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How much cash do you owe your parents

Home ▸ Archive ▸ Serious Business ▸ How much cash do you owe your parents
J

justhismom

Junior Member

7 posts
Mar 11, 2010 3:23 AM
justincredible wrote: $0
darn - I was hoping you owed me some money that I had forgot about.....
Mar 10, 2010 10:23pm
Fab4Runner's avatar

Fab4Runner

Tits McGee

6,196 posts
Mar 11, 2010 3:25 AM
$2000. My stepdad paid for my car and I am paying him back. $340 or more each month.
Mar 10, 2010 10:25pm
F

fan_from_texas

Senior Member

2,693 posts
Mar 11, 2010 3:43 AM
$0.
Mar 10, 2010 10:43pm
bcubed's avatar

bcubed

Senior Member

410 posts
Mar 11, 2010 3:51 AM
$0! They did pay for college but it was only two years, and considering what they paid for my sister to go to college for 5.5 years they got off easy with me!
Mar 10, 2010 10:51pm
Apple's avatar

Apple

Prost!

2,620 posts
Mar 11, 2010 4:05 AM
$0 and I hope I never have to. I borrowed about $100 from mom when I was in college and you would've thought it was $10G the way she brought up every chance she could about how she helped me. After about 7 years I finally had to remind her that I paid her back 7 years ago and I wasn't going to thank her for it any more. That experience and also watching how she treated my siblings when they borrowed money from her has caused me to swear to never borrow money from her.
Mar 10, 2010 11:05pm
CinciX12's avatar

CinciX12

Senior Member

2,874 posts
Mar 11, 2010 4:49 AM
Apple wrote: $0 and I hope I never have to. I borrowed about $100 from mom when I was in college and you would've thought it was $10G the way she brought up every chance she could about how she helped me. After about 7 years I finally had to remind her that I paid her back 7 years ago and I wasn't going to thank her for it any more. That experience and also watching how she treated my siblings when they borrowed money from her has caused me to swear to never borrow money from her.
What do you mean? She tried to guilt you into doing stuff for her because of the money she loaned you?
Mar 10, 2010 11:49pm
dwccrew's avatar

dwccrew

Not Banned

7,817 posts
Mar 11, 2010 4:53 AM
I've never borrowed money from my parents. I stopped getting supported by them when I turned 18 (I didn't want them to, they certainly would if I needed help). I have always been self-reliant. Joined the military to help pay for college and I've been financially stable and comfortable for awhile now.
Mar 10, 2010 11:53pm
Cat Food Flambe''s avatar

Cat Food Flambe'

Senior Member

1,230 posts
Mar 11, 2010 4:54 AM
Counter-question - How much do your parents-in-law owe YOU? :(
Mar 10, 2010 11:54pm
CinciX12's avatar

CinciX12

Senior Member

2,874 posts
Mar 11, 2010 4:57 AM
Cat Food Flambe' wrote: Counter-question - How much do your parents-in-law owe YOU? :(
The In-Laws owe you money? What a sucker you are! Should have seen that one coming.
Mar 10, 2010 11:57pm
F

FairwoodKing

Senior Member

2,504 posts
Mar 11, 2010 5:02 AM
I owed my parents more (in love and money) than I ever could have paid back.

I miss them very much.
Mar 11, 2010 12:02am
G

Ghmothwdwhso

Senior Member

534 posts
Mar 11, 2010 5:08 AM
gerb131 wrote: 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?
Sorry to here about your Mother,it sounds like she was generous, but your Dad is teaching you about life.

He ain't hurting for money either. This comment concerns me. What have you done to earn the money that he has?

I didn't read beyond the original post, so I hope I'm not repeating.
Mar 11, 2010 12:08am
G

Ghmothwdwhso

Senior Member

534 posts
Mar 11, 2010 5:12 AM
justincredible wrote:
Swamp Fox wrote: No money but a lot of much more important things.
Actually, this is a more accurate answer for me as well.
Perfect.

No money can equate to the experience/things that they have provided me.
Mar 11, 2010 12:12am
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Mar 11, 2010 5:15 AM
justincredible wrote:
Swamp Fox wrote: No money but a lot of much more important things.
Actually, this is a more accurate answer for me as well.
justhismom wrote:
justincredible wrote: $0
darn - I was hoping you owed me some money that I had forgot about.....
Shoot, I might owe you money that I forgot about. :blush:

I had to update my answer after Swamp Fox posted.
Mar 11, 2010 12:15am
G

Ghmothwdwhso

Senior Member

534 posts
Mar 11, 2010 5:20 AM
I can't believe how many people on here admit to borrowing money from their parents.!!!! WTF. Grow up and live your life.
Mar 11, 2010 12:20am
G

Ghmothwdwhso

Senior Member

534 posts
Mar 11, 2010 5:24 AM
DeyDurkie5 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.
Badass Mcgee over here...


DeyDurkie5 = Sadass, Lameass, Poorass Mcgee here.........
Mar 11, 2010 12:24am
Apple's avatar

Apple

Prost!

2,620 posts
Mar 11, 2010 5:39 AM
CinciX12 wrote:
Apple wrote: $0 and I hope I never have to. I borrowed about $100 from mom when I was in college and you would've thought it was $10G the way she brought up every chance she could about how she helped me. After about 7 years I finally had to remind her that I paid her back 7 years ago and I wasn't going to thank her for it any more. That experience and also watching how she treated my siblings when they borrowed money from her has caused me to swear to never borrow money from her.
What do you mean? She tried to guilt you into doing stuff for her because of the money she loaned you?
Yes. It was unbelievable.
Mar 11, 2010 12:39am
S

SnotBubbles

Mar 11, 2010 1:16 PM
I owe my parents a lot of things, including money. I've only actually asked once, and that's been repaid. They offer...actually insist on paying for many things. My parents are great and I cherish every moment I have with them. I try to repay my dad with little things, like an annual trip to Wrigley, but I will never be able to repay my parents for everything they are owed.
Mar 11, 2010 8:16am
Fab4Runner's avatar

Fab4Runner

Tits McGee

6,196 posts
Mar 11, 2010 3:33 PM
It's funny to me that anyone would criticize someone for borrowing money from their parents without knowing any of the details. Every situation is different and every family is different. I don't feel bad or guilty about the money I owe my parents. They decided to help me out...they didn't have to do it. I am thankful they did and am paying them back just as I said I would.
Mar 11, 2010 10:33am
Belly35's avatar

Belly35

Elderly Intellectual

9,716 posts
Mar 11, 2010 4:04 PM
My parents and my wife parents are gone. We never borrowed money from them however they both provide some funds when things were not going well early in our married and getting started.
We bought our first home (fixer -upper property) my wife father ….. sent us $4000.00, when we sold it two years later we sent him $4000.00 back…..that Christmas he gave it back to us a gift.

As a parent of 3 daughters, 4 grand kids ……….We stopped counting a long time ago.
All we ask is for them to be the best parents possible, best provide as possible and that is payment in full.
Mar 11, 2010 11:04am
GOONx19's avatar

GOONx19

An exceptional poster.

7,147 posts
Mar 11, 2010 4:10 PM
I don't owe them anything. But when I get out of school and find a steady job I'm gonna make sure they live comfortably until they pass away. It's the least I could do after all they've done for me over the years.
Mar 11, 2010 11:10am
sleeper's avatar

sleeper

Legend

27,879 posts
Mar 11, 2010 4:25 PM
Bout tree fitee
Mar 11, 2010 11:25am
FatHobbit's avatar

FatHobbit

Senior Member

8,651 posts
Mar 11, 2010 4:26 PM
I owe my mother a whole lot more than money. I think my dad and I are pretty even.
Mar 11, 2010 11:26am
McFly1955's avatar

McFly1955

Senior Member

1,441 posts
Mar 11, 2010 4:36 PM
$0 for me, never have borrowed from them.
Mar 11, 2010 11:36am
Laley23's avatar

Laley23

GOAT

29,506 posts
Mar 11, 2010 5:03 PM
Well, technically a lot. But it was always assumed they were paying for the stuff that they have.

-Mostly college, but also my first car and a few trips I took before I had a job. As soon as I have enough stored away I will stop asking my father to pay the student loans, as it stands, he is still paying me back every month for them.
Mar 11, 2010 12:03pm
LJ's avatar

LJ

Senior Member

16,351 posts
Mar 11, 2010 5:06 PM
My dad said I don't owe him anything for my college, so in that case $0

If I did, that would suck, lol.
Mar 11, 2010 12:06pm