Posts by wearyowl17

I forgot to mention—I used part of that savings withdrawal to pay for a room, and then I took what was left and opened a new checking account over at Chase. I put a few thousand bucks in there to start. My paycheck actually goes into a different bank, but I set up an automatic transfer so they’ll pull $100 every month and drop it straight into this new Chase account. It’s basically acting as a little savings fund... does it even matter if it's technically for my daughter or just for all of us living here? Honestly, after that last disappointment with the savings account, I’d rather just set aside a bit every month into this new account and leave it alone. It doesn't matter if there aren't any incentives or interest rates—the main thing is that the money is accessible whenever I or my daughter need it via card, or whoever else in the house needs it. What do you guys think?

George Chavez2 said:With the recent updates to family law, a huge number of parents have found themselves in a really awkward spot whenever they try to withdraw money from their child's account.
Basically, the law states that as a legal guardian, you're only allowed to withdraw up to $910-$310, depending on the specific bank and the kid's age. If you want anything more than that, you're forced to sit down with the ladies at the Department of Social Services and justify exactly what you plan to spend it on. Our experience was honestly pretty terrible because the social worker took it upon herself to "dig" into our private lives, asking all sorts of questions that had absolutely nothing to do with the actual request. In our case, we were dealing with funds deposited into the child's account as compensation for an accident. Because of that, I REALLY want to chat with anyone who is in this or a similar situation and is looking for a way to resolve the "problem" without having to go through the DSS. We actually managed to get part of the funds approved through the Department of Social Services, but we were able to withdraw the rest ourselves without any interference whatsoever. Feel free to shoot me a DM if you have questions. Cheers! 🤷🙂🙂 🙂🙂🙂🙂🙂

We wanted to withdraw our child's savings after five years, too. We went to the DSS and the same bank a few times—mostly we had to get a pro forma invoice from a store to prove we wanted to buy a bedroom for the kid. Once they finally accepted it, we got the solution and withdrew the cash... but about a month later
I opened a new contract today at Bubi Spar for the kid, another five-year term, and I have to deposit $67 every month—though I can do more or less if I want. But after I finished everything, the lady handed me a receipt for $117 just to open the contract. Of course, I didn't realize that at the time. Does that money come back? And did anyone else run into issues withdrawing savings from Bubi Spar? Like, issues with the Department of Social Services or whatever? Should I cancel before it's too late?

How do you actually help someone struggling with depression? Everyone around her is noticing how off she’s acting—she’s pushing everyone away, shutting down, and refusing any kind of support... We tried suggesting she see a specialist, kept it really gentle and tactful, but nothing works. There’s just no progress. It’s getting worse by the day; she won't listen to anyone. We want to help her so badly, but we're stuck. We’ve been trying to be patient since she’s younger, and honestly, she blames us for everything. She keeps telling us to leave her alone and insists she’s fine, but it’s obvious from the way she’s acting that she’s completely broken—just sad and defeated. She’s developed this aversion to everyone and refuses to talk to anyone.

What should we do??? A worried friend