So DD is 19 - on gap year and going to uni. Earned a lot of money working 3 jobs and saving like mad and didn't get to go on the travel part of her year. So has quite a bit of money saved.
Chatting yesterday about where she could put her money over next year or so, so earns interest etc. She raised it , I mentioned a few options and said I'd help her research it a bit. She was quite surprised by differences in the accounts/interest rates etc. She said wants to make sure it's there for future travel etc. She's treated herself to a few things - Apple Watch, pair of expensive trainers, AirPods. And said she was t going to get anything else now. Discussed all these with me saying she was going to do it. For Apple Watch she worked an extra month in a job specifically to earn it so she didn't go into her travel money. She's now stopped work.
I came across her bank statement today and shouldn't have looked but saw her balance which is much lower than it should be. Couldn't help myself and looked at full statement.She has received payments of £870 from a friend/ex brief boyfriend over last 4 months. So looks like she has lent him a significant amount of money? And she has paid £450 in total to 3 different betting sites in the last 6 weeks.
So either she is betting herself (she's done lottery and scratch card before but never betted as far as I know) or could she be paying in for this guy? He's been paying her over much longer period than the betting sites. Though so maybe unrelated. Is that likely or is it more likely that they are 2 different things? Don't know how betting sites work ... assume it's her as you could pay into someone else's account?
I know I have stepped over line in her privacy. I didn't go looking (but I did look in detail once I saw amount). I do not intend to speak to her about it directly. But I scared for her and what she's got into. Just trying to figure out what it could be.
In my mind she's either lending him money - he would know that she had a lot and she would want to help him. He's older and working in restaurant . Been furloughed... been paying all through lockdown. So feel like he's taken advantage and she's been a bit naive. But that said, she'd say he's a friend and needed help. That I can get my head around. Not something I really want her doing but her money her choice as long as not been bullied into it.
I'm much more worried about if she is gambling with these huge amounts or if he is and she's somehow funding him.
Am I missing anything? Could it be anything else?
I have no idea what I can do. Probably nothing directly.