Arsalan Sajid
Parents are so possessive of their children that when they spend money on them at an early age, they believe they have complete ownership of the money their children earn as adults. They forget that they provide their money to their children with their freedom of choice, and their children desire the same freedom to spend their own.
OP was telling her tale in the same scenario, as her mother attempted to withdraw money from OP’s bank account, which was a student account under her parents’ account. Last year, it was converted into a regular account when OP finished school and changed the password to utilize it to save money from work. OP’s mother had no idea and was frustrated when she couldn’t withdraw money from her account because OP had changed the password. According to her mother, the money was hers because it was still in her account. OP didn’t understand her mother’s reasoning and wanted to get out of the situation. Read the tale to learn about OP’s issue, and then express your views in the comment section below.
Source: Reddit
1. OP’s mother tried to take out the money from her bank account without her consent.
2. OP’s student account was changed into a regular account after leaving her school but was still under her parent’s name and her mother tried to take out the money.
3. OP had recently changed her password, so her mother could not open the account, and she argued with OP that she had every right to take the money as it was still under her account.
4. OP stated that she had accumulated money from working and planned to spend it for school fees and trips.
Now that you’ve heard the story, let’s dive into what Redditors had to say. Keep reading to discover other people’s perspectives on the matter.
5. OP wanted to wait for her car payment before closing her account.
6. Redditor warns OP that her mother may receive OP’s bank statement and learn about her intentions of closing it.
7. According to Redditor, OP should open a new account and transfer her old account amount gradually to the new one.
8. Redditor with 35 years of banking experience disagrees with the concept of a joint account with family.
9. Indeed! Parents should aid their children rather than take their money without their permission.
10. Redditor is doing a commendable act.
11. Yes, a few families save money in the accounts to give back when their children reach adulthood.
12. Redditor regularly deposits money into the younger daughter’s accounts but never withdraws it without her consent.
13. Redditor will never spend the money of their son with autism and criticizes those who used their kid’s money.
14. Redditor has a joint account with her daughter, and it has benefited them in an emergency.
15. Exactly! Children receive money from their parents as a gift, and they are not entitled to take it back.
16. Redditor is setting good example.
17. Redditor suggests that OP should deactivate the account and relocate to a different state in order to avoid being under her mother’s authority.
18. Yes, OP needs to close that account and open the new one to avoid her mother access to it.
19. Redditor advises OP to open a new account in different bank and always check her credits.
20. Redditor doubts that OP’s mother has previously taken money from OP’s account without informing her.
OP needs to change her bank account without telling her mother so that she can effortlessly save money. OP cannot close the account abruptly because it will irritate her mother, so she has to start a new account covertly and gradually withdraw the funds to empty it. Parents should not look for their children’s money because it will make their children more cautious to hide it from them. Children should spend money on their parents voluntarily in order to make them happy. What do you think about it? Share your comments with Defused, and stay connected to learn about new stories.
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