infinityforever Posted November 11, 2012 Share Posted November 11, 2012 Hi My issue is that my father wants to know exactly how much money I earn per week. I live in a different state than him and he's always asking how much money I have in the bank, How much my check is, what I spend my money on.. ext. I'm 22 yrs old. His reason is because He has paid for some things for me in the past. About 5, 000$. I'm trying to pay him back but I'm in low income housing living in an apt with four other guys and I am making it but moneys somewhat tight I don't even have a car. My dad has house car boat snomobuiles truck motorcycle and over a million in the bank... that 5000 $ is way more important to me than him and I do understand the principle. I'm worth forty cash atm.. What should I do? Tell him? Lie about how much? Just not tell him? (How would I do this?) Link to post Share on other sites
The dot Posted November 11, 2012 Share Posted November 11, 2012 He sounds like a complete a--hole. If it were me, I'd scrimp and save every cent I could until I had paid off that debt, then I'd never talk to him again. Family or not. Clearly, his money is more important to him than you are. 1 Link to post Share on other sites
taya Posted November 11, 2012 Share Posted November 11, 2012 (edited) Hi My issue is that my father wants to know exactly how much money I earn per week. I live in a different state than him and he's always asking how much money I have in the bank, How much my check is, what I spend my money on.. ext. I'm 22 yrs old. His reason is because He has paid for some things for me in the past. About 5, 000$. I'm trying to pay him back but I'm in low income housing living in an apt with four other guys and I am making it but moneys somewhat tight I don't even have a car. My dad has house car boat snomobuiles truck motorcycle and over a million in the bank... that 5000 $ is way more important to me than him and I do understand the principle. I'm worth forty cash atm.. What should I do? Tell him? Lie about how much? Just not tell him? (How would I do this?) dont think you telling him is going to hurt he seem like hes only trying to help you, you know he has his money so hes not asking you because he wants yours so why not tell him ..he had to help you in the past and dont want you to make any mistake Edited November 11, 2012 by taya Link to post Share on other sites
amaysngrace Posted November 11, 2012 Share Posted November 11, 2012 I think he is concerned about you and your future and wants to make sure that you're getting by and making wise choices. He's just being a dad. 1 Link to post Share on other sites
The dot Posted November 11, 2012 Share Posted November 11, 2012 I think he is concerned about you and your future and wants to make sure that you're getting by and making wise choices. He's just being a dad. The more I think about it, the more I think you and the above poster are right. I'm taking back what I said earlier, and that doesn't happen very often. Link to post Share on other sites
taya Posted November 11, 2012 Share Posted November 11, 2012 The more I think about it, the more I think you and the above poster are right. I'm taking back what I said earlier, and that doesn't happen very often. hahaha awww your too cool 1 Link to post Share on other sites
pink_sugar Posted November 11, 2012 Share Posted November 11, 2012 Wow...sound like my dad. Talks about how tight he is for money when he has a big remodled house and car. He always talks about how I should be grateful for things like the money he spent on braces....and only 10 years later I have to have braces again and pay out of my own pocket because I got shotty ortho work and my wisdom teeth weren't removed when they should have been. 2 Link to post Share on other sites
pcplod Posted November 11, 2012 Share Posted November 11, 2012 Ideally you should know him and what his actual agenda is. If you don't maybe the best thing is to ask him and clear up any uncertainty. It might also be worthwhile negotiating a re-payment schedule with him, maybe even an interest rate for it so that you can demonstrate your responsibility to him. As others say, the sooner you can pay it off, the better off you will be, all the way around. Maybe he looks at what you do seem to have money for despite saying things are tight and he wonders whether you can be fiscally responsible for yourself. Try to remember that what he does have now he doesn't have as a result of flushing his early scarce funds metaphorically down the toilet. I am sure you must have had THAT lecture, I know I sure did at your age. Link to post Share on other sites
Eddie Edirol Posted November 11, 2012 Share Posted November 11, 2012 If you really live with 4 guys in low income housing, you have no car and still have no money after working, then you basically have no expenses and I'd wonder where all the money is going too. If you spell out to him exactly where your money is going and youre not spending money on things you dont need, he will probably help you, or at least help you find a way for you to make your own money. But hes not going to keep loaning you money if he thinks youre hiding frivolous spending from him. I'm sure if you lie to him about whats going on he will see right through it, its easy to do with a 22 year old that is dependent on cash for bad spending. Link to post Share on other sites
MuscleCarFan Posted November 11, 2012 Share Posted November 11, 2012 Was this $5k loan after you were 18? If so, tell him you are just scraping by and barely making it on your own. Link to post Share on other sites
CptObvious Posted November 12, 2012 Share Posted November 12, 2012 "You want your money? Head down to the bank, pull out your fancy little gold pistol and ask for whatever the **** you think I owe you, lazy cocksucker." Link to post Share on other sites
VeveCakes Posted November 12, 2012 Share Posted November 12, 2012 My parents bailed me out years ago and I owed them a similar amount. They saved my butt and I owed them back. It sucks, but you may have to make sacrifices and start a payment arrangement. Why don't you offer it up to him and act like a mature person? It might impress him. I bet he would appreciate even $50 a month. He is probably just concerned for your financial well being, consider yourself lucky. 2 Link to post Share on other sites
Recommended Posts