I was reading a blog post by the sexy Katie Collins (
Check out her blog here, and follow her because she's sexy and stuff) about the evils of credit cards and banks. It made me think of my current financial situation, which is something I don't really like to think about at all, and is kind of fucked. Then I read a reply to one of my posts from the sexy The Loon (
Check out his blog here, may or may not be as sexy as Katie but you should still follow him anyway) "
Wow, I'm not sure if your blog was supposed to have the concept of us deciding your life, but it's a fucking great idea."
A fucking great idea indeed!
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| Australian money is colourfull! |
So here is the situation. As some of you may or may not already know, I am 24 and still live with my parents. Now I have never had a credit card, never been in dept, and generally spend very little money due to living at home, having no friends, and rarely going out. Because of this I have saved what I would consider (for me, personally) a lot of money, something like $45,000... most of which is now gone as you will see. Now my parents let me live at home with no rent but they are in quite a bit of debt. To help them out with this they have borrowed most of my money from me, over a fair bit of time, which I happily let them have.
How this happened was, originally they borrowed $30,000 and promised to start paying it back as soon as they were on top of the bills again. But instead of slowly paying me back, I have been slowly giving them more and more money to a grand total now of $42,000. The more money I save, the more I give to them.
Now just a few days ago my mum mentioned selling their house so they could pay me back, and I was shocked. I had never realised how far it had gone and how hard it will be for them to ever pay me back. I absolutely do not want them to have to sell their house for me. But at the same time, I want to buy a house of my own. I don't want to be still living with my parents in my late 20's. But the problem is, I need my money to buy a house, my parents need to sell their house to give me my money, I absolutely do not want my parents to sell their house that they have spent their entire lives working towards just for me.
So what is your opinion on this? What do you think I should do? I don't want my parents to sell their house but I don't want to get stuck living at home forever.
TLDR; parents stoled my moneys! wut do?