Can your parents take your money at 15?

It’s not illegal to take money from your kids in most cases, although, of course, there are exceptions, like if the child’s money is in a specific trust and you abuse the funds. Simply confiscating your child’s funds sends the message that it’s okay to take whatever you need.

How do you convince my parents to let me spend my own money?

Make a case! Show them that you agree with them and want to save money but you also want to freedom to buy what you want. Show them how much you will have saved and give them a few examples of the things you want to buy. If they say no then work on the \%, negotiate maybe 75\% in savings.

How can I convince my parents to give me an allowance?

If you are 13–17 try to talk with your parents, ask for a allowance or something similar. If you are 12 and under, just wait till your 13. This is tough because they obviously want the best for you and want you to save money but not letting you spend any is a bit excessive.

How do I convince my parents to let me save money?

Show them that you agree with them and want to save money but you also want to freedom to buy what you want. Show them how much you will have saved and give them a few examples of the things you want to buy. If they say no then work on the \%, negotiate maybe 75\% in savings. Good luck! Leave. Get out. Run away. Get on your own.

Do your parents have to give you permission to use their money?

They don’t have to give you permission to use your own money. You do what you want when you want how you want to do it and their station in life is to stay the hell out of it. You’re an adult, stand up and act like one. Finance – is most often a topic rarely discussed and myriad of mystery.

Do your parents have a say in how you spend your money?

But(Continue reading) Since the money is your money they have no say in how you spend it. They don’t have to give you permission to use your own money. You do what you want when you want how you want to do it and their station in life is to stay the hell out of it.