Advice parents asking for money - I'm 23 and moved out of my parent's house last year to live in Switzerland. I have my finance sorted out with 6 months (around 18k) emergency fund, brokerage account (50k), and private pension (I'm European). My parents are also in good condition; they don't have any debts, and the house is paid off. But last month they were able to sell the house to get something more appropriate for their age. I asked them multiple times if they were sure since it wasn't really the best choice given the high interest + high inflation economy but they looked pretty convinced. Anyway, today my father called me asking for 10k, promising me to give back 500 monthly (which takes almost 2 years). I got kind of upset because this means ruining my emergency fund and interrupting investing in a discount market. We kinda had a discussion about it, and I don't really know what to do. I feel like it's not right to ask someone else for money if you are not really in need. EDIT: Thanks a lot for the huge number of comments, I’m reading each one of these but I can’t answer all Personal Finance

Advice parents asking for money - I'm 23 and moved out of my parent's house last year to live in Switzerland.

I have my finance sorted out with 6 months (around 18k) emergency fund, brokerage account (50k), and private pension (I'm European).
My parents are also in good condition; they don't have any debts, and the house is paid off. But last month they were able to sell the house to get something more appropriate for their age. I asked them multiple times if they were sure since it wasn't really the best choice given the high interest + high inflation economy but they looked pretty convinced.

Anyway, today my father called me asking for 10k, promising me to give back 500 monthly (which takes almost 2 years). I got kind of upset because this means ruining my emergency fund and interrupting investing in a discount market.


We kinda had a discussion about it, and I don't really know what to do. I feel like it's not right to ask someone else for money if you are not really in need.

EDIT: Thanks a lot for the huge number of comments, I’m reading each one of these but I can’t answer all


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