Times It’s Okay To Ask Your Parents For Money

October 30, 2019  |  
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asking parents for money at 30

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It’s never easy to put your pride aside and admit that you need a little financial help. It can be especially difficult to ask for that help from your parents. Doing so can leave you feeling like all of the hard work you’ve done to become independent was for nothing—here you are, asking for cash from mom and pop again, just like you did when you were 12 years old. But, don’t look at it that way. Your hard work has not been for nothing. In many, many ways, you’ve supported yourself. You have been independent, and taken the financial burden of your regular expenses off of your parents (I’m assuming). But there are some irregular expenses life throws our way that almost no regular human who isn’t a millionaire could handle on their own without a little help. Especially when you’re still young. Here are times it’s okay to ask your parents for money.

asking parents for money at 30

Source: FatCamera / Getty

First, know they asked theirs

There is a very, very good chance that your parents asked their parents for financial help once. So if you’re feeling guilty thinking, “My parents were able to make it all on their own, why can’t I?!” that probably isn’t true. Older generations tend to have significantly more money than younger ones because hello compounding interest on investments. I bet your grandparents gave your parents money a couple of times.

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