By Me - 12/09/2011 07:36 - United States

Today, I found out that my parents used all of the college money I have been saving up for 8 years to buy a beach house. The reason they waited until now to tell me? A tree fell on it, and they need more money for repairs. FML
I agree, your life sucks 41 282
You deserved it 2 482

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Why did your parents have access to it in the first place if it's money YOU were saving. My parents can't go into my accounts.

Your parents suck ! :(

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Your parents suck ! :(

OP's parents are thieves! Parents or not - if that was your money then what they did is still theft. Who steals from their kids?

Parents think they have the right to do it. Cuz they raised us and they believe we should pay them back. So they don't mind stealing stuff from their kids. Sorry OP. FYL

I would be so pissed!

Kind of sounds like the friends episode where Monica asks her parents for her wedding money they've saved.

@fthislyfe, Its funny how some parents feel this way but did they ever repay their parents? Probably not. The idea of entitlement some people have in this world is ridiculous. You deserve everything because your alive...

I'm just frankly impressed by OP's ability to save enough for a beach house in 8 years. And as for the tree, there is insurance. If your parents couldn't have insured it, then they are bigger dumbasses then we all assumed.

45, while I do agree it would suck to have to shell out so much money on a kid and never get it back, it WAS the parents choice to have said child, and I'm assuming they knew about the bill that comes with having a child. So they really shouldn't expect the child to pay it back, they also shouldn't steal their kid's college fund. However that's just my opinion.

45: I agree with 79. You are responsible for your kids. Cuz they didn't choose to be born. YOU are the one that forced them into this world so YOU are responsible to spend money for them and you shouldn't expect them to pay you back (with money of course). So they didn't have the right to steal their kid's money just because they think they are his/her parents.

79 & 84- I think you misunderstood 45's comment. It sounds like they're saying that people feel they are entitled to everything because they are alive, but they never expect to give others, such as their own parents, what they expect others, such as their children, to give to them. I have a son and there is no way I would ever steal money from him. That's just wrong. I want to provide for him, pay for his college, wedding, home deposit, clothes, food, first car, put a roof over his head because I love for him and his future family, and hopefully he will do the same for his children. Parents who steal from their children obviously don't care if they do well in life because they are taking away opportunities for their children.

Am I the only one here that wants to know why it took 8 years for him to find this out. If it wasn't for that tree his parents wouldn't have told him. Did he just hand them the money or did he never check his account?

why is half of my comment missing? did someone edit it? there was nothing wrong with it.

That's your beach house if they used your money. So tell them to fuck off.

Wait, let me get this right THEY used YOUR money, ummm demand your money back or sue.

Is anyone else wondering how long it took for them to tell him this? What kind of parents would steal from their child and not feel guilty about it.

my mom did that to me. Starting in 4th grade, I got $10 weekly allowance and saved it up for college every week (didn't buy candy or anything). Every time it reached $100, she put it in my "account". I got a job "off the books" (since I was too young for an on the books one) at a smelly fish market over the summers in jr. h.s., so whenever I went on the bus, adults made up their faces & made comments. In high school, I sold candy to be able to do various activities. When I asked about my $ so I could pay for college I was about to attend, my mom asked me "what money?" Only when I threatened to call my sister as proof did she say she used it when she paid for me to go on an educational trip my Jr. year in h.s. (I wasn't going to go, but she said that she'd pay) so I had to take out loans so I could attend that year. I got an on the books job, and now I work, go to and pay for my college myself. Parents can do sucky things, but that's life. you can't go around hating them for it... or sue your parents for that... I was 17 when I started college, so I couldn't vote, or be the holder on my "account". I got my own at 18 (to which she has no access)

There is a concept nobody seems to care about anymore called enlightened self-interest. It teaches that when you do for others, there is an implied and emotionally reinforced expectation for the recipient to pay you back. It also keeps in mind that helping someone means they will be in a better position to help you later. Basically, I helped you out, so if I need help later, you should help me, and you likely will be better equipped to help me. OP's parents don't abide by this rule. They not only stole from OP, but they stole the means for OP to be able to better take care of them in the future, not to mention the motivation to even care about them at all. Some children operate with a sense of entitlement, yes, but if the means to be a good child to one's parents is maliciously or apathetically taken away, then the right to expect any appreciation is lost. They stole OP's education. Fuck them.

123 thats a loooong comment lol.

Lol 69 thumbs up

Lol 69 thumbs up

Why did your parents have access to it in the first place if it's money YOU were saving. My parents can't go into my accounts.

maybe they put some money in it from lije birthdays and stuff

They may have been on the account since OP was probably underage when they opened it.

Don't need full access to put in birthday money, just an account number which only let's you deposit money not withdraw unless you're the account holder. Also, to save enough money for college/beach house, OP would have probably had to start saving when they could get a real job at 16, baby-sitting doesn't male you that much so at 18 they should have asked to change their account or at least asked for proof of what they were saving. I'd want to know how much money I had saved up on occasion.

If they did then I think it's time to get a new bank account, bank, a new code, and keep the money and code away from them. Or at least I would do that.

Too late for that now, "I'm broke biotch!"

My parents opened an savings account for me when I was seven and were able to withdraw money from it. They ended up stealing a thousand dollars from me when I was twelve. Never got it back.

Dumbass...his/her parents are the holders of tge account. My 19 year old sister has a bank account...my dad manages it. And it is possible that he didnt keep the money in the bank, but rather in a safe in his house. There are people who do that

Well are you going to help them pay for it?

Even if meant as joke, thats fucked up man.

Hey Think about it you will get the house when they die...

@ #50 - So you're suggesting that the OP arranges this ASAP? - like your plan!

Agree with #3... Put your money where your idiot parents can't get it

If they are a minor, you have to have a parent on your account

Not true. I got my own BofA account without a parent when I was 12.

That's horrible! ):

i agree with u ...

message me!

This is just fucked. FUCKED.

exactly! message me!

Pay 4 it then take your house and kick them out and look at the bright side you now have a beach house...

yeah sure cos having a beach house beats having a college degree.

With the terrible job market and high cost of college I think I would rather have a beach house.

What about bills?

The way I see it, OP could 1) have his/her parents pay for college, or 2) sell the beach house and take whatever money he gets out of it.

Taxes are a factor too... I honestly feel pity for the poster...

Oops! Sorry can't pay for the repairs, some dumb asses stole my education and I couldn't find a job!

This is what you should say to them.

Clearly the only logical solution is to burn down the beach house, then your own house. ~~This message sponsored by the Legalize Arson Party for 2012~~

Genius... sweet sweet insurance money! Hahaha

i think when you open a bank account, next time don't tell them your pin that way you will still have money :)

You don't need a pin # to withdrawal money from an account ya idiot.

Actually, you do. It's kind of the reason that people have PINs. I don't know what bank you're using, but I'm glad my bank requires a PIN.

You can have bank accounts without PINs, they are just rare, some accounts don't even have cards.