How do I ask my parents for money?

When asking parents (or anyone, really) for money it pays to be upfront and speak plainly about your needs. Pick your moment well, but don’t catch them off guard. Warm them up by mentioning casually that you’d like to set some time to talk about finances. Then say, “I feel (x time, day, or event) would be appropriate. What works for you?”

Should you give money to your parents?

If you have ever been in a similar situation and borrowed money from your parents, you may want to return the favor, especially if they are persistently demanding money. However, you need to ask yourself some basic questions before you make a decision about giving money to your parents. Your parents asking you for money can be a tricky situation.

Can I borrow money from my parents?

Borrowing money from your parents can be a tricky situation, and it's important to consider all the risks associated with it. Fortunately, there are several alternatives to borrowing money from your parents that don't involve taking on debt. One option is to use your own assets and resources.