She set up a college fund for her youngest daughter, 17. There is currently enough money in the account for her daughter to pay a lot toward tuition for a two-year community college, especially when they account for the scholarships and grants her daughter will receive.
Her daughter has been applying to four-year universities, knowing that she will have to work while going to college, and she’s planning to also take out student loans.
Once her daughter hears back from the schools she’s applied to, she’ll be able to make a choice on whether she wants to go to community college or a four-year university.
“The other shoe dropped after my older daughter’s landlord found out that they were having her boyfriend’s brother and girlfriend living in their one-bedroom in exchange for them helping with rent, and they got evicted,” she explained.
Her daughter acknowledged that it was a mistake to do this behind their landlord’s back.
Also, her daughter’s boyfriend received a job offer a state away from where they currently live, and if he accepted the job, their family would have to move away from all of the loved ones they rely on for help.
Her daughter and her boyfriend reached out to her, asking if she could give them some money so that they could get on their feet and not have to worry about moving.
“I was torn, but seeing my grandkids, I knew my duty was to care for the most vulnerable in the family,” she shared.
“So, I will be making calls to liquidate my daughter’s college fund, saying yes to understanding the penalties, and I told my daughter this.”
“She got very cold and said, ‘You always brag about having a good memory. I hope you remember this moment, then.”
Since she told her youngest daughter she would be liquidating her college fund and giving all of the money to her oldest daughter, her youngest daughter has not talked to her.
