This sounds crazy, but I've got a niece who is bad with money. Her
mother wanted to know if I could build a safe that would would remain
locked to everyone for a certain time period but after that anyone
could get into it. In the past, my niece would ask her mother to hold
the money for her so she wouldn't spend it, but then when she wanted
it she would pester her mother and then her mother would eventually
give in because after all it was her daughter's money. I know it's a
crazy situation and without commenting on her parenting techniques I
told her I'd consider trying to build it. I only work with wood. I
can build the bank so that it would be impossible to take it apart
without destroying it, but I have no idea where to get any kind of
time-release hardware which I can only assume would have to be battery
powered hopefully with a fail safe that would open the bank if the
batteries went dead.
Anyone have an idea what kind of what hardware would work and where to
get it? I know it's a nutty problem, but I figured I'd have as much
luck getting advice here as anywhere. Thanks.
On 25 May 2004 21:23:47 -0700, firstname.lastname@example.org (Mak Wilson)
7-11 and the like have those types of things, some even have a cap
that can be discharged. These aren't cheap, so her best bet would be
to take a money management class at her local consumer credit
counseling service (part of United Way).
Three words: Certificate of Deposit.
And have the niece take a money-management class, or send her a Suze
Orman book or something. (Maybe even psychotherapy. This could be
bipolar, or another deeper issue.) Depending on someone else to keep you
from spending money is just like the stage where alcoholics have friends
watch their bottlees -- it won't work in the long run. The alcoholic has
to learn to not drink, for themselves.
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