Father Holds Son’s College Fund Hostage for Business Plan

A father has sparked a debate after admitting that he is holding his son’s college fund hostage until he creates a business plan. The father, who has almost $400k saved for his son’s education, said that he supports his son’s decision to start a business but wants him to take some Business Management, accounting, and law classes at a nearby community college. The father believes that this will help his son succeed in his entrepreneurial endeavors. However, his son has accused him of holding his college fund hostage and not allowing him to make his own decisions. The post has received over 22k upvotes and sparked a heated debate on whether the father is being controlling or just looking out for his son’s best interests. What do you think? AITA ?

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A father holding his son’s college fund hostage?

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Father holds son’s $400k college fund hostage for business plan ‍

A father is facing backlash for holding his son’s college fund hostage until he comes up with a business plan. His son has expressed that he does not want to go to college, but instead wants to use the $400k college fund to start his own business. The father has insisted that his son take Business Management, accounting and law classes in the nearby community college, which he would pay for out of pocket, before giving him the money. The father believes that he is doing his best to ensure his son’s business succeeds, but his son has called him and his wife AHs (a******s) for holding his college fund hostage to make him do what they want. What do you think? Share your thoughts and reactions in the comments below.

NTA father is trying to help his son make a wise decision

NTA. Son acting entitled. Dad generously set reasonable guidelines.

Investing in son’s business plan with college funds is responsible

Son wants to start a business, father offers class, holds fund.

Father withholds college fund until son shows responsible business plan

Building a successful business requires a willingness to do what’s necessary

Protecting college fund = looking out for son’s best interest

NTA. Giving an 18-year-old with no experience and no plan nearly half a million dollars in seed money is absurd. The son seems more interested in showing off than building a successful business.

NTA. Father requires business plan for son’s college fund, son now owns business.

Investing in a business without a plan? NTA says no way ‍♂️

Father defends decision to hold son’s college fund for business plan

Son’s lack of interest in skills is a red flag

Encouraging response to son’s business plan.

College fund held hostage for business plan, NTA!

Father holds college fund hostage for business plan, not the a****e.

College fund held hostage for business plan sparks tax concerns

Protecting your hard-earned money from your kid’s potential failure

Encouraging education before investment ‍

Parent criticized for holding college fund due to son’s entitlement. NTA.

Encouraging advice for budding entrepreneur ‍

Father may have a point, but son needs a plan

Father uses college fund for business, commenters approve

Support for father withholding college fund for bad business idea

Commenter dismisses entitled behavior with a rolling eyes emoji.

Supportive parent helps son start a business, gets criticized ‍♂️

Demanding a business plan for college fund: reasonable or excessive?

Savage! Son puts his dad’s business plan in its grave.

Putting safeguards on son’s college fund is a smart move

Reasonable request? Not the a**hole

Parents refuse to help with college debt, OP deserves reparations.

NTA, but consider setting up a trust fund for him

Father demands business plan for son’s college fund. NTA.

College fund held hostage by father, but is he in the wrong? NTA verdict.

Investing in son’s future with business plan, NTA says commenter

Secure your legacy with a simple update ‍

Supportive reply suggests asking for solid business plan and cost analysis

Father defends holding son’s college fund for business plan

Father holds son’s college fund hostage for business plan – NTA

Son wants to start a business with college fund, but needs plan

Collaboration between experience and education leads to success

College fund held hostage for business plan? NTA approves.

Take control of your future ‍

Investing in education vs. business: Who gets the funds?

Father puts son’s college fund at risk for cash.

Father with entitled son holds college fund hostage. NTA.

Encouraging responsibility or hindering independence?

Parenting balance: How much is too much or too little?

Father pushes son towards family business, but at what cost?

Parental tough love reigns! NTA prioritizing son’s future.

Father withholds son’s college fund for not pursuing education. NTA.

Investing in a business without a plan? NTA says treat it like an investor

Father holds son’s college fund, commenters doubt his motives. NTA

Son’s business plan: Steps 1 and 2 complete…

Father withholds college fund for business plan, NTA according to comment.

Father withholds college fund for son’s business plan, but OP is NTA for wanting him to fulfill requirements and gain necessary knowledge first

Father’s control over son’s college fund causes controversy ⚠️

Father withholds college fund, NTA says it’s justified

Stand up for your money and goals

Generosity prevails as father teaches son valuable lesson. NTA

Setting expectations for children’s future: NTA approves

Teaching financial responsibility

Last Updated on March 14, 2023 by Azka