It wasn’t a very happy new year for one family in China. They recently found out that their entire life savings was wiped out. The culprit? Their 4-year-old son.

The Daily Mail reports that the toddler was home with his mother in the Shanxxi province of West China, playing in his parent’s bedroom, when he came upon the family’s hoard of cash underneath his mother and father’s bed.

According to his mother, Liu Fan, the boy had been taught to rip up paper and books as a fun activity. Simply following what he knew, the toddler proceeded to rip all of the found cash, worth approximately $6,000, into tiny bits.

By the time his mother discovered what her son had done, all of the cash was destroyed. She told the Daily Mail, “We didn't really care when he ripped up the old books we had lying around … I thought if I left him alone with a book for an hour it would be no problem...”

The family had been saving the money for a new apartment. Miraculously, this story has a happy ending. After word got out of the family’s plight, a bank generously offered to match the monetary value of the ripped up bills. Liu Fan says she doesn’t let her son rip up paper for fun anymore.

Were you as terrified by this story as we were? Let us know in the comments below.

Source: Daily Mail