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So, I'm not entirely surprised by this.... Hell, I'm 32 and my parents are always borrowing money from me!

From The telegraph.co.uk


By Richard EvansLast Updated: 10:21AM BST 25/09/2012
Parents are raiding their children's piggy banks to pay bills, a survey has found.

Thirty per cent of parents with children under 18 have taken or borrowed money from their child's piggy bank or savings account, research from Moneysupermarket.com, the comparison service, found.

One in eight "piggy bank raiders" borrow from their children at least once a week and the average amount taken is £50.26, although 16pc admitted to taking at least £100 from their child.

A fifth admitted to taking the cash because their children were too young to notice it missing.

The same number said they haven't paid the money back yet, although 58pc of these parents said they intended to. However, almost eight in 10 piggy bank raiders said they had paid back the money – and 19pc even paid interest.

More than a quarter of parents said they used their children's cash to help pay bills, while 17pc said it was used for petrol money and 16pc used it for grocery shopping.

Parents appeared to be using their children as an easy source of cash, rather than having to deal with banks. Fifteen per cent said it was easier to borrow from their children than from their bank or other lender, and 11pc used their children's funds to avoid being stung by fees that their bank or credit card provider would charge.

Kevin Mountford of Moneysupermarket said: "It's a sign of the times when parents feeling the economic pinch have no resort but to dip into their children's savings or piggy bank.

"We all have moments where we need to get our hands quickly on some small change – to pay for takeaways, the milk man or a local charity collection. However, it's shocking to see kids' money is often needed for everyday living costs such as paying bills, money for petrol or groceries."

He said children received an average of £5.98 in weekly pocket money, which adds up to more than £300 in a year. "It's a sizeable amount, so it's easy to see why parents may be tempted to put this towards everyday living costs."

My mom is always telling me how her parents would raid her savings and never pay her back. Apparently she hated it so much she's made a note never to do it to me or my sister. So far she's been serious.

My mom went on a trip to California with mine...and now I'm paying for all of my college. Thanks, mom .

Power corrupts. This is true, even in the relationship of power a parent has over their child. People get mad when politicians or city councilors use public money for things they shouldn't. Looks like 30% of parents are no better than them.

Same, But I dont push it, My mom did give birth to me after all, and makes me breakfest. So i consider it even.

 hotsauceman1 wrote:
My mom did give birth to me after all,

Well...I doubt you asked her to give birth to you.

My great grandfather gave me and my brother £3000 each in his will.

Ask my dad where it went. I dare you.

Where did it go?

Being a parent instills a higher moral duty, but no greater capacity for moral action.

Guess I'm lucky, the old man made it clear to us that what we earned was ours and that work had rewards. So we worked and we kept our rewards.

Then I got my first real job and got to learn about taxes XD

My parents have borrowed money from me before. Of course that was to my face and they've paid me back, most of the time.

And they're paying for my college right now so I can't really complain.

I'd be happy to lend my mother money if I had it, and if I didn't get it back, I'd shrug and accept that however much it was it still doesn't touch however much it cost her to raise me.

Mom would borrow cash but then pay it back. My wife does that with the kids on occasion. When she borrows cash from me, its never paid back...

AND WHAT IS UP WITH WOMEN AND POPCORN? HOW COME THEY NEVER WANT TO GET THEIR OWN POPCORN BUT TRY TO EAT HALF OF YOURS? Babe, we're not poor, you can have your own popcorn. Seriously.

I feel for you Frazz, my wife is the same. Popcorn, large Coke and Pic'n'mix..... All shared.... WHY! Just let me buy your own for you, please?

As for the money thing, my wife and I earn good money, as does my Mum. Never know why she borrows money on a regular basis, never ask. And I certainly don't begrudge her the odd £100 here and there, after all she's done for me....

 sarpedons-right-hand wrote:
I feel for you Frazz, my wife is the same. Popcorn, large Coke and Pic'n'mix..... All shared.... WHY! Just let me buy your own for you, please?

As for the money thing, my wife and I earn good money, as does my Mum. Never know why she borrows money on a regular basis, never ask. And I certainly don't begrudge her the odd £100 here and there, after all she's done for me....

I found the antidote. Salt it so badly that one kernel would kill a snail on contact. She won't touch it. or just automatically order two popcorns. She can deal.

You've never met my wife. She's a Filipino, as a result an over salting of Popcorn will not work. She will just ask for more of my frickin' Coke to remedy it.....

Any other ideas?

Buy a larger bucket.

I've always found the idea of sharing a bucket of popcorn with your waifu incredibly romantic.

For me. You will be spitting chips as to why I am sharing popcorn and tender looks with your wife.

 sarpedons-right-hand wrote:
You've never met my wife. She's a Filipino, as a result an over salting of Popcorn will not work. She will just ask for more of my frickin' Coke to remedy it.....

Any other ideas?

Plan B. Don't ask, just buy two popcorns. Give one to her. if she frets tell her to quit wasting money and take the popcorn.

If that doesn't work get a tub O popcorn.


Automatically Appended Next Post:

 Squigsquasher wrote:
Buy a larger bucket.

I've always found the idea of sharing a bucket of popcorn with your waifu incredibly romantic.

For me. You will be spitting chips as to why I am sharing popcorn and tender looks with your wife.

Well its all fun and cgames until frazzled pulls out his Concealed Carry Wiener Dog. In half a second he folds out into a tweenie sized rampaging bite machine of face eating devastation. Unfortunately for me, instead of doing my foul bidding he will likely just swan dive into the popcorn.

 Avatar 720 wrote:
My great grandfather gave me and my brother £3000 each in his will.

Ask my dad where it went. I dare you.

Don't leave us hanging, my good forum buddy. Where did it go? Better supply an answer or I'll start speculating.

The scary part is that you need no licence to carry a concealed Wienie

Shh! The lie-buhral left wing government will hear and try and take your weinies away!

Remember, weinies don't eat your steak sandwiches, your steak sandwiches eat your steak sandwiches...Or something like that.

I think its Wienies don't kill people, people using Wienies kill people.

 Grey Templar wrote:
I think its Wienies don't kill people, people using Wienies kill people.

Finally the truth comes out. Say it again my brother!

I wonder how many children under 18 "borrow" money from their parents with no intention of paying it back. I certainly did it, as did many of my friends.


Automatically Appended Next Post:

 Grey Templar wrote:
The scary part is that you need no licence to carry a concealed Wienie

Indeed, failure to conceal will generally get you arrested.


Automatically Appended Next Post:

 Ouze wrote:
I'd be happy to lend my mother money if I had it, and if I didn't get it back, I'd shrug and accept that however much it was it still doesn't touch however much it cost her to raise me.

I've given gifts to my parents, masked as financial arrangements so they would accept them, several times. Actually its only very recently that they would consider taking anything from me without solicitation or some kind of veneer, and I think even then its because its something they've wanted for as long as I can remember.

To my knowledge they've never borrowed money from me without asking first, and it was almost always in the context of "Do you have cash?" in order to tip a waiter. And, honestly, it was generally their money or money I earned by way of leveraging their money.

I remember waking up to my mom sneaking in my room rummaging through my change jar, too get some booze for my aunt. And i caught her and she tried to play innocent as in nothing big happened.
I was more upset that she woke me up.
But i swear, money still disappears from that jar.

Just put a mouse trap in there.

My parents borrowed money from me a few times, but it was because they didn't have any cash on them and didn't want to go to an ATM just to pay the neighbour for, like Amway or something. They never did it without asking.

Borrowing money from the kid's savings accounts, especially when they're too young to know and putting it back when you have the money, seems like pretty much the least offensive crime I can think of. How do you think the savings are there in the first place? Because the parents are putting money aside for the children.

I've always been fine with my parents taking a bit here and there for stuff that we needed. I was considerably less happy to know that they completely drained my college fund for unnecessary expenses.

i never had pocket money so it wasn't an issue. If the money want there I wouldnt get any, I didnt ask for any and was seldom offered any except to buy stuff and keep the change.

When I was older I might get a few pounds, I remember my first pound note. It was like I was suddenly rich.

This way didnt do anything to limit my respect for money or my ability to manage it. If anything it helped because i still had a class A credit rating even on the occasions when I was unemployed and or had to do low income jobs.