money i cant take !!

LegacyUser

hi ..this is not really a problem but i feel bad so here goes ..

i am in college and have a large family at home as well ..my parents have a very relaxed attitude to just about everything which is ok but can drive me crazy sometimes ..I recently had an argument with both my parents over them failing to submit some of the material which i needed to get a grant ..it took days of me having to constantly badger them for the stuff ..i felt it was pretty inconsiderate of my situation trying to make ends meet ..not like i was asking them for money as i know cash is pretty tight with a large family it was just some documentation ..anyway i made a few bitc**y remarks about how they must think i had money to burn etc ..childish stuff i know but was getting pretty frustrated ..they finally submit the stuff and i apologised about the remarks ..my mam just phoned me and said she has sent a considerable sum to me in the post by cheque..i really feel bad as i know they have prob gone without stuff at home to give me this and eant to give it back but she wont hear of it as she is saying that she recognizes that i have not asked for money in the past ..i really would not enjoy a penny of this ..is there a way i can just lodge it back to her account or something ..i know this sounds so silly but i just cant take it .

py2006

Well if its a cheque just tear it up! The money wont come out of her account unless you lodge the cheque into yours!

I would feel a bit weird taking the money! Unless you really, really need it!

meditraitor

fair play to you, rip up the check

lil-buttons

fair play to u.
ur a gud 1.
u jus hav 2 Tear it up!!!

LegacyUser

ok i wud do that but its from a credit union i think so is a different coming out of a credit union dont they automatically credit the a/c ..im not sure sorry

Ickle Magoo

Call the Credit Union branch the cheque came from & explain you don't want it.....there should be branch, account, etc numbers on the cheque and as all you are doing is cancelling the transaction - you should be able to do it....

LegacyUser

When its from a credit union the money would have already come out of her account or she will have 'paid' for it in cash.
She has definately given away the money (paid for the cheque).
I wouldn't recommend tearing it up.
If she has an account in the credit union you could go in and ask them if they would lodge it into her account (give her name, address etc & they can look up her account) but you would have to go to the specific credit union that she has her account in.

chuckles30

if it's a credit union, maybe you could go back into your local branch with the cheque and ask them to lodge it back into your mothers account - they should be able to lodge the money with her name & address as you won't have her account number. They would probably need to get their cheque back as they probably can't take your word over the phone.

Ickle Magoo

chuckles30 wrote:

if it's a credit union, maybe you could go back into your local branch with the cheque and ask them to lodge it back into your mothers account - they should be able to lodge the money with her name & address as you won't have her account number. They would probably need to get their cheque back as they probably can't take your word over the phone.

Good thinking....:o

BeardyGit

How old are you OP? Are you the eldest in the family? Have you worked your backside off to get where you are now, in college etc?



Parents will go to great lengths to support their children and I guess yours are just proving that by their actions. If you've supported yourself (for the most part anyway) through college then perhaps they really WANT to do something nice for you and help you out.

If I were you I'd reconsider tearing up the cheque/returning it etc. Your folks may not have really thought about how financially independent you have been since starting college. I'd imagine that your little 'row' with them may have spurred them into action to do what parents need to do to think they're able to help you.

Depending on what the value of the cheque is, consider putting it into a savings account instead. You won't be spending it, but it'll be there for you to use if you really NEED the money and if not, you can give it back to your folks when you're working over summer or whatever.

BTW, if they have a cheque from the CU they've either been sensible with their money and have been saving for years (in which case you really should relax) or else they've taken a loan. Even if it's the latter, don't just jump in and hand the quids back. Speak with your folks and tell them that you'd like to contribute to paying the loan back when you're working.

Hope the above makes sense - Guess I'm saying that you should be careful how you handle this - Your folks could be really proud that you're doing well and really pleased that they feel they can help out (even in addition to any grant you might receive). Does that make sense to anyone else?

Gil

Miss Fluff

^^^^^ Agreed

LegacyUser

guys thanks for comments ..fair point on they "wanting to" give me the money but i think it wud be a bit of a waste considering im gonna get the grant pretty soon anyway .. im 22 and shud b able to sort myself out by now ..i dont trust myself to save it either which is why i want it off my hands quickly ..wud not say ive worked my backside off they did help me out a few years ago when i was a bit foolish with money ..

Fajitas!

Am I the only one to think of keeping it for a rainy day?

I know you can support yourself and whatnot, but at the end of the day, your parents wouldn't have done it if it would put the rest of the family in financial difficulty.

Sorry if that seems greedy, but I'm not saying to go out and blow it all.

Femelade

parents often give their kids money, even if it puts strains on their own financial situ. they just want you to do good in college and not have any money worries, it would prob put their minds at ease knowing that you have money, and are using it to get by. college is very expensive, accom,food, books, materials etc.

buuutttt...if you dont want it, just post it back to them, and explain why you dont want it.