adults who live off their parents' money secretly annoy me (and i don't understand them)

Anonymous
You have to stop caring.

We are also all self-made. I would've loved a trust fund. I joke with my dad that he should have worked harder.

That said--your kids seeing how hard you work will hopefully rub off and make them hard workers as well.

My sticking point used to be my neighbors that bought their houses pre-2002 for $350k and are now worth $1.5million...esp because we were in position to buy in this neighborhood but didn't like it back then. They barely work since the mortgage is almost non-existent. Oh well. Mine is more for 'kicking myself' in the a**. My friends that have family $ are incredibly down-to-earth so I don't begrudge them their fortune.
Anonymous
Didn't read all the posts but I always wonder what happens to the kids of these adults. Do they have any money left to set up their own kids in their lifestyle? Or once their kid is an adult do they just say sorry kid we didn't want to save anything for you and besided we need to continue to mooch off parents to fund our retirement?
Anonymous
Anonymous wrote:Didn't read all the posts but I always wonder what happens to the kids of these adults. Do they have any money left to set up their own kids in their lifestyle? Or once their kid is an adult do they just say sorry kid we didn't want to save anything for you and besided we need to continue to mooch off parents to fund our retirement?


+1 or Junior wastes it all because he doesn't know the value of money.
Anonymous
Did not read all 7 prior pages of this but just want to add that this may get be prudent estate planning on the part of all these grandparents.

As long as the kids are not totally freeloading, I have no problem with this transfer of wealth. The grandparents cant take it with them so why no spend it now instead of waiting until they are dead and having Uncle Sam take a big chunk out in the form of estate taxes.
Anonymous
My cousin hasn't worked in ten years and lives off family money. But a fool and his money are soon parted and he is blowing it already.
Anonymous
Anonymous wrote:Haven't read all the posts, but have a few thoughts to throw out. I think in some cases there is a cultural aspect to it. My parents did not come from any wealth, but in our culture we look out for family and you make sacrifices so you can help make life easier for the next generation. They both inherited some money even though there wasn't much money growing up. Their parents saved and even invested to make sure something was left for them to buffer against any adversity that might come their way.

My parents have chipped in for things like speech therapy when the cost of out of pocket iuntervention was too much. We save money on a lot of things so we can one day put our children through college and hopefully provide them with some buffer help when we are alive and when we pass.

I don't know much about Greek culture, but I do have a friend who is Greek who's parents bought them a home so they could be close by and it is nice to have all the generations together.

Something to keep in mind..sometimes families help out so a mother can do the work of SAHM when there is a child with illness or disability.

Yes, sometimes people get really lucky, but I do think everyone will face their knocks one way or another and if everything has been handed to you the fall can be a lot harder.



Nanny here whose parents helped out- I agree that is might be a cultural thing. My parents aren't from the US and this is the way that it has always been done where they come from. The generation before helps the next generation, to give you a start in life.
Anonymous
Anonymous wrote:
Anonymous wrote:Why do you care? My kids live in a $750,000 house that both of their parents worked their asses off to provide. To me, that's the bomb, not worrying about how other people are financially supported. MYOB and you'll be much happier.


FUCK U


Why? Just out of curiosity, why the hostility?
Anonymous
Anonymous wrote:
Anonymous wrote:Why do you care? My kids live in a $750,000 house that both of their parents worked their asses off to provide. To me, that's the bomb, not worrying about how other people are financially supported. MYOB and you'll be much happier.


You can take the person out of the trailer park but not the trailer park out of the person.


Was this to me or the person who replied to this with profanity?
Anonymous
Anonymous wrote:
Anonymous wrote:Why do you care? My kids live in a $750,000 house that both of their parents worked their asses off to provide. To me, that's the bomb, not worrying about how other people are financially supported. MYOB and you'll be much happier.


FUCK U


Who cares how much money a person makes. $750K is still excessive. There are homes for much cheaper with just as much room, I'm sure. But some of you love throwing around price tags, which is really tacky.

So while I'm not echoing FUCK U's sentiment - exactly - I do wonder why you're so defensive regarding your working ass and your home purchase.

If you were confident and secure in your decision, you wouldn't be posting about your working ass b/c you would MYOB.

Maybe FUCK U had a point, after all.

hmmmmm
Anonymous
The bitter are really obvious. REALLY obvious. NP here. You need to reel it in and look at yourself instead of begrudging others for their real or perceived fortune.

Grow up.

Just curious PP's who cite other cultures. What cultures do you refer to? I am curious, as you seem generous More power to you, I say.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why do you care? My kids live in a $750,000 house that both of their parents worked their asses off to provide. To me, that's the bomb, not worrying about how other people are financially supported. MYOB and you'll be much happier.


You can take the person out of the trailer park but not the trailer park out of the person.


Was this to me or the person who replied to this with profanity?


YOU, as in you're from the trailer park boasting about your given 750k house.

P.S.

FUCK U
Anonymous
Anonymous wrote:The bitter are really obvious. REALLY obvious. NP here. You need to reel it in and look at yourself instead of begrudging others for their real or perceived fortune.

Grow up.



Agreed. OP, you are a miserable, judgmental person. People have different lots in life. You'll never know another's situation, so try to take a look in the mirror and stop judging. Has the response to this thread made you look at yourself any differently? Or are you still scrounging through neighbors' trash to see how much their paychecks are?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why do you care? My kids live in a $750,000 house that both of their parents worked their asses off to provide. To me, that's the bomb, not worrying about how other people are financially supported. MYOB and you'll be much happier.


You can take the person out of the trailer park but not the trailer park out of the person.


Was this to me or the person who replied to this with profanity?


YOU, as in you're from the trailer park boasting about your given 750k house.

P.S.

FUCK U


Wow....just wow. Are you really that insecure that you feel the need to curse at a person b/c they make an off hand comment about the value of their home? Hell, $750k isn't even that much by DCUM standards.

I'm a NP by the way.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why do you care? My kids live in a $750,000 house that both of their parents worked their asses off to provide. To me, that's the bomb, not worrying about how other people are financially supported. MYOB and you'll be much happier.


FUCK U


Who cares how much money a person makes. $750K is still excessive. There are homes for much cheaper with just as much room, I'm sure. But some of you love throwing around price tags, which is really tacky.

So while I'm not echoing FUCK U's sentiment - exactly - I do wonder why you're so defensive regarding your working ass and your home purchase.

If you were confident and secure in your decision, you wouldn't be posting about your working ass b/c you would MYOB.

Maybe FUCK U had a point, after all.

hmmmmm


Um, what? $750,000 is not much for a house. That's what it's worth now, not what we paid for it. i'm posting anonymously, I do MYOB.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why do you care? My kids live in a $750,000 house that both of their parents worked their asses off to provide. To me, that's the bomb, not worrying about how other people are financially supported. MYOB and you'll be much happier.


You can take the person out of the trailer park but not the trailer park out of the person.


Was this to me or the person who replied to this with profanity?


YOU, as in you're from the trailer park boasting about your given 750k house.

P.S.

FUCK U


You totally misunderstand me. Hard work and financial success make me seem defensive? (?)
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