Young Woman Is Surprised After Finding Out That Her Savings Fund Is Minimized Due To Her Parents’ Plan To Retire Early (2024)

Young Woman Is Surprised After Finding Out That Her Savings Fund Is Minimized Due To Her Parents’ Plan To Retire Early (1)

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College is one of the most, if not the most, important investments in everyone’s life. Many parents tend to create a savings account when the kid is born and save up money in there to help the kid in the future as the tuition fees are really insane, especially in the top universities. This way, the kid won’t have to deal with the debt that they will need to pay for the rest of their lives and parents won’t need to worry that they won’t have money to send their kids to college.

More info: Reddit

Finding out that your budget is cut into half right before applying for college is not the nicest feeling

Image credits: Pixabay (not the actual photo)

Woman asks community members if she is wrong for not wanting to split the fund with her brother

Image credits: throwawaycollegesav

Image credits: Pixabay (not the actual photo)

Her parents informed her that they are planning on giving half of her college budget to her baby brother

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Young Woman Is Surprised After Finding Out That Her Savings Fund Is Minimized Due To Her Parents’ Plan To Retire Early (2)

Young Woman Is Surprised After Finding Out That Her Savings Fund Is Minimized Due To Her Parents’ Plan To Retire Early (3)

Austėja Bliujūtė

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Austėja Bliujūtė

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Hey there! I'm Austeja, a writer with a knack for capturing everything from family dramas to the latest meme trends at Bored Panda. Armed with a Bachelor's degree in business management, I blend expertise with creativity to deliver engaging articles. I love spicing up my pieces with insights from experts in the industry, ensuring the readers get interesting information. When I'm not typing away, you can find me jet-setting to sunny destinations, hunting for the perfect palm-fringed oasis, enjoying leisurely brunches with friends or binging various TV shows!

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Young Woman Is Surprised After Finding Out That Her Savings Fund Is Minimized Due To Her Parents’ Plan To Retire Early (4)

Young Woman Is Surprised After Finding Out That Her Savings Fund Is Minimized Due To Her Parents’ Plan To Retire Early (5)

Saulė Tolstych

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Saulė Tolstych

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Saulė is a photo editor at Bored Panda with bachelor's degree in Multimedia and Computer Design. The thing that relaxes her the best is going into YouTube rabbit hole. In her free time she loves painting, embroidering and taking walks in nature.

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Young Woman Is Surprised After Finding Out That Her Savings Fund Is Minimized Due To Her Parents’ Plan To Retire Early (11)

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moggie63

moggie63

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8 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Wait until you can answer the inevitable "we thought you'd be able to look after sprog" with "I thought I'd have twice as much money for college as I have. Turns out we were both wrong".

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Ms.GB

Ms.GB

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8 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Sorry I have to pick up some extra hours to pay off my student loans

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Nikki Sevven

Nikki Sevven

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8 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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OP was told for years that this was HER college fund. She's literally applying for colleges now, having formulated all her plans around HER college fund. Now, at the last minute, all her plans have been destroyed. Absolutely NTA.

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Ken Beattie

8 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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I'm firmly of the view that parents shouldn't promise stuff like college funds, or cars to their kids too early. Situations change, you lose a job, have another kid, or cost of living goes up and suddenly that money is needed just to live. At which point you end up with an angry teenager who believes that money is theirs for college/car/whatever.

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Ron Baza

Ron Baza

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9 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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This will damage their relationship with their daughter.If they hope to have support from her upon their retirement, make plans for this with his cooperation, and shortly before they retire she unilaterally says “Actually, I’m going to keep my money,” then they and they alone will be responsible.

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Young Woman Is Surprised After Finding Out That Her Savings Fund Is Minimized Due To Her Parents’ Plan To Retire Early (17)

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moggie63

moggie63

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8 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
  • Round attention Svg Vector Icons : http://www.onlinewebfonts.com/icon Report

Wait until you can answer the inevitable "we thought you'd be able to look after sprog" with "I thought I'd have twice as much money for college as I have. Turns out we were both wrong".

Vote comment up

55points

Vote comment down

reply

Ms.GB

Ms.GB

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8 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
  • Round attention Svg Vector Icons : http://www.onlinewebfonts.com/icon Report

Sorry I have to pick up some extra hours to pay off my student loans

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Nikki Sevven

Nikki Sevven

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8 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
  • Round attention Svg Vector Icons : http://www.onlinewebfonts.com/icon Report

OP was told for years that this was HER college fund. She's literally applying for colleges now, having formulated all her plans around HER college fund. Now, at the last minute, all her plans have been destroyed. Absolutely NTA.

Vote comment up

37points

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reply

Ken Beattie

Ken Beattie

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8 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
  • Round attention Svg Vector Icons : http://www.onlinewebfonts.com/icon Report

I'm firmly of the view that parents shouldn't promise stuff like college funds, or cars to their kids too early. Situations change, you lose a job, have another kid, or cost of living goes up and suddenly that money is needed just to live. At which point you end up with an angry teenager who believes that money is theirs for college/car/whatever.

Vote comment up

2points

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Ron Baza

Ron Baza

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9 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
  • Round attention Svg Vector Icons : http://www.onlinewebfonts.com/icon Report

This will damage their relationship with their daughter.If they hope to have support from her upon their retirement, make plans for this with his cooperation, and shortly before they retire she unilaterally says “Actually, I’m going to keep my money,” then they and they alone will be responsible.

Vote comment up

37points

Vote comment down

reply

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