Sage-Tips

Is it okay to ask money from your parents?

Not only is it okay to ask your parents for money to help pay for a wedding, it might be important to do so. Stop seeing how much it will cost a fast food place to cater your wedding because it’s all you can afford on your own. Let your parents pay for a bit, and let them have some say. It will make them happy.

How do I ask my parents for allowance?

Don’t tell your parents that they “have” to give you an allowance. Focus on using “I” statements. This keeps the focus on you and why you deserve this allowance. You could say “I have been doing my chores, and I feel like I could earn a good allowance.” This is much better than “You need to give me a good allowance.”

How do I tell my dad I want money?

When asking parents (or anyone, really) for money it pays to be up front and speak plainly about your needs. Pick your moment well, but don’t catch them off guard. Warm them up by mentioning casually that you’d like to set some time to talk about finances. Then say, “I feel (x time, day or event) would be appropriate.

Should you give money to parents?

Current means: Giving money to your parents makes sense if you are in a situation that allows you to budget a set amount to send them each month. Don’t go into debt to support your parents—you’ll put yourself at a financial disadvantage even if it helps them.

Is it rude to ask about inheritance?

A: Generally, you don’t ask. If you’re really close you may say to a parent, for example, “If nobody else wants it, or you really don’t know what you want to do with that great desk, then I’d love to have it.” But again, only if it’s not going to seem that you’re being selfish or inconsiderate of other family members.

Why do my parents not give me an allowance?

If your parents have the funds but are holding out on you, it might be because they don’t believe in giving kids an allowance just for being kids. I mean, your parents probably have to work for the money they have. Maybe you can propose taking on additional chores to earn some money.

Is it okay to ask for allowance?

An allowance is an ideal way for you to have a little financial independence. It is also a great way to demonstrate to your parents that you are responsible enough to handle money. There are several steps you can take when asking your parents for an allowance.

What should I do if my parents ask for money?

Accept their stipulations. Asking for money is a big favor, and your parents are entitled to making a few stipulations. They may say that they’ll give you just a part of what you’re asking for, or perhaps they’ll say they can loan you the money if you pay it back within a short time.

Should you ask your parents for donations?

There is nothing wrong with wanting a few bucks to get milkshakes with your friends or go to the movies. A parent is more likely to give you money to fund an activity they support (something school-related, an educational trip, a reputable event, etc.). After all, this is the same rationale nonprofits use asking for charitable donations.

Do you say thank you when your parents give you money?

If your parents decide to give you the money, it’s in your best interest to tell them thanks. If you’re over eighteen, your parents are no longer obligated to support you financially, so the money they hand over is a gift. If you want to go above and beyond, you could even write them a thank-you note.

Do you have to pay back a gift from your parents?

Even though it is Mom and Pop, even if they can totally afford to give you thousands of dollars, you should aim to pay them back. The exception is, of course, if they give you money and tell you it’s a gift. If the word “gift” doesn’t come out of anyone’s mouth, either ask for clarification or assume it’s a loan.