'I made my son pay me back with his uni savings – he needs to learn a lesson'

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Drama

A dad was left wondering whether he was in the wrong to make his son sign a contract over a loan - and when he held him accountable, both he and his mum were 'upset'

One dad decided to teach his son a valuable life lesson about money and investments, even if it meant causing a bit of family drama.

"I told him that I would loan him the money but that if his investment didn't pay off then he had to pay me back from his education fund. I figured it was safe since he can't get the money unless he is in school. We wrote up a contract for the loan including nominal interest." The dad added: "I asked him how much money would be in the account if I had let him invest it? He didn't have an answer".

 

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