Am I too old for this........? Feeling kind of like a free loader....?

Question

I'm 24&in Grad school. For the past few months I have been looking for a car because I am about to start working with a company and need reliable transportation to get there. I haven't had a vehicle up until now because it's just an extra expense I didn't need. My dad found out from my mom (they are divorced), that I was looking for a car. He knows that because of school, I only work part time. So, he offered to GIVE me a car he bought that he doesn't drive because he has two vehicles. The car is fairly new and very nice! He says he will continue to pay the notes on it and the only thing I will be responsible for is the insurance. He really wants to help me out and I accepted. I am VERY thankful for this& see it as a major blessing. HOWEVER, a small part of me also feels bad because he has to give up his car for me. I also feel bad because at 24, my parents are still having to foot my bills. I mean I pay for everything like credit cards, phone bills, & stuff but that's

nothing compared to a car note! I am just feeling bad because most 24 year olds have full time jobs and kids by now, but i'm still in Graduate school...and I kind of feel like a burden on my parents now. Am I too old to be having this kind of assistance from my parents? What do I do? As I said, I am very happy and appreciative that my father is helping me out in this way, but I am also feeling extremely guilty that I don't have a career and all the other stuff most people my age have....

Answer 1

If he is willing to help you, by all means take the car. You need the car, he has extras and it's a win win situation. You are responsible , in grad school, pay your bills, etc. If it really bothers you, pay him back when you are working and able to.

Answer 2

You are not taking advantage of his generosity so stop feeling guilty. You are paying for what you can afford right now, and as a parent, if one of my kids needs a hand now and then, it is our pleasure to give it. Your age has nothing to do with it. Over the years we have had to borrow from our parents now and then when things were tight when our kids were small. If you would feel better.....find out how much the note is for and put aside money every month once you are able to afford it and pay him back. You sound like a great kid, and your parents did a good job raising you if you feel guilty about this. Relax and say thanks.

Answer 3

There is nothing wrong with your parents helping you. You're lucky that your dad is giving you a car as a gift. You need some financial help because you're in college and they're trying to be nice and help you out. Don't feel bad be happy to have such nice parents. And don't forget to help them out to once you're in good shape. Good luck..

P.S. - What do most people your age have? Career? You're in college and pretty soon you'll have a career too.

Answer 4

Don't feel bad. As you stated, he has two other vehicles. Most parents know that it is hard out there in the world. Most parents want to see their children get ahead and are willing to help them as long as they are doing something to help themselves and they see that in you. One day you will be in a position to return the gratitude. As parents get older, they sometimes need their children to help them and if that be the case with you and your parents, I'm sure that you will remember this time in your life and will be there for them. Feel very fortunate that you are able to have parents that are able to be there for you like this .

Answer 5

It sounds like your father feels good that he can support you in this way while you're pursuing educational goals. It's not like you're spending all of your free time on the couch watching soap operas. You're working and going to grad school. Your gratitude is probably more than enough and once you get your M.A. your dad can feel good that he helped to ease the burden during this period of your life.

Best~

Answer 6

Your parents are helping you because they want to. Make sure they know how much you appreciate them by always doing your best at school and making something of yourself. Remember their kindness when you have children. Be kind to your parents, help around the house as much as you can and assure them that you will move out as soon as you are financially able. Good luck with your future.

Answer 7

I applaud your maturity and moral fibre. Even ASKING the question shows your depth of character.

Twenty four really isn't that old to be supported by your parents. It sounds like they are very proud of you and want to help you finish your education.

You can graciously accept their offers and pay them back later by continuing to be a caring son and doing positive things with your life.

Answer 8

you will have all this when you get done with schooling. after you get a good job then you can do what you need to let them know how much their help meant to you by doing your best. your parents are proud of you or they would of told you to move on and wouldnt of helped. later in life they may need you and you will be able to help them then. just keep up the god work and remember that your doing it for them too.

Answer 9

If you father has other transportation it is very gracious for him to offer his extra car to you .I am sure that his goal is to see you graduate and be on your own. At 24 you should be very close to doing this and not intent on being a perpetual student. You should make it your business to at least make a reasonable payment to him as you would have to for any other lender.Get finished with school and make them very proud ,as you owe them that at the very least.

Answer 10

im 18, in college and my parent bought me '07 scion tC last summer. they got a loan and then paid the dealer and every month, i pay THEM $348 a month for the car, $125 for my insurace all my gas, etc. my parents have the money, they just expect me to be responsible and pay for my own car! i pay for school and everything. and i feel bad if my payments are a week late! it is nice that he doesnt use the car and wants to be helpful, but maybe so you dont feel so bad, offer to pay a percentage. both of you work something about. tell him how you feel and how much better you would feel to help out!