6

Friday 28 November 2014 8:36

No you are not being selfish.You saved money for yourself, you deserved it. Your parents are the ones that is being selfish and greedy. I'm pretty sure they didn't need that money for the family.

DanielleinDC 33

Friday 28 November 2014 16:33

So you were saving money, presumably for college, and your parents stole it from you, and they're calling you selfish? If you can open another account that they can't access, do so. And try to get a scholarship to a college far, far away. You might want to see what legal options exist in your state. And as soon as you can move out, do so.