I am a recent college graduate and employed so I am trying to save and be as smart as possible with my finances. My mother is manipulative and we do not have a good relationship. She has recently decided I will pay her rent to live in my childhood home. I have two other siblings and they do not have to do this. I have obliged as she only wants $200 a month. However after the first "rent payment" that she took herself, I had asked her to remove herself from my account (she has been added since my account was made when I was 15) because she will frequently look at my bank account and tell me that I can afford to do things such as lend my sister money and causally borrow money without asking/be very invasive.
She refused so I had no choice but to open a new checking account to bump her off. I currently have two checking accounts open (the old and new) because I am waiting for my work to approve my change to my direct deposit. I only put a small amount of money in the new account but just to feel safer (and I don't keep a too large amount of money in my checking anyways), I want to put most of the money in the old account into the new one so she won't have access.
Will I be penalized by doing this/receive fees? The old account will be closed when I receive confirmation from my HR department (hopefully the next 1-2 days) but I would feel safer with her not being able to access the majority of my finances.
Submitted September 18, 2017 at 11:25AM by noblelandmermaid16 http://ift.tt/2w37I16