u/ExcitementRich3435

So, for some context. I’m now 20 years old. My grandmother made a college fund for me when I was 5, and put 150k in it. No contributions were ever made by my mother or father. Just that initial balance from my grandmother. Which I appreciate very much and I’m insanely grateful. Anyway, My mom is notoriously horrible with money. She’s a part time employee making about 70k a year. She doesn’t work part time for health issues, she just doesn’t feel like working any more than that. My grandmother separately sends my mom around 80k a year, and my uncle is currently paying our mortgage for the house my grandma purchased my mom. Which was originally in full but she decided to take out a 300 thousand dollar loan…. Anyways, I’ve been prying to try and get a meeting with the company that holds my 529 account as I’m extremely money conscious. The last time I checked my account, I had 158k. This was in May. Already, I knew something was up. You don’t have anything invested for 15 years and only accumulate 8 grand. In the meeting I had with my college fund advisor, I was told I have 121k. She has taken 37 thousand dollars from me since June. I was already horrified. I downloaded the app and checked the transactions of withdrawals since October of 2024. I can’t go any further back. It totals to 121 THOUSAND DOLLARS. I’m extremely upset. This money was supposed to get me through all of my schooling, and I was planning on adding in several Roth IRA contributions and using it to start off my adult hood. Am I in the wrong for being so upset? This was never my moms money, it was my grandmothers and she gave it to me. For some context, I’m so worried about my financial standing that I’m doing schooling online and taking part in several internships so by the time I graduate I’ll be able to live a life I want to live. And I’ve been doing this since before she has taken over 80 GRAND from me. I haven’t talked to her about it yet. But I’m furious. My grandmother will not give me any more money, everyone is already getting fed up with my mom. So I don’t know what to do. I feel like I could have finally felt relaxed if my mom has never stolen my money. I honestly don’t know what to do. And this is only the money she’s taken from me in the last two years.

So my friend and I want to invest $200 each, just to dip our toes into investing. I opened a Robinhood account so I’ll probably be investing there. I don’t need the $200, would be cool if it made money but I’m not going to be mad if I lose any. Anyway, we’re not sure where to put it. Any suggestions? Where would you invest $200?

Hi, just for some context im 20 and I have a twin brother. I’ve been working since I was 16 years old. I’ve had several jobs throughout the years and have been supporting myself since I graduated, so about two years. I have to pay for my own food, groceries, gas, etc. my brother has never worked a day in his life. He isn’t even in school currently, he just hangs out and does nothing all day. He has always been the favorite with basically every single family member. My parents give him a monthly allowance of $500 plus he has their credit card on hand 24/7. Throughout April he rang up almost $4000 on that credit card and they refused to even have a conversation with him about it. And that was just April alone, he spends thousands on their card every month. Just for some context my father is unemployed and my mother does not get paid well. We CANNOT afford this at all. At this point I’m extremely fed up. I decided that I was going to have a conversation with them about how unfair this is to me. I asked if they could give me some money from his portion of money that a family member gave us when we were little, our parents are the only ones with access to that money. They don’t even want to give me $10k. Not only have I been supporting myself for 2 years but before that they paid for his vacations and concerts, while I did non of that. Honestly the difference in expenses right now is looking upwards of $60,000. I wasn’t even asking for that. I want to ask for $25k, regardless of them being nervous about even doing 10k. I don’t really know what to do. I’ve told them to stop giving him money, they won’t. I’ve asked for money but I never receive it because “I have a savings”, even though it’s only about $20,000 and the only reason I have that money is because I’ve been working for years. To be clear, I’m not asking for the money from them, because they can’t even really afford to pay off the credit card bill atp. I’m asking for money from his account.

Do you have any suggestions on how I can ask for the $25k? Do you think I’m asking for too much? Am I being unreasonable?