What should I do? Loaned my parents money, how do I go about asking for it back?

My parents are going through really rough times, but so am I. And I%26#039;m a single parent working and going to school. Over the last 8 mos. I%26#039;ve loaned them $1,200 and haven%26#039;t seen any of it back. I have the feeling that they have no intentions of repaying me. How should I confront them?

What should I do? Loaned my parents money, how do I go about asking for it back?

The worst thing about loaning money to your parents is that when you ask them for it back, all they do is remind you of the sacrifices that they made with raising your. It is not your fault, you didn%26#039;t ask to be born.

I agree with most of the others. Let them know that you need your money, ask for it, when you know that they have some money. AND DON%26#039;T LEND THEM ANOTHER DIME.

What should I do? Loaned my parents money, how do I go about asking for it back?

unfortunately, there%26#039;s only one way for everything. just be straight forward. remind them that you lend them money, and politely explain that you are going through hard times and you need it back.

What should I do? Loaned my parents money, how do I go about asking for it back?

sorry for you

you are not gonna get it back,

they will say it%26#039;s for compensation to how much they spent on you when you were still a kid

deal with it, $1,200 not that much

What should I do? Loaned my parents money, how do I go about asking for it back?

Are your parents together or seperated ? .. This sounds really weird to me. Have they had a pattern of taking advantage of you through-out your life ? .. I don%26#039;t think they have any plan at all of giving it back to you .. Why did you loan it out in the first place ?? They are your parents and can take care of themselves.. let them get a bank loan. That is cruel to take it from you and not pay it back ASAP !!! Good Luck ! :)

What should I do? Loaned my parents money, how do I go about asking for it back?

Truthfully...Tell them that they said it was a loan and you are in trouble and u need the money repaid soon...If they don%26#039;t then never loan them money again.

What should I do? Loaned my parents money, how do I go about asking for it back?

hint around that your cash is running low and you need to pay some bills.

What should I do? Loaned my parents money, how do I go about asking for it back?

DONT, just plan ur future wisely so u will have financial freedom. im in the same situation, cept im a male, and im single with no kids....and ive given my mom more than 1200. She says that she will pay it back but i highly doubt. so now i do 2 things: 1) when they ask u for money say u dont have a lot/ less than what u actually have and 2) plan ahead cuz u know that anytime they need money they will ask u first. I confronted my mom about it, all that did was cause an argument....cuz if she doesnt have the money, then she cant give it back to ya. AND parents or not, they always make excuses......

What should I do? Loaned my parents money, how do I go about asking for it back?

You don%26#039;t. The number 1 rule about loaning money to family members is that you shouldn%26#039;t expect to get it back.

Besides, after spending what they did to birth, clothe, feed, and raise you, $1200 is just a miniscule drop in a pool.

Be responsible for yourself. If you%26#039;re not in the position to give your parents a relatively small amount of money, stop doing it. As far as the money you%26#039;ve already given them, consider it a gift and don%26#039;t give Christmas/Hannukkah or birthday presents.

What should I do? Loaned my parents money, how do I go about asking for it back?

1,2000.00 is a small amount of money to bug them about. You know they are having a hard time right now. Try to understand. The good lord will bless you and you will come out on top with way more than $1,200.00 worth. So be nice and kind and you will get yours, I promise. You only get one set of parents, years from now when they are gone you will wish they were here to lend even more money to. Don%26#039;t ever forget that.

What should I do? Loaned my parents money, how do I go about asking for it back?

Don%26#039;t expect any payment. This will just cause discord. Your mom gave birth to you, raised you and there is no dollar amount to compensate for that. $1,200 may be a lot, but really it is too little when it comes to destroying a relationship. I would mention it to them but if they tell you that they cannot pay you, then drop it and let it go. Helping someone you love may be a huge sacrifice but worth it at times.