By dang. - 20/08/2019 06:03

Today, I figured out the bank account my mom set up for me is actually a joint account, and she gets half the money I deposit. I have been putting money in there for 10 years. FML
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You deserved it 546
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Top comments

jbuckets_404 38

Here in the US, a joint account only means that more than one (named) person has legal access to a bank account, not that its contents are equally split. In fact, any one of the account holders can withdraw 100% of the funds if desired without notice. Good luck, OP!

26 0
stickyface 15

That's... not what a joint account means. It means you each have access to ALL of it, not that she's entitled to half. If she's been taking money out that you put in, without telling you, then you need to close the account immediately and open your own. If so, she didn't technically steal from you, being a joint owner, but it's morally very shaky. YDI also for not noticing for 10 years; you need to pay better attention. If she hasn't taken any out and you're simply freaked that you just now realized that she could, then YDI for not knowing what you signed up for.

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Comments

alycion 38

I don’t get how a parent can do that. Mine were always joint accounts until I was an adult. I had to fight them to take $250 for 2 days for the rest of a down payment on a car that I would be driving a lot. They paid me back with 25 bucks interest. That’s the way it should be.

10 2
Cooper201288 16

Tat's because you have normal decent parents. My boyfriend's mom stole money out of his account. But, My parents were never on my account to begin with and hate even letting me pay for dinner still and I'm 30. Some of us are lucky and have good parents . Others not so much.

9 0
Reggie89 2

I set up my son's I put mon in his account but would never take advantage of him like that. family members sould not screw you remember that when it's time to put he in the old folks home.

0 0
jbuckets_404 38

Here in the US, a joint account only means that more than one (named) person has legal access to a bank account, not that its contents are equally split. In fact, any one of the account holders can withdraw 100% of the funds if desired without notice. Good luck, OP!

26 0
bl3ur0z3 17

1) Yea, if she set it up, her name is going to be on 2) You both have equal access to the full contents of the account. 3) You didn't notice if you were missing money all these years?

4 0
Lucky O'Guin 18

You didn't realize that half your money was going missing for ten years?

5 0
stickyface 15

That's... not what a joint account means. It means you each have access to ALL of it, not that she's entitled to half. If she's been taking money out that you put in, without telling you, then you need to close the account immediately and open your own. If so, she didn't technically steal from you, being a joint owner, but it's morally very shaky. YDI also for not noticing for 10 years; you need to pay better attention. If she hasn't taken any out and you're simply freaked that you just now realized that she could, then YDI for not knowing what you signed up for.

14 0
zoelog 10

10 years. it took you 10 years to notice?? sorry but. ydi

3 0
Danna Zil Ko 5

Had a joint account with my mom and she could see my spendings and comment on it. It was really annoying so when i was 18, i opened a personal one and closed the joint account

0 0
jc1015 25

Take out what’s left, close the account, and open a new 1 that’s in your name only.

0 0
OnReceivingEnd 17

And you didn't notice the money disappearing HOW???

0 0
randybryant799 20

It took you 10 years to figure this out? How is that even possible?

0 0