Charging kids interest

[ToraMama]

Parent A has leant 11 year old DD a fiver to go to a bake sale at school. Parent A wants a cake in return and the money laid back. They think this is an important life lesson in managing money. Considering that child receives an allowance of £5 a week.

Parent B is against this and thinks it’s just a cost that comes with a part of being a parent and they should just be given the fiver and that’s it.

whos being unreasonable?

Parent A is a dick.
My 11yo DD has a cake sale tomorrow, I've given her a fiver and told her to also buy any friends who forgot their money a cake too.
Wishing she was at school with your poor child!

Parent A needs to re-evaluate why they had kids. They are an absolute prick. The child is 11.

Ds1 borrowed £8,000 from me, it didnt occur to us to charge interest.
We were trying to support him and not make things more difficult.

Yeah, I always tell mine that if someone else hasn’t got any money for the cake sale then they’re allowed to buy their friend a cake. Partly because they’re usually for charity, and partly because it’s horrid to be the kid who can’t take part.

B is a Dick

We don’t know if you’re A or B, so how can we vote on if you’re BU or not?

A is dad
B is me

I have mixed views on this. Yes, children need to learn that if you borrow money, it comes at a price. A lesson I’d happily teach my children if it was eg a pair of expensive trainers. (although to be honest mine were brought up that they couldn’t have them until they had saved up for them or at most borrowed half).
But charging interest on money for a school bake sale is a bit off IMHO.

11? There’s plenty of time to learn how to manage money. Aged 11 at a charity cake sale isn’t the right time or place.

Parent A has some mental health issues, I suspect.

Parent A is being a fucking arsehole.

That in a nutshell.👍

Does he not like his child to experience simple pleasure and joy without ‘conditions’ attached? I just couldn’t parent with a man like this.

Does dad expect him to pay for his own school trips, lunches, uniform and dress down days too? This is not a life lesson, it’s shitty.

Fine to ask for a cake to be bought especially if £5 will buy a few cakes. But I would give the child the money they need for school rather than expect it back.

A slice of cake or a whole cake?

It's unclear whether this is 100% interest or 5%, therefore voters don't know what they're agreeing with (which, to be fair, is the usual way of things, but still...).

parent A is a twat.

Oh heck, sorry I meant A is a Dick
Apologies to you OP (B)

Poor kid.

A bake in school? YABU.
It’s not for a toy, or something beyond pocket money.

Further to add, a bake sale in school is for charity. The dad wants to tax a charity donation. There’s a flaw in that logic.

Parent A is being an arse. School bake sales are usually for charity or the PTA so I’d always bung the kids a few quid for them!

Bake sales are not really about cakes though, they are about donations to good causes with a sweet incentive. I think there are better ways to each about money. Parent A sounds miserable.

Is it something to do with "you can't have your cake and eat it" ❓🍰
Person B is correct.

Parent A is ridiculous