When a 50-year-old widow inherited a fortune from her late husband, she and her 16-year-old daughter decided to chase their dream of living in a beachfront Malibu home. But after a series of financial missteps, the mom finds herself in a dire situation, with only her daughter’s college fund to save the day. She decides to liquidate the fund, causing a major rift between her and her daughter.
Inheritance and a Dream House
A Big Move to Malibu
Unexpected Costs and a Furious Lawyer
Money Manager Mishap
Dwindling Finances and Desperation
The College Fund Dilemma
A Tough Decision Made
Liquidating the College Fund
Daughter’s Heartbreaking Reaction
Mom’s Financial Fiasco: Saving the Dream House or Destroying the Future?
After inheriting a fortune from her late husband, a mom and her daughter move to their dream home in Malibu. But poor financial decisions and unexpected costs leave them in a tight spot. Desperate to save their home, the mom liquidates her daughter’s college fund, leaving the girl devastated and furious. With her father’s hard work gone and her future uncertain, the daughter declares she won’t be supporting her mom in retirement. Will their relationship survive this financial fiasco?
RELATED STORIES
“YTA. You drained your daughter’s college fund for a dream house.”
OP’s poor financial decisions and selfish actions make them the AH
“YTA. No offense but really? Comon. You believed that?”
“Hopefully the daughter gets a hold of dad’s lawyer and works to sue you.”
“YTA and fabulously incompetent with money. Sell the beachfront house!”
“Apex Boomer” drains daughter’s college fund for dream house
YTA for draining college fund for a vanity house
YTA for draining college fund, but options to rectify
Mom drains daughter’s college fund for dream house
YTA drains daughter’s college fund, leaving her up a creek
YTA – Daughter’s education fund drained for dream house?
Sell the house and secure your daughter’s future! YTA
YTA: Dig yourself out of the hole and save your family
YTA. Sacrificing your daughter’s future for a beach house? Shameful.
“YTA – Negating hard work & financial decisions. Impulsive bad decision.”
Daughter furious after mom drains college fund for dream house
YTA. Squandering your daughter’s college fund for a dream house
Financially illiterate mom squanders daughter’s college fund. Disgusting YTA
YTA drains daughter’s college fund
YTA. Draining daughter’s college fund for dream house
“YTA, Your husband set you up financially for life “
♀️ OP’s financial choices: from bad to worse!
