My Dad Won’t Give Me Access to My Money (I’m 19)
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- Опубліковано 6 вер 2024
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The most important thing is for the caller to get their own account and NOT share that information with either parent. They are 19.
This was an account made when she was a child. Children can't make legal contracts which a savings account is one. Therefore a parent had to joint sign with her.
"her?"
I would love to hear the dad's side of this story.
Probably he just wants to protect that daughter's life savings from her bad college decisions, such as drinking or using drugs.
That 13k will probably be gone in a month after she gets it.
Exactly! My daughter received 50K in an inheritance at 19. I sat down, had a long talk about how to put it away for a more solid future....Within 36 months, it was all pissed away. Good kid, bad decisions.
It doesn’t matter. None of you all are getting the point. Irrespective of whether you feel like this young lady will manage her money correctly or not, this is not acceptable. You cannot take her money, she’s grown. If she squanders it, it’s her decision. And how dare you have the audacity to profile her just because of her age. Drugs???? Not every 19 20 something does drugs. Some young people do manage their money well . Just because yall didn’t when yall were young doesn’t mean she won’t. She said her parents had rules around money and how it’s saved, she has basic financial literacy.
@@coco-qd3snyou’re not getting the point. Just because she says it’s her money, doesn’t mean she’s telling the truth. That’s why the guy said he’d love to hear the dads side of the story
This sounds odd. She’s desperate to get what she says is her money but when she gets statements from her father showing where the money is she doesn’t even look at it? I’d like to know the rest of the story.
Why wouldn't she look at the bank statement before she called?
Make it make sense
It is probably a fake statement, I think the money is gone unfortunately.
If she’s never had any control over her own money, she may just have a ton of ignorance of how it works and what steps to take.
As a divorcee, when my child was a minor, I kept a separate account where child support was deposited. Anything the child needed came from that account. When she turned 18 (birthday in summer) and went to college, I gave her everything that was in that account. I know not all situations are like mines.
Yes most situations are different because most women need the child support money to pay for rent. Usually fathers only need 1 bedroom after a separation, but the mothers are stuck renting at least 2-3 bedrooms because they have to pay for their child/children to have a bedroom to sleep in. So most times the child support is to help pay for where their child sleeps.
That's how it should be done, but sadly people like you are the exception to the rule. Vast majority of child support receiving moms use the majority of cash for themselves.
@@21truthbetold Rent is not child support... child support is for the child. Mother needs to go get a job./
@@cococock2418 no child support is for rent, electricity, food, anything mom wants it spent on, including hair, nails and new boots for her new boyfriend.
@@cococock2418your not living in reality they usually do have jobs, but need it to survive. And yes it is to help pay for rent and utilities and child care. Get with the program. Btw I'm not divorced and never have been . Even I know what child support is. Some moms can do what this women did , but most moms need it to survive
Her name isn’t on the account. The money is gone. Shameful
I bet she has blue hair
@@raymond_sycamore I would second that bet
If she can prove this guy took money out of her account and opened another without her name I bet a lawyer could prove it and press charges against bozo dad for stealing.
Go to legal aid and see if they can help you
@@n.w.414 Assuming that's what happened. Need to hear the other side of this story.
I feel for this caller. The money is gone and she’ll have to learn to move on from it and cut ties with her father. It’s a hard lesson I had to learn too. My father stole out of UTMAs for my sister and I. We were shown a statement of investments as minors of money gifted by grandparents that he was supposed to manage. Parents divorced and when we became of legal age and I contacted bank for the access to UTMAs everything was gone and they wouldn’t even provided transaction records as he was custodian.
I think this is exactly what has happened. Lots of deadbeat dads think they can do whatever they want to get 'their' child support payments back.
Abusive parents can keep their kids in a state of mind younger than their peers. I've worked with many trauma survivors who seem like they are YEARS younger. It's a way to keep control by making their kids less self-reliant, less confident, and afraid of everyday tasks.
There is no money.
Where's the money? She needs to ask when he is going to get the money. And also why he is not getting the money now. And so on.
@@costco_pizza sue him
Did you not hear the part about how he sent her a bank statement
@@jaydeeee668 do you not know that you can photo shop numbers on a bank statement
I wish we could get a follow up interview with this young lady
I think when she said he’s obligated to get a car I think she’s not saying the whole side of the story
If it is a custodial brokerage account they won't transfer it into her name ONLY until she turns 21. She may be able to liquidate the account and reinvest the money into a new account in her name though.
My son has a custodial brokerage account and the bank did not allow it to be transferred when he turned 18. He has to wait until 21. So dad might not be financially abusive and she also may not have all the facts.
I think her issue is that her dad was trying to cut her off while holding onto her money. If you're going to do that, give her control of her money. She's in college and that's the best place on earth to be broke.
She said she doesn't know where the money is. Then she says he sent her a statement, but she didn't look at it. Pull it together, lady.
She’s 19! Give her a break! She’s smart enough to call Dave 🤷🏻♀️. Her dad did this her…hard pill to swallow when dads are supposed to protect their children. Geez!
That's Gen Z for you.
@sleepyjoe1685 she's also 19 and he seems to be emotionally and financially abused by her father hence the reason she called for help
@@Tehui1974 Sure. Judge a whole generation based on a random phonecall with a random girl. Speaks volumes of your stupidity.
I'm sorry but at 19 I was 100% dependent on my parents and knew NOTHING about money or how the banks worked! Give the kid a break... It was the parents responsibility to teach her, and it doesn't sound like they did that now did they.
Sad, I am willing to bet, the money isn't there.
80% The statements are fake and that money is long gone. On a side note, WHY DIDN'T you even bother to look at the statements lady?!
Okay am I the only one who wants to hear her dad’s side? A dad just cutting off his 19 year old doesn’t make sense. Remember everyone, everyone loves to explain the story in the way that they’re not at fault/the victim. You gotta really think what this girl must have been like for her own father to say “I want nothing to do with you”.
I hope you are joking but you are probably aren't ...
@oopsiedoopsieimuffeditupagain it's not 1800's, so I gotta ask, did she make half of the $$ in the bank account? Many husbands under Dave's videos like to talk trash abt women while they are taking advantage of their exwife's salary, claiming as their own
@@1234-bh2su Dad could have very well scammed his own daughter. It happens all the time. There's even comments on this video saying their parents did the same thing to them and they never got the money back.
She calls the show without checking the statement first? 😂
She’s a teenager! Geez. Give her a break!
Now you know why her father could so easily manipulate her.
She’s 19, probably doesnt even know how to read an account. There was another caller who doesnt even know credit cards isnt free money😂
I wonder who is paying for college?
My heart goes out to this young lady if things are the way she says.
While everyone is talking as if she’s 35, understand that she JUST entered being legal and may not know many things because she trusted her dad as she should have been able to and has been messed over by him.
John offered some really good advise there.
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@@AlfredStephen127 Claire robert’s Durand is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I’d like to hear his side of the story.
It’s not her money. He most likely purchased her vehicles, car insurance and more. I bought my first car at 15 in 2015. Supported myself fully. She sounds like a dependent asking for more allowance back.
If it’s really money she earned, there is no his side of the story. She’s a legal adult and deserves access to her funds.
He sends her the statements, so she should know where it is. If it's her savings account, the bank probably has transaction records
He sends pictures of statements. It's unknown whether account info is in the pictures.
Any money dad took is gone. Shes never going to get it.
💯
I agree
She said he sent her a “picture” of a statement. I wish there was a follow up on this one because Dad took her money and now doesn’t want anything to do with her. That’s why.
wonder if she voted Biden....
@@raymond_sycamore I'm confused, why's that relevant?
I don’t know where my money is, but my dad sent me the statement and oh by the way I haven’t looked at it! I mean make it make sense!!!! Seems like a three sided story. Hers, his and the actual truth.
And if her name isn’t on the account that dad is investing in, show the transfer of money to the lawyer as he would have stolen your money.
Their response had constructive info,
but they needed to be a _lot_ clearer about _exactly_ what steps to take,
and how to do it without tipping off "Dad" and having him clean out the accounts
and destroy the financial records before the lawyers sank their teeth into him.
The caller is too naive to execute on their piecemeal advice.
@@AlanHMartin There is no such thing as destroying financial records, especially not something recently. By law, financial institutions must keep records for 7 years
@@sblijheid Pinhead Dad will pitch the hardcopies into the shredder and shrug.
Lawyers can get bank records. I wish I understood whether student-help lawyers
will press a case for free, instead of just offering sage advice.
If the accounts are purely in the father's name (if not, mightn't the daughter
have been receiving copies of 1099s every year?), it's gonna require proving
that the transfers from daughter to father were not "room and board payments"
(the obvious BS claim the father should resort to).
The important evidence will surround EMails and texts; and witnesses who are willing
to step up that they heard him claim it was the caller's funds - not his.
How much you want to bet that any EMails and texts between the father and daughter
have been deleted by all parties involved for years now?
Actually, that's not the case. Since his name is on the credit union account, he is legally entitled to withdraw whatever he would like to.
The bank with the investment account isn't going to care (nor should they) that he deposited money that he legally withdraw from an account in his name at another bank.
She should hope that her name is also on the investment account, but personally I think it's highly unlikely. He just stuck it into an account with his name only.
She likely gave him cash that he deposited into the bank account. She would have to prove that what money came from her to begin with.
Gurl, open your own account and put your money in there. Say no thanks dad.
This is pure evil. Stealing from your own child. My mother did this to me. It's despicable.
to who?!??!?!? aruch guy who sit at home with million more then tthe ps4 fora c student
@@simlife445
I'm sorry. I don't understand your question.
Who said he stole her money. He is her dad. You would be surprised to what length fathers would go to make their kids' lives better. Y only heard one side of the story from a naive 19 year old. The dad should just give her back the 23k, and she will blow through it like nothing. I can bet she is probably doing some basket weaving degree.
The money is gone; he already spent it
She said he sent her a “picture” of a statement. Yep, there is no money.
Definitely don't tell dad what your about to do.
Where are the investment statements to see what he took out? Is her name on the investments ? Her dad started to take her money at a young age’s so it should be in a custodial account. In fear it’s his name only
This caller is funny. She called the show without even doing the very basic thing by looking at her credit union statement.😂
She’s big capping that’s why. She has the statement but hasn’t looked at it? bullshit
She's 19. Give her some space.
Just shows how controlling her dad was. He didn't teach her financial literacy, he withheld it because her ignorance benefits him. He wants her reliant on him for access to her own money and for information about money.
Money = Gone
In that case, let ol dad take it and get him out of his influence over you. If he severs the relationship, it was worth it.
John was on the mark for this call, the money is probably not in the caller's savings account, the dad took it all and is doing who knows what with it. Student legal services should indeed help her out. She mentioned $13k, not sure how much the deposits were but at the very least she should be able to get that amount safely under her own control.
You missed the fact that she said she hasn’t opened up the statement yet smh
Legal department? While not morally right the father didn't do anything illegal. She was a minor when he took the money out.
@@stevenporter863but now to tell her it's gone? Hmm I think she has a case
@@stevenporter863Yeah, I'm not sure where you live, but here if I take my minor children's money or property, it isn't illegal. Though it is reprehensible.
Who knows? She should know. He gave her a statement lol
Yeah, I don't think that it's going to be that easy. My wife's dad was the manipulative type as well. I'd be surprised if the money is in her name, I'll be surprised if even there, and I'll be really surprised if she gets whatever resolution she can without lawyers getting involved.
Similar thing happened to me. My dad's ex-girlfriend helped me set up a bank account when I was 15. I worked summer jobs during high school and had about 1k in this account. Later when I asked about getting to the money. I was told that the courts took the money because my parents had recently divorced and "thought it was your dad's account" during the splitting of the assets. Took a few years but it finally dawned on me, that B**** took my money and lied to me. What adult steals from a teenager? Some people are just sick, greedy, self-serving people.
💯
How awful
Freaking disgusting. Sorry this happened.
I feel like a Bank would be held responsible for such an action?
@@XFizzlepop-Berrytwist Well she helped me sent up the account so she knew my pin number/password. I was also 15 so idk if she maybe put herself on the account as a joint account either. I was young and naive lol
My gut says she went off to college, and started making choices dad doesn't agree with, and he doesn't want to fund whatever those are. There is definitely another side to this.
Her story sounds suspicious to me
Agree.
Yes, she needs to tread lightly and make sure she knows and understands what she is doing. Dad might have invested it well and was protecting her from a controlling mom. Like Dave said, everybody's mad and have their backs up.
It sounds like the story doesn't track. I bet her story isn't 100% true.
@@herbiehusker1889 Unfortunately, there are parents like that.
@@herbiehusker1889Her voice is fearful.
So, is her dad paying for her college?
If so, that puts a whole different light on the situation at this time.
Im so thankful i had great parents 😢
I had an abusive mother. I am turning fifty soon. Remembering my nineteen year old self, I remember still being terrified of my mother. I had to learn to take my power back as an adult even if it triggered my mother’s wrath. I had to armor myself emotionally to avoid feeling terror when she was angry.
I can hear that terror in the callers voice. Be brave.
I didn’t have money at nineteen but I had a mountain of original series Star Wars toys. My abusive mother said she was letting me leave them at her house until I could afford to buy a house in a nice neighborhood. By the time I bought a house and came for my toys, I found out my mother had given away my Star Wars toys to a married pastor she lusted over. The pastor bought a house with the proceeds from selling my Star Wars toys in a nice neighborhood.
The reason I bring up my toy story is abusive parents want you to believe they have your best interest at heart but they’re so manipulative, selfish and unempathetic, they don’t ever have their child’s best interest at heart.
As soon as an adult child realizes this fact about her abusive parent, the better of the adult is.
The pastor ditched my mother as soon as he had an offer for a better parish. The pastor was just using my mother’s lust to milk her for money.
To rub salt in the wound, a few weeks after I found out about the theft, my abusive mother asked me if I had any Ewok action figures to go with my Ewok village. She had one of those cold eyed evil smile look on her face as she asked.
I hear the terror too.
You need help,,smfh
She needs an attorney.
My ex-husband did this to our daughter because she didn't want to have any children. She's married, is a veteran, and has an amazing GS job. It's his loss, but I know it hurts her, I can only tell her she's done nothing wrong.
UGH. My mom did something similar to me when I told her I was childfree as a teen. She controlled all my money and forced me to only have babysitting jobs when she found out I don’t really like kids. We lived way out in the country, so I needed to be on her good side to do things like borrow the car, and I got physically abu$ed when she found out I tried to get a real job. She’s still evil, and now I’m 36 and no contact. I really wish I’d run away as a teenager and lived with a cousin or something. Some of these rubes in the comments don’t think parents can be selfish or evil. 😂
@@Angaloth19
Thats horrible.
Glad you could get away.
I feel sorry for some people in bad situations like that, escaping isnt easy in some cases.
I don't know if it was even possible to listen to the Ramsey Show outside of Nashville starting in the late 90s but it would have been worth more than my high school and college education combined. Kids theoretically have access to this information now but obviously they prefer entertainment and whatever their friends are watching.
Id like an update on this story
Check unclaimed property too
SUE them. And then find out it is gone for sure . Sadly
Glad she learned this lesson sooner than later. 19 is a year too long.
I went through something similar with my mom. My savings account was in my mom’s name as the primary account hold and I was secondary. The car and insurance was in her name even though I bought it at 18. She took my car. Took my money and I 19 had me emancipated so she didn’t need to help pay for college anymore. All in the name of tough love to teach me lesson because I lied about going to a college party with my boyfriend. If this caller happens to read this. A wise older woman told me you can always get a job to replace those material things you lost. That’s what I did 🤗☺️ ever since then my mother hasn’t been able to use financial blackmail to punish me. One of the hardest things I’ve done, but the other side is pretty great 👍 You got this!
You're an adult at 18 so why would you need to be emancipated at 19? ...And parents aren't required to pay for college for their kids.
@@thetaekwondoe3887 it was a part of my parents divorce agreement. And now in Massachusetts child support is paid till 21 unless you get emancipated
I had a dad like this. There is no money. He's been taking her savings....
I love this episode. I have been in a similar situation with my dad. It truly can be so scary and CELLULAR in your CELLS that is it hard to think. This is great advice; I am so glad she called you guys.
I wanna hear from the dad
he probably set up a custodial retirement account for her and he doesn't want her to touch it because she'll be a freaking millionaire eventually if she just leaves it alone.
@@dacokcQuite possibly. I'm doing that for my kids. Depends what my kids want to do with it i might not want to take it out for them at 19 either because i know it'll grow exponentially when they get older. I thinks just a matter of educating the kids about it
@@dacokcThat would be nice, but I am afraid not likely. She needs to at least know an account like that exists otherwise if the dad dies the account will just be dormant and disbursed to the state as unclaimed property. Real life isn't like the movies where an elderly lawyer will knock on her door on her 65th birthday with a windfall multi million dollar check.
@@dacokc bro defending him in every comment. Are you the dad?
@@Blittsplitt5 no, but I’m the dad that wants to set up Roth IRA for my kids as soon as they are able so that compound interest and good return can turn $20k into a million over 40+ years….
What do you think a 19 year old is going to do with $13k?…. Waste it.. that is the answer..
He sent a picture of a statement. He didn’t sent an actual statement. That money does not exist!
Not that he’s right, but I would be interested to hear his side
Literally no one is picking up on this. I’m sure this is a mixed bag of craziness. It’s “her money” but she doesn’t look at statements and hasn’t inquired with the institution. Idk but to me it sounds like pops provably put most of that money in there in reality and she’s mad she doesn’t have access to it. I could be 100% wrong, that’s just what my radar is picking up😂
@@user-ey4ut9uc8wyou hit the nail on the head. Most teenagers are not responsible enough to save up $13,000 on their own. I'm sure 90% of that money is from the father
@@user-ey4ut9uc8walso she is in school so if she had a job it would only be part-time. How in the world is was she able to save up $13,000 working part-time and going to school when full-time adults cannot even save that much
@@user-ey4ut9uc8w Most children will blindly trust their parents. Why look at bank statements when you don't have bills? I didn't start to worry about that stuff until my early twenties.
well there's probably a T-Swift concert coming in town and she wants to buy a couple of tickets with that $13k..
The same exact thing happened to me and discovered there was Very Little money, after half of everything from time I was born . . . Feel for her!!
He stole the money a long time ago. In my country she coud take him to court and he has to pay every cent back.
Thank you John for educating us about Student Legal Services! I never knew we had access to legal help included in the tuition ❤
Definitely close the joint credit union account she has with her dad.
Would love to hear dad’s side of this. These young ones always start these stories with the “emotionally abusive” line. Which usually means he made her clean her room.
I was looking for a comment like this. There must be a reason he wants to cut her off; be it rebellion, disrespect or anything else. She should have her money by all means but I'd like to know what she did to dad.
You're kidding right. This is financial abuse. It's her money she's worked for. You cannot withhold money from an adult even if they're your child. That is theft. You're disgusting. What she described lying, stealing, etc is not just "making her clean her room."
@@LoveOnTheEdge1705 @sopapilla9512
You're both assuming she's being truthful.
alanm500 was right, if someone starts by claiming abuse, or hedging for things to be one sided, be very wary of what follows. Doesn't make it untrue, abuse happens, but liars happen too... and half truths happen, people often don't mention their fault in things, but many will be quick to blame others for the outcomes.
That money is long gone
Damn, I didn't even know a student legal service was a thing.
"You might talk to your mother that way, but no one talks to my wife that way and lives" -Dave 😂💯
Nah, something not adding up.
I suspect there is way more to the story. Most likely Dad knows the daughter isn't financially responsible and is trying to protect her. Sometimes u gotta let them learn on their own
Also, on the new account, be sure to set up beneficiaries.
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Unless he has spent it already and there is nothing left.
How this girl got into college in mindboggling!!! She’s not too bright!
Most people ik that went to college sound just like her. College is not an indicator of intelligence at least not anymore 😂😂
Geez. Give her a break, she’s a kid!!! She’s smart enough to call Dave. 🤷🏻♀️ Heartbreaking. Her dad is shady! Dads are supposed to protect their kids.
she sounds emotionally spun up by the situation she's in with her dad and on top of calling into the radio...she could be nervous. not a true indicator of smarts.
Legally required to provide me with a car in the divorce. 🤯 Wow.
We are going only hearing ine side. Love to hear his. Maybe shes misbehaving and doing drugs catching DUIs.
Shouldn't they try to explain how banks work instead of directing the kid what to do
You're right! They have no idea what really is going on with this $.
In Switzerland if You inherit something, it can still mean that there is another beneficiary who gets the asset first. The beneficiary has obligations to maintain the value of the inheritance and not to sell it or consume it that afterwards nothing is left of the inheritance.
I'm sorry that you're going through this, and I'm sorry you're going through this.
As a parent this story is making me livid. How could a father treat his kid like this, literally stealing from a teenager.
but we don't know both sides of the story...
@@dacokcThere aren’t two sides. He’s a thief.
@@ceciliapetrowsky2572 all we know is he doesn’t trust a 19 y/o with the money. for all we know her name is on a brokerage account that she just hasn’t interacted with..
My mom did the same to me, still makes my stomach turn thinking back on it
@@ceciliapetrowsky2572 you don't actually KNOW that though. You're making assumptions based on one side's story.
I work for a large financial institution once you are of age 18 some states 21 you can have access you need to visit a local bank and get some answers
I had my own account at 15. My parents were not on it. That money is probably gone!!
What financial institution would open an account for a minor without a legal adult on the account?
Exactly. None. You legally have to be 18 to have a single account.
@knottheory79220 I'm not the person you asked, but Bank of America opened my savings in only my name as a minor in 1997. They did say they couldn't do a checking with a visa debit because it would have established credit for me as a minor, because of the option to choose "credit" when doing a transaction. Don't know about the rules now, though.
@boring_elderly_millenial I've been in banking for many years (going back to 2001). No established bank will open an account with anyone under 18. It's because if you overdrew the account, legally they couldn't pursue the debt. I'm calling BS...
@3:00 He sent her "pictures" of the bank statements. He could have made sure that the name of the bank wasn't in the pictures. She may not know what bank the money is in.
My roommates dad stole everything from her savings account while she was in college. It was awful.
We're just hearing one side of the story. The reality may not be anything like what she is presenting.
Good advice.
Before closing out the account, get/print copies of the statements including yearly tax forms.
It's extremely unlikely that the daughter's name is also on the father's "investment" account (which probably doesn't even exist). I wish DR had addressed this situation from that perspective....my guess is the father somehow used the money as part of the divorce.
@Minimalist-Lifestyle which means (if that is the case) that her dad just stole her money from her. So sad if he did that to his own daughter.
Exactly! I don’t know Dave didn’t think of that.
This sounds like financial abuse. I'm not sure why she has not checked the statements yet? I would close out the joint account and open her own account, credit unions are willing to help with that easy.
She’s just a kid, I can imagine she’s worried about upsetting him further and she sounds like she’s been gaslit for years. I hope she gets her money and her mom forces him to get her a car, as in the divorce decree
I wonder if this was one of those student bank accounts that can be opened up through a parent. I had an account like that, and I put money in as a kid from doing odd jobs around the neighborhood. My dad took that money from that bank account to use himself around the time my mom divorced him. I don't know know how banks handle the transition of that account when the child becomes an adult, but it seems like he would be the primary account holder since he was in the first place.
This whole situation sounds off, but maybe it was never a student bank account in the first place and just an account in her dad's name (if she is telling the truth). There is no teling.
What your dad did to you was crummy. That is not a dad in my opinion.
I would go and take care of any/all accounts on the same day so that the father wouldn't get wind of it and get ahead of her on some of those accounts.
I find this weird in that she said that she never looked at the statement(s) her father gave her. Seems obvious so I think she is hand waving a bit on that and is making that up. I suspect that the investment account isn't in her name at all and if there is a statement if may be hand made that her father drafted up -- if it even exists -- after all why not look at it?. If there is a hand-made statement though that may be legally binding so talking to a lawyer might help if asking him for a check is refused.
There are two sides to every story……I have a feeling that her side is not entirely the full truth…..I just get that feeling in this one. And if she goes to St.Lawrence University they do have student services that she can get answers. I grew up next to SLU.
SLU is crazy expensive. Like 50k tuition.
Somebody has some major money.
dad is probably a financial guru and the girl is is a clueless child...
Your right. Evidently she is not sure what is going on...doesn't even look at the statements he sends? Give me a brake! She just wants that money to waste.
@@palady1486 yup…. And those TSwift tickets are expensive!… need that money!
It's possible that he opened a custodial brokerage account for her, in which case the funds may not be available to her until she turns 21.
Odd for a court to order a parent to buy an adult child a vehicle...that just sounds super weird to me
It's possible that the money no longer exists. People who lose money meant for others can get pretty creative in producing proof that the money is still there.😮
What kind of divorce do you have to buy a grown child a car 😂
Probably was decided before she turned 18
Possibly, he agreed to that instead of providing health insurance. Or, maybe he drug out the divorce trying not to pay child support and the judge ordered it.I suspect you are a man who thinks the ex-wife spends every penny of child support on herself. In reality child support is such a small portion of what it takes to raise children.
Kid needs to text her dad a few times, where she has something in writing with her dad acknowledging it's her money. Then if she just can't take the money out of the investments, she needs to sue him in court.
Her dad sounds a bit like a con artist.
Maybe he is honestly investing it and preventing her from blowing it all on a spring break vacation?
@@zvmZvm0102 But if he's decided he doesn't want a relationship with her, he's forfeited control over her money and her life.
Tiffany, is that you?
Poor girl, she needs financial advice and no one is there to support her. And she had to call a TV program to seek help.
If he moved it out of the credit union then it's not in her account or a joint account with her. As others have said. This is just a good lesson to learn early. Manage your own money.
And this describes exactly why joint accounts are a bad idea!
Sorry, but I think the girl is lying and/or trolling. I don't see how you don't know what's in your bank account, much less never see your statement. We got banking/credit union apps these days that tell your bank account in real time.
I know right. Every teenager know how to use their phone and use apps. And you're telling me she don't have a basic app for her account?
Because she is young and hasn't had to worry about it until recently. I didn't care about my accounts either until my early twenties.
Caller: I don't know where my money is!
Dave: Did you look at the statements your dad sent you?
Caller: No.
Me: ...
I question young people these days.when they say someone is abusive they sometimes over exaggerate. Always two sides to a story .
The over is unnecessary as exaggerating already means making things worse than they seem.
Dude probably pays all her bills, tuition, dorm, food, car payments/insurance. and now she wants her “savings”. Her story hardly makes sense. They had to pry to clarify if it’s her money or not.
I fully supported myself and am doing well. 24 years old btw.
Good that you're learning this lesson so young. You are a legal adult. Open your own account. Do your own business! Even if your dad knew what he was doing, and he does not, it doesn't matter! You need to learn.
I think they went for the easy option. What about the money hes been investing for years ? Even if she can access the account, which I don't think she can, she will lose all that
Good comments here but I agree…we are only hearing one side of this story. I really hope her father wouldn’t steal from her.