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Young adults should have access to their own financial resources.
In this story, a young woman living in Alaska questioned her parent about the PFD money she had accumulated since childhood.
Her mom claimed the funds were spent on medical expenses.
But she later found out it was spent on something else.
Read the full story below for all the details.
AITA and refusing to attend Christmas with my parent after she mismanaged $30,000 that was legally mine by 18 down to $534?
I (18F) live in Alaska. Up here, we have yearly payouts called PFDs.
These are just some of the profits from the oil companies giving money back to the residents, essentially.
After turning 18, I wondered what ever happened to my PFD money.
I started asking questions.
I asked knowing that it would be about $30,000 by itself from age 1 to now.
This is without increases from investments.
This young woman wanted to clarify the situation with her mom.
I had asked my parent about this situation.
I asked what my money had been used for.
She stated that it was used for “medical bills and stuff.”
Here is the thing: I was double covered, insurance-wise, and basically never had any leftover bills.
This has been stated by her.
Her mom told her she didn’t use her money if it wasn’t about her.
She then said that indeed, the bills she mentioned were bills that weren’t mine.
But she would “never use the money on stuff that didn’t involve me.”
She then went to my other parent and accused them of getting me on this topic.
She acted like they were trying to turn me against her.
Which I can say is not the case at all.
Her mom later admitted she used some of them for her own.
I was just simply curious where the funds went.
It would be a nice start for me being a new adult.
She said money has always been tough for her.
She said she had to use some of it for expenses.
But in the divorce decree from my parents, it states she must replenish any funds used from my PFD payments.
Their conversation didn’t end well.
So, regardless, it shouldn’t be completely gone.
This post could be much longer.
Our further conversation didn’t end well.
But I will end it here. So, AITA?
Let’s check out what others have to say about this.
This user shares their personal thoughts.
This one is confused and curious.
Here’s a valid point.
You’re way off base, says this person.
Finally, people are calling her out.
She deserves to know where her money went.
If you thought that was an interesting story, check this one out about a man who created a points system for his inheritance, and a family friend ends up getting almost all of it.