Flying mermaid
Senior Member
- Joined
- May 20, 2011
- Posts
- 6,125
- Qantas
- Platinum
it is called the Bank of Mum and Dad these days . Ms FM is currently paying off her honeymoon, her husband is paying off a car and so is Dr FM. We don't mind though - a practical way of giving them help, which saves on interest for them. They are very rigorous about paying us back.haha just remember you will still be the ATM machine long after they are able to fly the coop.
Dr FM saw her accountant last month and told him her car was written off and we had advanced her the difference to allow her to buy a new one, without her getting a loan. He was very enthusiastic about the concept and suggested she use that form of financing as much as she could . I really like what I have heard of her accountant - he is trying to get her to buy a second property as he feels she fritters too much money. .