Friday, June 10, 2011

Five For Friday: Bank of Mom and Dad Edition

J Money over at Budgets are Sexy is hosting another pull of 5 for Friday. So lets give it a go!


  1. Is the Bank of Mom & Dad still open to you? (If no, skip to #4)
  2. When was your last loan from them?
  3. What are your payback terms? Or do you secretly hope NOT to pay ‘em back? :)
  4. Would you ever loan money to THEM?
  5. What do you love most about your parents?
My Turn!
  1. Still open? Yes technically but i won't no matter what ... and that's by my own choice. After borrowing some money for text books to float for a few months and having her change all the terms of the agreement and flip out on me is something I don't want to deal with again. From now on I don't loan money to friends and family. If I can't "give it" without needing it back it doesn't get loaned and I won't borrow.
  2. Last loan — The text books/tuition for college
  3. Payback terms — Originally it was whenever I got the money... no rush.... then after about a month she started going off about demanding the money back in full because my sister kept borrowing money from her and not paying her back... I turned around, waited till I got 2 paychecks and handed her the money in cash so i didn't have to deal with it.
  4. Loan to them? Nope. See question 1... plus my family is very forgetful... and will say they have paid you back when they haven't.
  5. Love most —It's just my mom left... and we don't have the best of relationships to be honest... I think for me what I love most would be that she houses, fed, and clothed me until I left her home when I could. 

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