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College is one of the most, if not the most, important investments in everyone’s life. Many parents tend to create a savings account when the kid is born and save up money in there to help the kid in the future as the tuition fees are really insane, especially in the top universities. This way, the kid won’t have to deal with the debt that they will need to pay for the rest of their lives and parents won’t need to worry that they won’t have money to send their kids to college.
More info: Reddit
Finding out that your budget is cut into half right before applying for college is not the nicest feeling
Image credits: Pixabay (not the actual photo)
Woman asks community members if she is wrong for not wanting to split the fund with her brother
Image credits: throwawaycollegesav
Image credits: Pixabay (not the actual photo)
Her parents informed her that they are planning on giving half of her college budget to her baby brother
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Austėja Bliujūtė
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Austėja Bliujūtė
Author, BoredPanda staff
Hey there! I'm Austeja, a writer with a knack for capturing everything from family dramas to the latest meme trends at Bored Panda. Armed with a Bachelor's degree in business management, I blend expertise with creativity to deliver engaging articles. I love spicing up my pieces with insights from experts in the industry, ensuring the readers get interesting information. When I'm not typing away, you can find me jet-setting to sunny destinations, hunting for the perfect palm-fringed oasis, enjoying leisurely brunches with friends or binging various TV shows!
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Saulė Tolstych
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Saulė Tolstych
Author, Community member
Saulė is a photo editor at Bored Panda with bachelor's degree in Multimedia and Computer Design. The thing that relaxes her the best is going into YouTube rabbit hole. In her free time she loves painting, embroidering and taking walks in nature.
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moggie63 moggie63 Community Member Follow
Wait until you can answer the inevitable "we thought you'd be able to look after sprog" with "I thought I'd have twice as much money for college as I have. Turns out we were both wrong".
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Ms.GB Ms.GB Community Member Follow
Sorry I have to pick up some extra hours to pay off my student loans
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Nikki Sevven Nikki Sevven Community Member Follow
OP was told for years that this was HER college fund. She's literally applying for colleges now, having formulated all her plans around HER college fund. Now, at the last minute, all her plans have been destroyed. Absolutely NTA.
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Ken Beattie Ken Beattie Community Member Follow
I'm firmly of the view that parents shouldn't promise stuff like college funds, or cars to their kids too early. Situations change, you lose a job, have another kid, or cost of living goes up and suddenly that money is needed just to live. At which point you end up with an angry teenager who believes that money is theirs for college/car/whatever.
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Ron Baza Ron Baza Community Member Follow
This will damage their relationship with their daughter.If they hope to have support from her upon their retirement, make plans for this with his cooperation, and shortly before they retire she unilaterally says “Actually, I’m going to keep my money,” then they and they alone will be responsible.
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moggie63 moggie63 Community Member Follow
Wait until you can answer the inevitable "we thought you'd be able to look after sprog" with "I thought I'd have twice as much money for college as I have. Turns out we were both wrong".
Vote comment up
55points
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reply
Ms.GB Ms.GB Community Member Follow
Sorry I have to pick up some extra hours to pay off my student loans
Vote comment up
13points
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Nikki Sevven Nikki Sevven Community Member Follow
OP was told for years that this was HER college fund. She's literally applying for colleges now, having formulated all her plans around HER college fund. Now, at the last minute, all her plans have been destroyed. Absolutely NTA.
Vote comment up
37points
Vote comment down
reply
Ken Beattie Ken Beattie Community Member Follow
I'm firmly of the view that parents shouldn't promise stuff like college funds, or cars to their kids too early. Situations change, you lose a job, have another kid, or cost of living goes up and suddenly that money is needed just to live. At which point you end up with an angry teenager who believes that money is theirs for college/car/whatever.
Vote comment up
2points
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reply
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Ron Baza Ron Baza Community Member Follow
This will damage their relationship with their daughter.If they hope to have support from her upon their retirement, make plans for this with his cooperation, and shortly before they retire she unilaterally says “Actually, I’m going to keep my money,” then they and they alone will be responsible.
Vote comment up
37points
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