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For stopping my sisters allowance

77 replies

Raynaodld · 19/02/2026 00:19

I hate coming on here having a moan but I am slightly irritated. So I become a single mom and was put out on the streets by my ex partner. I’ve had to build my life back up from nothing with two toddlers in a very vulnerable position. I’m happy to say I bounced back on my feet but I spent years unhappy in a financially and emotionally abusive relationship that I felt like I had to stay in because I had no options. After hitting rock bottom I decided I was never going to be vulnerable again and started making plans to invest in my kids and I’s future, ensuring long term security. But after what I went through I realised I don’t want my two sisters ever in a spot where they feel stuck. They are young (there’s a big age gap between us.) So while also skimping to save for my kids I told my mom I would give them both £40 a month to tuck away until they are 18. I specifically told my parents not to tell them as kids don’t know the value of the dollar. My family were never taught financially literacy; I had to learn by myself and didn’t even know what a credit score was until I was well into my 20s. Had to learn on my feet. My parents are in their 50s and still rent. They don’t have any assets. If anything happened to them my sisters would be very unfortunate. Well long story short, my sisters messaged me today saying how happy they are with the money they received and are spending it on Roblox! I am so angry as I could use that money and save for myself or my kids but I want my sisters to be in a spot to buy a car or have money towards school or a house when they are older. (Whatever little helps.) I am thinking about stopping these payments and telling my parents they will have to save on their own. They never helped me financially and believe kids should learn for themselves while also not having anything to show for their own work so I doubt my sisters will be well off.

OP posts:
Twooclockrock · 19/02/2026 16:42

Raynaodld · 19/02/2026 00:34

I was told they had savings accounts and this is where I believed I was transferring it. My mother said she would put it in there if I gave to her but I was clearly misled as they are spending it on video games and pizza!

Ask for the savings accounts details. Boyh my kids have junior isas which is the type of savings accounts you should be putting it into and they have clear instructions for anyone wanting to put money in, in the app. So if you want to continue then ask for the savings accounts details and make sure it is a junior isa for them to access once they turn 18. Or save it yourself for them

Inevergotthatfar · 19/02/2026 16:58

Open another savings account in your own name and save it all there. Find a long term savings account with a good interest rate if you don't make withdrawals (smaller building societies are good for this). Even if they did have savings accounts in their own names, they can access it all at 18, which is still young enough to be irresponsible with it. Or they could make withdrawals younger than 18 if your Mum goes to the bank with them or it is an account with a withdrawal card. If you want to control what happens to it, keep the money in your own name and hand it over when you think they are ready to be sensible with it.

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