How much cash do you owe your parents

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gerb131's avatar

gerb131

Senior Member

9,932 posts
Mar 10, 2010 8:24 PM
I borrowed about 5g's from my mom when I was 19. I finally paid her back the year she died which was 5 yrs later. I paid her around 100$ every month, give or take the month. Glad I did too, although it wasn't a big deal to her, it was to me.
Now my dad is a different story. I asked him to borrow 1000 for college books and such and he quoted me a 8.8% interest rate lol and said I had 6 months to pay him back. He ain't hurting for money either.
My question is how much money do you owe your parent/s?
Mar 10, 2010 8:24pm
DeyDurkie5's avatar

DeyDurkie5

Senior Member

11,324 posts
Mar 10, 2010 8:25 PM
my parents don't make me pay the money back, and won't lend me anything that is unreasonable. But when I start to make money and I get a shitload of it, I will definitely be paying them back in trips and random sweet gifts that is for sure.
Mar 10, 2010 8:25pm
CenterBHSFan's avatar

CenterBHSFan

333 - I'm only half evil

6,115 posts
Mar 10, 2010 8:30 PM
Fortunately, I don't owe them any money at all.
Mar 10, 2010 8:30pm
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Mar 10, 2010 8:31 PM
$0
Mar 10, 2010 8:31pm
Fab1b's avatar

Fab1b

The Bald A-Hole!!

12,949 posts
Mar 10, 2010 8:32 PM
$0
Mar 10, 2010 8:32pm
GoChiefs's avatar

GoChiefs

Resident Maniac

16,754 posts
Mar 10, 2010 8:35 PM
$0
Mar 10, 2010 8:35pm
Mr. 300's avatar

Mr. 300

Senior Member

3,090 posts
Mar 10, 2010 8:35 PM
$$0$$
Mar 10, 2010 8:35pm
D

DenisonBigRedLax

Senior Member

108 posts
Mar 10, 2010 8:37 PM
$0

fortunately, my dad has agreed to pay for my college education and books and said that i will get half of all scholarship money i earn when i graduate from college

i have to work in the summer to get spending money, they dont give me squat for my own personal spending
Mar 10, 2010 8:37pm
hasbeen's avatar

hasbeen

Excuse me, Flo?

6,504 posts
Mar 10, 2010 8:43 PM
I probably owe my parents thousands upon thousands of dollars that they'll never let me pay them back. However, when I can afford it, they'll get what they've earned.
Mar 10, 2010 8:43pm
S

Swamp Fox

Senior Member

2,218 posts
Mar 10, 2010 8:46 PM
No money but a lot of much more important things.
Mar 10, 2010 8:46pm
S

slingshot4ever

Senior Member

4,085 posts
Mar 10, 2010 8:53 PM
None. Grow up and use a credit card and take responsibility for your spending. Do your parents do your ironing for you too?
Mar 10, 2010 8:53pm
gerb131's avatar

gerb131

Senior Member

9,932 posts
Mar 10, 2010 8:55 PM
slingshot4ever wrote: None. Grow up and use a credit card and take responsibility for your spending. Do your parents do your ironing for you too?
I think its one of the hardest things to do is get your finances in order.
Mar 10, 2010 8:55pm
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Mar 10, 2010 8:56 PM
Swamp Fox wrote: No money but a lot of much more important things.
Actually, this is a more accurate answer for me as well.
Mar 10, 2010 8:56pm
S

Society

Senior Member

1,146 posts
Mar 10, 2010 8:58 PM
$142,734

About to be more next week.
Mar 10, 2010 8:58pm
S

slingshot4ever

Senior Member

4,085 posts
Mar 10, 2010 8:59 PM
gerb131 wrote:
slingshot4ever wrote: None. Grow up and use a credit card and take responsibility for your spending. Do your parents do your ironing for you too?
I think its one of the hardest things to do is get your finances in order.
Only if you get out of control to begin with. I have never found it hard to spend within my own limits.
Mar 10, 2010 8:59pm
gerb131's avatar

gerb131

Senior Member

9,932 posts
Mar 10, 2010 9:06 PM
slingshot4ever wrote:
gerb131 wrote:
slingshot4ever wrote: None. Grow up and use a credit card and take responsibility for your spending. Do your parents do your ironing for you too?
I think its one of the hardest things to do is get your finances in order.
Only if you get out of control to begin with. I have never found it hard to spend within my own limits.
I wish they would offer a class in high school or even a beginning class in college that shows you how to manage your money. I still struggle with it but I am getting better as I get less and less play money so to speak.
Mar 10, 2010 9:06pm
CinciX12's avatar

CinciX12

Senior Member

2,874 posts
Mar 10, 2010 9:07 PM
~ $75,000 at this point..

Love you guys.
Mar 10, 2010 9:07pm
O

oletiger

Senior Member

166 posts
Mar 10, 2010 9:08 PM
Yeah as a parent you claiming 0 better rethink that.
Mar 10, 2010 9:08pm
gerb131's avatar

gerb131

Senior Member

9,932 posts
Mar 10, 2010 9:09 PM
CinciX12 wrote: ~ $75,000 at this point..

Love you guys.
At least its not 75,012 :)
Mar 10, 2010 9:09pm
DeyDurkie5's avatar

DeyDurkie5

Senior Member

11,324 posts
Mar 10, 2010 9:11 PM
slingshot4ever wrote:
gerb131 wrote:
slingshot4ever wrote: None. Grow up and use a credit card and take responsibility for your spending. Do your parents do your ironing for you too?
I think its one of the hardest things to do is get your finances in order.
Only if you get out of control to begin with. I have never found it hard to spend within my own limits.
Badass Mcgee over here...

Mar 10, 2010 9:11pm
G

Gblock

Mar 10, 2010 9:17 PM
zero moiney that they want back besides the 300 grand they spent to raise me, but i left home for college at eighteen and never borrowed a dime since
Mar 10, 2010 9:17pm
I

I Wear Pants

Senior Member

16,223 posts
Mar 10, 2010 9:21 PM
slingshot4ever wrote: None. Grow up and use a credit card and take responsibility for your spending. Do your parents do your ironing for you too?
Yeah, because credit card debt has done this country so well lately.

But yeah, I owe them money. Although more than that I owe them for signing on my loans.
Mar 10, 2010 9:21pm
GoChiefs's avatar

GoChiefs

Resident Maniac

16,754 posts
Mar 10, 2010 9:26 PM
oletiger wrote: Yeah as a parent you claiming 0 better rethink that.
I'm a parent..and as a parent...I still claim that I owe my parents $0.00. They will tell you the same. :) And if you're going to talk about 'while they raised me'. Well..that was on them..they chose to have a child. They will be paid back for that when I have to pay for their nursing home. :D LOL I've never borrowed cash from my parents that I never repaid.
Mar 10, 2010 9:26pm
wildcats20's avatar

wildcats20

In ROY I Trust!!

27,794 posts
Mar 10, 2010 9:45 PM
gerb131 wrote:
slingshot4ever wrote:
gerb131 wrote:
slingshot4ever wrote: None. Grow up and use a credit card and take responsibility for your spending. Do your parents do your ironing for you too?
I think its one of the hardest things to do is get your finances in order.
Only if you get out of control to begin with. I have never found it hard to spend within my own limits.
I wish they would offer a class in high school or even a beginning class in college that shows you how to manage your money. I still struggle with it but I am getting better as I get less and less play money so to speak.
We had a personal finance class offered in high school. But it was the easiest A in the school and most people took it for that reason only.


And I owe my mom somewhere around $600. I got stuck with some bills/expenses I couldn't afford to pay and she bailed me out big time.
Mar 10, 2010 9:45pm
CinciX12's avatar

CinciX12

Senior Member

2,874 posts
Mar 10, 2010 10:05 PM
wildcats20 wrote:
gerb131 wrote:
slingshot4ever wrote:
gerb131 wrote:
slingshot4ever wrote: None. Grow up and use a credit card and take responsibility for your spending. Do your parents do your ironing for you too?
I think its one of the hardest things to do is get your finances in order.
Only if you get out of control to begin with. I have never found it hard to spend within my own limits.
I wish they would offer a class in high school or even a beginning class in college that shows you how to manage your money. I still struggle with it but I am getting better as I get less and less play money so to speak.
We had a personal finance class offered in high school. But it was the easiest A in the school and most people took it for that reason only.


And I owe my mom somewhere around $600. I got stuck with some bills/expenses I couldn't afford to pay and she bailed me out big time.
I took the same class in my high school, had to put the same effort into it too. Not really worthwhile.
Mar 10, 2010 10:05pm