A woman is debating whether to use money gifted to her children to ease the financial burden after Christmas.
“I feel really guilty…I really don't have any other choice,” the mother admitted.
Typically, she deposits gift money for her children into her own account before moving it to her children's savings.
But this time, he's considering holding onto that money for a few weeks to get by until his next payday.
“It's not the first time.”
“Should I? Or is this just terrible?” she asked.
Her alternative is to use a credit card, but she doesn't want to do that.
“I'm not good with credit cards,” she confessed.
She participated in parenting forums to share her financial struggles and explain her dilemmas.
Many forum members thought there was nothing wrong with her plan as long as she promised to pay the money back.
One parent said: “Make sure you set a deadline and don't miss a payment. Otherwise you'll always be like, 'Oh, I'll pay it off next month,' and you'll end up stealing money. ” he advised.
“Good luck. I'm sure they'll benefit from it anyway,” another person wrote.
A third said: “You're not the first and you won't be the last.”
“They won’t get their money back.”
However, some criticize this idea and raise potential problems.
“What if you want to use it in January? You have to tell them what you did then,” suggested a comment.
“You won't get your money back if you do that. There will always be another reason,” another person wrote.
The woman said she had never thought of borrowing money for her children before, but times are tough.
She admits she's leaning toward living off credit cards, but she's nervous.
“Once you start, you can easily spend a lot of money, so I don't want to spend too much,” she explained.
“If you have $200 in your account, that’s it, but with a credit card you could potentially have hundreds of dollars available.”
