My parent said that I cannot donate it to people in need because I have no salary, but I am not sure if joint-account ownership works like that (I doubt it does). It just feels like my parent is being controlling like they have been throughout my whole life.

Edit: For context, they said that I have to use the money for university stuff (not sure if that is legally enforceable).

  • lucidity [any, null/void]@hexbear.net
    5·
    6 days ago

    If they might spitefully withhold money if its not spent as approved and groceries are approved I’d suggest buying some prepay cards at the grocery store and then spending unspied on.

    • LeninZedong@lemmygrad.mlOP
      1·
      6 days ago

      But they could monitor me spending it in little amounts, and besides, I do not really have much time due to personal circumstances.

      • Maeve @lemmygrad.ml
        0·
        6 days ago

        I recommend carefully thinking through any and all plans (not just this one) and potential consequences. There are always latent consequences, too. I speak from a long personal history of not doing that.

        • LeninZedong@lemmygrad.mlOP
          2·
          6 days ago

          Got it (I should get my own online banking account just in case I have to transfer the money because having my own account is important).

          I have not thought through my plan entirely (because there are a lot of factors and I am running out of options), but what is most important is to have an immediate goal, and I do.

          • Che's Motorcycle@lemmygrad.ml
            2·
            6 days ago

            In the US, you can even just make an individual account with the same bank online. Transfer from the joint account to your individual account. Done, and perfectly legal.

            As long as it’s a regular bank account and not a dedicated education account like a Coverdell or 529, you’re good. And even those you just pay a tax penalty for non-education withdrawals.

            • LeninZedong@lemmygrad.mlOP
              2·
              6 days ago

              How would I figure out what sort of bank account I have? It has been a while since I opened my bank account.

              Thank you for the advice! It is helpful.

              • Che's Motorcycle@lemmygrad.ml
                2·
                5 days ago

                You can either call the bank, or check online. Usually it will say checking, savings, etc right in the account name. Or else click on it and look for an Account Details type of section or button.

                • LeninZedong@lemmygrad.mlOP
                  2·
                  5 days ago

                  Calling a bank is scary so I will probably just check online.

                  Huh, my Bank of America account does not see (or at least I do not know where to find it).

                  • Che's Motorcycle@lemmygrad.ml
                    2·
                    5 days ago

                    It may also say on your monthly statements. But if it doesn’t specifically say it’s an education account, it’s safe to assume it’s not.

              • Maeve @lemmygrad.ml
                1·
                5 days ago

                Thank you for that, but unfortunately, I might need to move out soon because of personal circumstances, so I should probably transfer money over to my other bank account before that.

                I’ll refrain, in the future.