Kids Room Tips

Is it wrong to ask my parents for $$ help for a remodeling project for small house b/c of new baby?

Hi there. I am wondering from the rest of the parents out there if it would be in bad taste to ask my parents to help us out financially for a remodeling project which would be to finish our attic to make it livable. My husband and I have a very small (900 square foot) two bedroom house. We are expecting baby #2 (we already have a 2 year old) here soon, and we are really tight on room. Our only option is to finish the attic for our room, but It's probably going to cost around $3,000. I'm not the mooching type (I've been working since I was 14, after that my parents stopped paying for my clothes and stuff, they havn't payed for anything for me since - no cars, insurance, gas, rent, gifts, tuition, absolutely nothing). I have a really good relationship with them, I'm just wondering what some of the other parents with grown children (I'm 22, my husband is 28) out there would do if there kid asked them to help them out with something like this. What do you think? Thanks a bunch! I've never asked for ANYTHING from my parents before, and they've never given me anything either. The friends that I graduated with, their parents paid for their college, bought them new vehicles, paid for their medical and car insurance, bought them houses, totally remodeled houses for them, bought them land, gave them huge wedding gifts, bought them all of their furniture, gave them very large amounts of money for savings accounts, paid for weddings, honeymoons and lots of other things. My parents never did any of that. I've always paid for everything on my own. My parents are in the financial position to do it. They pay for everything for my 20 yr old brother, they've bought him 4 cars and 2 motorcycles, paid for tuition, insurance and lots more. So that's kinda where I'm coming from. Thanks! As I said before, I HAVE NEVER, EVER, EVER, asked for ANYTHING from my parents EVER before!

Public Comments

1. I would never ask such a thing personally, but if your parents are in a position to help and you feel comfortable with it, there's no harm in trying.
2. i'm not a parent, but i dont think thats right. if ur living on ur own, with ur husband i think u should fend for urself
3. It never hurts to ask... they can choose to say no.
4. I dont think it's right.
5. It should be fine. I know I would help out my kids if they needed it and I was able to help them. My parents would help me if I was to ask them. Afterall, it is for something reasonable (grandkid) and your not blowing it off on a vacation or something.
6. I would not borrow from the parents because then they will think that you cannot afford the baby. If you need to fix up the attic save a little bit of money each month. Besides the baby will be able to share a room for at least one year before it realizes it is sharing with someone.
7. I wouldn't do it.... It isn't right. I am 23 my husband is 24. We have always done everything ourselves. We were the one who decided to buy a house, get married and have children. It is OUR responsibility to take care of things such as this by ourselves. Save up the money, take out a small loan. But don't ask for financial assitance. However, it wouldn't be bad to ask for a hand in doing the remodeling itself ( helping with labor part or decorating part of it) if you were planning on doing the labor yourselves. Add to edit. That is even better that you have never relied on anyone for anything why start now. Don't compare yourself to your brother. I don't know how HE is, but my younger brother (he's 21)is a mooch to the extremes and my mom and step dad pay for everything for him and each time they do, they get upset about it cause it is never taken care of and they will never see anything again if it was on a loan. However they tell me everyday how proud they are of me and my husband and they only wish that my brother could be the same way someday. Ok and to tell you something else........ IT really depends on the relationship with you and your parents. If they can afford it without having to get a loan or sell something, and without constantly reminding you about it (that is how my husband family is with each other-another reason we do things ourselves) then go for it. If they say yes. Make sure to give them a little bit back each payday until it is paid off so they know you are trying to pay them back the best and fastest you can. ALSO...... Even if they say not to worry about paying it back, do so anyways. It will show them that you are a much bigger person, more responsible and grown up than your friends or anyone else. It will also prove to tehm that they raised to right to be independent and know the value of something. (As I am sure they know they raised a wonderful daughter anyhow)......
8. Hi I am mom with grown children and as a parent we would do anything to help our kids. Ifasking for the money makes you feel uncomfortable then ask for a loan agreement make it long term so you don't set your goals to high since you have more expenses coming. You will still feel independent and self reliant and your parents will feel the joy of still being able to help and no future argument can happen over money if it is written out. Hope this helps
9. I think its a legitimate request - however, you know your parents best. Do you think they could swing it financially to give you the loan? Do you plan on paying them back? Do they have any hangups about loaning money? And if you do ask, just be sure both parties agree to all terms. Like if its a gift, make sure your parents are not expecting anything in return. If its a loan, make sure you agree to their loan terms. I just say this because money and loans can cause HUGE problems in families. My brother in law borrowed money from an aunt, and she then charged him interest on the loan (which he wasn't expecting) and they no longer speak. Good luck!!
10. Well its not alot of money. If you have a good standing relationship with your parents your gonna have another baby. It's like buying an a really nice crib. Good Luck!
11. Unless you absolutely can't live in the house with four people, than yes. But if you can fit both kids in one room and you in thte other, than why do you need it done? I personally wouldn't ask them..
12. Since it's a relatively small loan (it's not like you're asking for 100k), you are close to them, and you've shown that you're responsible, you shouldn't feel too uncomfortable asking for a short-term loan. You have to do what you have to do. Let them know why you're asking them, and promise that you'll return it. Even if they say no, it's not too much money, so you can get a loan from the bank.
13. I am 26 my hubby is 30, we have had allot of help from my Parents. They LOVE helping us and our kids.. we are family! I don't think there is anything wrong with it at all. Think about it wouldn't you do the same for your kids once they are grown up. Maybe you can suggest the idea to your parents and let them know you would love to do it but don't have the money right now. They might voulnteer and then it is their idea and you don't have to feel bad. If they don't offer you could ask if you feel comfortable.