Advice for 14 Day Grace

chattychappy

I opened a post office account when I was 7 (I think). I used to write down every transaction I engaged in, including putting an estimated value on gifts I had received (of course, cash was preferred). My parents thought I was obsessed - and certainly I wouldn't have put up with interference from them (who weren't so good with money to my way of thinking).

But it worked in their favour: when I was 18 I got a hefty sponsorship to go to university. I lent it to my parents to finance their divorce. I was the only student in my class to have a debt "going the other way".

T-G-C

chattychappy wrote: »

I opened a post office account when I was 7 (I think). I used to write down every transaction I engaged in, including putting an estimated value on gifts I had received (of course, cash was preferred). My parents thought I was obsessed - and certainly I wouldn't have put up with interference from them (who weren't so good with money to my way of thinking).

But it worked in their favour: when I was 18 I got a hefty sponsorship to go to university. I lent it to my parents to finance their divorce. I was the only student in my class to have a debt "going the other way".

I do become obsessed with things to a limited degree, and building a credit history and having the privilege of spending in advance was something I longed for when turning 18 - even more than drinking alcohol legally!

I'm too young to know what a post office account is, as all I know them for is sending parcels and exchanging currency :rotfl: but I understand your context.

You are generous to finance their divorce using your sponsorship money, as I certainly wouldn't and would tell my parents to sort out their marriage or pay to have it terminated themselves. This is because I class something like that as disposable expenditure and I won't finance other people with such nature - only for things that have to be paid for as a matter of life or stability. For my self though it's different story :rotfl:

chattychappy

T-G-C wrote: »

I'm too young to know what a post office account is, as all I know them for is sending parcels and exchanging currency :rotfl: but I understand your context.

Actually it was a National Savings Bank Ordinary Account (which operated through the Post Office) and later an Investment Account (which required a month's notice). The NSB has been rebranded NS&I since.

T-G-C wrote: »

You are generous to finance their divorce using your sponsorship money, as I certainly wouldn't and would tell my parents to sort out their marriage or pay to have it terminated themselves

Not so generous. I charged them interest...!!