For a lot of kids that grew up in a working lass family one of the goals that many have when growing up is to make a lot of money so that their parents won’t have to worry about money. Pay off their debt, buy them a better house, etc. But this was an interesting post I saw online of an apparent 18 year who saved up $1400 to buy a computer for college only to then see that his funds were gone. It seemed like he was in a joint account with his parents who then took his money to give to his brother.
As the chat messages show, apparently the brother got into a car accident and they needed money for his insurance deductible. Therefore, they took his money for that and even went as far as telling their child that he didn’t need a computer for college as he can just use a textbook. Not surprisingly, a lot of people was saying how that is wrong and he needs to get his own account right away. Now the person did express that his parents will pay him back monthly, but this has got to be one of the worst parental decisions I have seen.
The child brought up a good point where his brother’s irresponsibility shouldn’t be his problem financially. If anything, it should be entirely up to him to decide if he wanted to give his money to him. That’s a danger too for younger people I find where if you always get them out of a bad situation financially without them having to work for it they will likely continue to be irresponsible in these ways.