MONEY MORAL DILEMMA: Should Darth take money from his kids accounts?

brucie24

Without going on for ever explaining the circumstances I have had to do this twice!

Both times it was a case of BORROW or seriously bee in trouble with mortgage. At the end of the day what is preferable borrow the money or risk loosing the roof over your head/feed the family on c**p.

No contest, I explained to the children what I did/have done and paid back/will pay back with generous interest. I also explained to Grandparents what I had done.

Of course the whole thing is not savoury and ideally it wouldn't occur but I know if my parents did the same I would have and still would understand.

Go for it Darth.

terill

Regretfully i think he should. That money will help the children in long run as it means that bills can be paid and pressure is off to forgoe other things that Dad may want to do for kids- eg holidays, xmas and birthday presents etc. Darth should talk to his sons. They are a family and are in things together.xxx

Bagofants

Absolutely not! He should let the kids starve, go to school in tatty worn clothes, and struggle in a dirty bedsit when they lose the house - just so long as the kids keep their money.

brightonman123

best way i reckon would be to ask the kids if you (the parent) can borrow their savings- pay back with (good!) interest each month, and then make sure you do! taking without asking, afaik, is stealing, even it is in the family..

happy2B

I think its a case of needs must - if he is struggling to pay the bills, keep a roof over their heads, etc, then it is better for the children to have a stable environment and a not-so-anxious dad. And if it means reducing high level interest on debts and simply paying it back into the children's accounts instead then that makes sense for the whole family because less money is wasted. If he can't afford to do that, then the whole financial situation needs addressing properly.

geoffky

It would be mad to say get evicted or go hungry while there is money sat there earning a few % interest...Only a lunatic would not touch it..But in good times it must be put back....thankly we will never have to make the decision ...