gerb131
Posts: 9,932
Mar 10, 2010 8:24pm
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?
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?
DeyDurkie5
Posts: 11,324
Mar 10, 2010 8:25pm
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.
CenterBHSFan
Posts: 6,115
Mar 10, 2010 8:30pm
Fortunately, I don't owe them any money at all.
justincredible
Posts: 32,056
Mar 10, 2010 8:31pm
$0
Fab1b
Posts: 12,949
Mar 10, 2010 8:32pm
$0
GoChiefs
Posts: 16,754
Mar 10, 2010 8:35pm
$0
Mr. 300
Posts: 3,090
Mar 10, 2010 8:35pm
$$0$$
D
DenisonBigRedLax
Posts: 108
Mar 10, 2010 8:37pm
$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
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
hasbeen
Posts: 6,504
Mar 10, 2010 8:43pm
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.
S
Swamp Fox
Posts: 2,218
Mar 10, 2010 8:46pm
No money but a lot of much more important things.
S
slingshot4ever
Posts: 4,085
Mar 10, 2010 8:53pm
None. Grow up and use a credit card and take responsibility for your spending. Do your parents do your ironing for you too?
gerb131
Posts: 9,932
Mar 10, 2010 8:55pm
I think its one of the hardest things to do is get your finances in order.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?
justincredible
Posts: 32,056
Mar 10, 2010 8:56pm
Actually, this is a more accurate answer for me as well.Swamp Fox wrote: No money but a lot of much more important things.
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Society
Posts: 1,146
Mar 10, 2010 8:58pm
$142,734
About to be more next week.
About to be more next week.
S
slingshot4ever
Posts: 4,085
Mar 10, 2010 8:59pm
Only if you get out of control to begin with. I have never found it hard to spend within my own limits.gerb131 wrote:I think its one of the hardest things to do is get your finances in order.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?
gerb131
Posts: 9,932
Mar 10, 2010 9:06pm
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.slingshot4ever wrote:Only if you get out of control to begin with. I have never found it hard to spend within my own limits.gerb131 wrote:I think its one of the hardest things to do is get your finances in order.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?
CinciX12
Posts: 2,874
Mar 10, 2010 9:07pm
~ $75,000 at this point..
Love you guys.
Love you guys.
O
oletiger
Posts: 166
Mar 10, 2010 9:08pm
Yeah as a parent you claiming 0 better rethink that.
gerb131
Posts: 9,932
Mar 10, 2010 9:09pm
At least its not 75,012CinciX12 wrote: ~ $75,000 at this point..
Love you guys.
DeyDurkie5
Posts: 11,324
Mar 10, 2010 9:11pm
Badass Mcgee over here...slingshot4ever wrote:Only if you get out of control to begin with. I have never found it hard to spend within my own limits.gerb131 wrote:I think its one of the hardest things to do is get your finances in order.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?
G
Gblock
Mar 10, 2010 9:17pm
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
I
I Wear Pants
Posts: 16,223
Mar 10, 2010 9:21pm
Yeah, because credit card debt has done this country so well lately.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?
But yeah, I owe them money. Although more than that I owe them for signing on my loans.
GoChiefs
Posts: 16,754
Mar 10, 2010 9:26pm
I'm a parent..and as a parent...I still claim that I owe my parents $0.00. They will tell you the same.oletiger wrote: Yeah as a parent you claiming 0 better rethink that.
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. 
LOL I've never borrowed cash from my parents that I never repaid.
wildcats20
Posts: 27,794
Mar 10, 2010 9:45pm
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.gerb131 wrote: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.slingshot4ever wrote:Only if you get out of control to begin with. I have never found it hard to spend within my own limits.gerb131 wrote:I think its one of the hardest things to do is get your finances in order.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?
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.
CinciX12
Posts: 2,874
Mar 10, 2010 10:05pm
I took the same class in my high school, had to put the same effort into it too. Not really worthwhile.wildcats20 wrote: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.gerb131 wrote: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.slingshot4ever wrote:Only if you get out of control to begin with. I have never found it hard to spend within my own limits.gerb131 wrote:I think its one of the hardest things to do is get your finances in order.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?
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.