oh ffs. ds and money.

[ThatVikRinA22]

DS, aspergers etc etc, 18 years old - found his bank statement - says he is 259 pounds overdrawn and he is incurring bank charges.

he is annoyed with me cos i read his statement. im fuming.
he is sticking fingers in ears and wont let me help him with a budget

how can i teach him about money? he is driving me insane.

he is at college and only works part time. i think im going to lose it with him before much longer

Hi Vicar,

He (and you) have done so well recently, remember that!

Does he have any income, to pay this off? My DD has a bank account where it is impossible for her to go overdrawn - was her suggestion, but huge sigh of relief! Would it be possible for you to investigate that for him? If you spoke with the bank they may freeze the bank charges, rather than add any more.

Personally i would step in and help, even if he disagrred because debt can be such a bind. But then, thats me...... If possible I would pay off the overdraft, then get him to pay me back. I know I will probably be flamed for saying that, but stil......

Hope it all works out for DS. Last time we "spoke" on here, DS was goign to be doing some computer work for someone, has that materialised?

As for teaching him about money, could he be given a certain amount to last each week, or even each day to start with,m then build it up over a period of time?

Sorry, not much help, but just wanted to come and give you a little support.

DH stepped in. he sat and worked out a budget with him - i get too annoyed to be any use.

he has a job. its part time, but he has a regular income of 250 a month plus whatever else he picks up - he picks up quite a bit of work and it annoys me that he is so lax with money.

he has earned good money since Aug last year - he could by now have had a car, a computer, all the latest gadgets but instead he fritters it away on crap.

im not bailing him out. ive done it once and im not doing it again.

he now has a budget(courtesy of DH) and he is quite capable of understanding it. its now up to him. he has nothing to pay for except his phone, and things of his choice. i charge him nothing for board, food etc. so im going to be a hard nosed bitch im afraid on this one and let him pay his own debt, or i fear he will never learn.

but i should have thanks for the support - not many people reply in here! so thanks for that anyway.

he has £100 to last the month. if he sticks to that he should be out of debt by next month, he has a job in scotland he should get paid for but he needs some money to get up there....

Good on you!! I hope he gets to grips with it all and learns from this. Better a couple of hundred debt, than finding out its gone into thousands!!!