Wife and I have dramatically different opinions about how much financial help should be given to adult kids

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you can comfortably afford it, definitely all three.

Anyone who looks around at comfortable UMC and rich people knows that those who got these things paid for by their parents had a very good head start. And anyone who thinks kids “should” pay for these things has their head in the sand. In places like dc, down payments and college costs are paid by parents a lot. It’s pretty standard MO and kids who don’t have this help are already starting out one step behind.

My parents paid for all these things. They are wealthy but not bagillionaires. I still managed to be married with a well maintained home by 26, graduate top of my class from law school, and now in my forties I make seven figures. I’m also married to a hardworking man who makes similar. He came from poverty and got nothing from his family. I don’t believe this kind of financial support plays any role in what kind of adult kids turn into - other than helping to ensure they are financially comfortable adults!

So you and your husband ended up in the same place, despite the fact that you got help and he didn’t. This shows that smart, hard-working people will be just fine, even without handouts from mommy and daddy.

I don’t think you’re making the point you think you are.

My husband had to take out college and grad school loans, which I promptly paid off for him within three months of starting as a lawyer. And he benefited from that same first house as me. And fwiw, dh works hard, but I work WAY harder. And he makes a lot. But I make a LOT more than him. So if there is a lazier person in our home, it’s him. Not me - who grew up with parents who paid for these things. Also fwiw I’ve never taken another cent from my parents - out twenties were really lean because we just didn’t have much money. But now I’m loaded - because I worked so hard - and I’m able to throw money around like mad. In fact, my parents needed a new car and didn’t have enough cash in their checking account on the day we were at the dealership, and dh and I were like no worries we can write the check right now so you don’t have to wait a day for cash to move between your accounts, and you don’t have to pay us back. So yeah not entitled.

But pretty confident that when you remove financial impediments to 20 year olds, they can make better choices and end up in better financial places.

But shhhh sounds like you live in one of the middle class families that hasn’t figured out how many families do this for their kids and launch their kids into their own successful financial lives.

I don’t honestly believe this is true. The families in the DMV where the parents paid for lots of things are just not successful financially. They were never launched…they need their parents to still pay for lots of things, especially any private school (lots of these folks at Big3 privates). I assume because they knew there was a backstop.

So…not sure what the answer may be.

Most of my friends in DC had family help to buy their first home. Almost all my friends are highly driven and successful in their careers. There is no correlation.

Define success…I don’t get it…successful people don’t need their parents help to buy their first home…even a $2MM+ home is a $400k down payment which isn’t all that much…for successful people.

This is how poor people think LOL.

lol spoken like a complete a33hole.

My generation would have been embarrassed to admit they got help from their parents on anything except college tuition.

You’re just such a loser. I sincerely hope your bottom feeder children continue to milk you of your money for the rest of your miserable life.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you can comfortably afford it, definitely all three.

Anyone who looks around at comfortable UMC and rich people knows that those who got these things paid for by their parents had a very good head start. And anyone who thinks kids “should” pay for these things has their head in the sand. In places like dc, down payments and college costs are paid by parents a lot. It’s pretty standard MO and kids who don’t have this help are already starting out one step behind.

My parents paid for all these things. They are wealthy but not bagillionaires. I still managed to be married with a well maintained home by 26, graduate top of my class from law school, and now in my forties I make seven figures. I’m also married to a hardworking man who makes similar. He came from poverty and got nothing from his family. I don’t believe this kind of financial support plays any role in what kind of adult kids turn into - other than helping to ensure they are financially comfortable adults!

So you and your husband ended up in the same place, despite the fact that you got help and he didn’t. This shows that smart, hard-working people will be just fine, even without handouts from mommy and daddy.

I don’t think you’re making the point you think you are.

My husband had to take out college and grad school loans, which I promptly paid off for him within three months of starting as a lawyer. And he benefited from that same first house as me. And fwiw, dh works hard, but I work WAY harder. And he makes a lot. But I make a LOT more than him. So if there is a lazier person in our home, it’s him. Not me - who grew up with parents who paid for these things. Also fwiw I’ve never taken another cent from my parents - out twenties were really lean because we just didn’t have much money. But now I’m loaded - because I worked so hard - and I’m able to throw money around like mad. In fact, my parents needed a new car and didn’t have enough cash in their checking account on the day we were at the dealership, and dh and I were like no worries we can write the check right now so you don’t have to wait a day for cash to move between your accounts, and you don’t have to pay us back. So yeah not entitled.

But pretty confident that when you remove financial impediments to 20 year olds, they can make better choices and end up in better financial places.

But shhhh sounds like you live in one of the middle class families that hasn’t figured out how many families do this for their kids and launch their kids into their own successful financial lives.

I don’t honestly believe this is true. The families in the DMV where the parents paid for lots of things are just not successful financially. They were never launched…they need their parents to still pay for lots of things, especially any private school (lots of these folks at Big3 privates). I assume because they knew there was a backstop.

So…not sure what the answer may be.

Most of my friends in DC had family help to buy their first home. Almost all my friends are highly driven and successful in their careers. There is no correlation.

Define success…I don’t get it…successful people don’t need their parents help to buy their first home…even a $2MM+ home is a $400k down payment which isn’t all that much…for successful people.

This is how poor people think LOL.

lol spoken like a complete a33hole.

My generation would have been embarrassed to admit they got help from their parents on anything except college tuition.

You’re just such a loser. I sincerely hope your bottom feeder children continue to milk you of your money for the rest of your miserable life.

Really? My grandparents helped with the above, my parents helped me, and I’ll help my kids. Why withhold resources that would help them start building their own wealth sooner?

[Anonymous]

NP here and I think it depends.

My parents paid for undergrad as a given.

Graduate school I took out a loan, which they paid off for me in total as a graduation gift when I got my first job in my field out of grad school.

Once my husband and I had bought a house they gifted us the difference between our down payment and 20% so we only paid a month or two of PMI. They also paid for a renovation as a surprise anniversary gift after we had already made the selection and hired the contractors based on our budget.

They don’t believe in enabling choices based on likely help but they also think it’s foolish to sit on money and watch your kid miss out on things just out of a misguided attempt to teach them something.

And I imagine there’s some calculus which is paying off for them in that their kids had kids a little earlier than our peers which means they get more time to enjoy their grandkids.

I think this is all wholly contingent on the financial status of the parents though. They should not work longer in their 60s to support a kids down payment or something.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you can comfortably afford it, definitely all three.

Anyone who looks around at comfortable UMC and rich people knows that those who got these things paid for by their parents had a very good head start. And anyone who thinks kids “should” pay for these things has their head in the sand. In places like dc, down payments and college costs are paid by parents a lot. It’s pretty standard MO and kids who don’t have this help are already starting out one step behind.

My parents paid for all these things. They are wealthy but not bagillionaires. I still managed to be married with a well maintained home by 26, graduate top of my class from law school, and now in my forties I make seven figures. I’m also married to a hardworking man who makes similar. He came from poverty and got nothing from his family. I don’t believe this kind of financial support plays any role in what kind of adult kids turn into - other than helping to ensure they are financially comfortable adults!

So you and your husband ended up in the same place, despite the fact that you got help and he didn’t. This shows that smart, hard-working people will be just fine, even without handouts from mommy and daddy.

I don’t think you’re making the point you think you are.

My husband had to take out college and grad school loans, which I promptly paid off for him within three months of starting as a lawyer. And he benefited from that same first house as me. And fwiw, dh works hard, but I work WAY harder. And he makes a lot. But I make a LOT more than him. So if there is a lazier person in our home, it’s him. Not me - who grew up with parents who paid for these things. Also fwiw I’ve never taken another cent from my parents - out twenties were really lean because we just didn’t have much money. But now I’m loaded - because I worked so hard - and I’m able to throw money around like mad. In fact, my parents needed a new car and didn’t have enough cash in their checking account on the day we were at the dealership, and dh and I were like no worries we can write the check right now so you don’t have to wait a day for cash to move between your accounts, and you don’t have to pay us back. So yeah not entitled.

But pretty confident that when you remove financial impediments to 20 year olds, they can make better choices and end up in better financial places.

But shhhh sounds like you live in one of the middle class families that hasn’t figured out how many families do this for their kids and launch their kids into their own successful financial lives.

I don’t honestly believe this is true. The families in the DMV where the parents paid for lots of things are just not successful financially. They were never launched…they need their parents to still pay for lots of things, especially any private school (lots of these folks at Big3 privates). I assume because they knew there was a backstop.

So…not sure what the answer may be.

Most of my friends in DC had family help to buy their first home. Almost all my friends are highly driven and successful in their careers. There is no correlation.

Define success…I don’t get it…successful people don’t need their parents help to buy their first home…even a $2MM+ home is a $400k down payment which isn’t all that much…for successful people.

This is how poor people think LOL.

lol spoken like a complete a33hole.

My generation would have been embarrassed to admit they got help from their parents on anything except college tuition.

You’re just such a loser. I sincerely hope your bottom feeder children continue to milk you of your money for the rest of your miserable life.

Bitterness and jealousy is not a good look.

[Anonymous]

Anonymous wrote:NP here and I think it depends.

My parents paid for undergrad as a given.

Graduate school I took out a loan, which they paid off for me in total as a graduation gift when I got my first job in my field out of grad school.

Once my husband and I had bought a house they gifted us the difference between our down payment and 20% so we only paid a month or two of PMI. They also paid for a renovation as a surprise anniversary gift after we had already made the selection and hired the contractors based on our budget.

They don’t believe in enabling choices based on likely help but they also think it’s foolish to sit on money and watch your kid miss out on things just out of a misguided attempt to teach them something.

And I imagine there’s some calculus which is paying off for them in that their kids had kids a little earlier than our peers which means they get more time to enjoy their grandkids.

I think this is all wholly contingent on the financial status of the parents though. They should not work longer in their 60s to support a kids down payment or something.

God forbid your 30 year old child "miss out" on a home renovation. The horror!

I'm convinced people like you never stop to listen to yourself talk. Geez

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you can comfortably afford it, definitely all three.

Anyone who looks around at comfortable UMC and rich people knows that those who got these things paid for by their parents had a very good head start. And anyone who thinks kids “should” pay for these things has their head in the sand. In places like dc, down payments and college costs are paid by parents a lot. It’s pretty standard MO and kids who don’t have this help are already starting out one step behind.

My parents paid for all these things. They are wealthy but not bagillionaires. I still managed to be married with a well maintained home by 26, graduate top of my class from law school, and now in my forties I make seven figures. I’m also married to a hardworking man who makes similar. He came from poverty and got nothing from his family. I don’t believe this kind of financial support plays any role in what kind of adult kids turn into - other than helping to ensure they are financially comfortable adults!

So you and your husband ended up in the same place, despite the fact that you got help and he didn’t. This shows that smart, hard-working people will be just fine, even without handouts from mommy and daddy.

I don’t think you’re making the point you think you are.

My husband had to take out college and grad school loans, which I promptly paid off for him within three months of starting as a lawyer. And he benefited from that same first house as me. And fwiw, dh works hard, but I work WAY harder. And he makes a lot. But I make a LOT more than him. So if there is a lazier person in our home, it’s him. Not me - who grew up with parents who paid for these things. Also fwiw I’ve never taken another cent from my parents - out twenties were really lean because we just didn’t have much money. But now I’m loaded - because I worked so hard - and I’m able to throw money around like mad. In fact, my parents needed a new car and didn’t have enough cash in their checking account on the day we were at the dealership, and dh and I were like no worries we can write the check right now so you don’t have to wait a day for cash to move between your accounts, and you don’t have to pay us back. So yeah not entitled.

But pretty confident that when you remove financial impediments to 20 year olds, they can make better choices and end up in better financial places.

But shhhh sounds like you live in one of the middle class families that hasn’t figured out how many families do this for their kids and launch their kids into their own successful financial lives.

I don’t honestly believe this is true. The families in the DMV where the parents paid for lots of things are just not successful financially. They were never launched…they need their parents to still pay for lots of things, especially any private school (lots of these folks at Big3 privates). I assume because they knew there was a backstop.

So…not sure what the answer may be.

Most of my friends in DC had family help to buy their first home. Almost all my friends are highly driven and successful in their careers. There is no correlation.

Define success…I don’t get it…successful people don’t need their parents help to buy their first home…even a $2MM+ home is a $400k down payment which isn’t all that much…for successful people.

This is how poor people think LOL.

lol spoken like a complete a33hole.

My generation would have been embarrassed to admit they got help from their parents on anything except college tuition.

You’re just such a loser. I sincerely hope your bottom feeder children continue to milk you of your money for the rest of your miserable life.

Bitterness and jealousy is not a good look.

Arrogant rich people on here always assume others are jealous of them. No one cares about you. No one cares about your stupid richest-man-in-the-graveyard mentality. No one cares about your spoiled kids. Everyone is doing their own thing and living their own lives. You are the only person who thinks other people are jealous of you

[Anonymous]

Anonymous wrote:

Anonymous wrote:NP here and I think it depends.

My parents paid for undergrad as a given.

Graduate school I took out a loan, which they paid off for me in total as a graduation gift when I got my first job in my field out of grad school.

Once my husband and I had bought a house they gifted us the difference between our down payment and 20% so we only paid a month or two of PMI. They also paid for a renovation as a surprise anniversary gift after we had already made the selection and hired the contractors based on our budget.

They don’t believe in enabling choices based on likely help but they also think it’s foolish to sit on money and watch your kid miss out on things just out of a misguided attempt to teach them something.

And I imagine there’s some calculus which is paying off for them in that their kids had kids a little earlier than our peers which means they get more time to enjoy their grandkids.

I think this is all wholly contingent on the financial status of the parents though. They should not work longer in their 60s to support a kids down payment or something.

God forbid your 30 year old child "miss out" on a home renovation. The horror!

I'm convinced people like you never stop to listen to yourself talk. Geez

I don’t think you read very carefully— we wouldn’t have missed out. We would have done the reno anyway. When they think of missing out they mean things like not taking a vacation, taking on a second job, the kind of things that keep you from spending time with family.

But you think…what? They should just sit on money? That’s the morally preferable thing to do somehow?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you can comfortably afford it, definitely all three.

Anyone who looks around at comfortable UMC and rich people knows that those who got these things paid for by their parents had a very good head start. And anyone who thinks kids “should” pay for these things has their head in the sand. In places like dc, down payments and college costs are paid by parents a lot. It’s pretty standard MO and kids who don’t have this help are already starting out one step behind.

My parents paid for all these things. They are wealthy but not bagillionaires. I still managed to be married with a well maintained home by 26, graduate top of my class from law school, and now in my forties I make seven figures. I’m also married to a hardworking man who makes similar. He came from poverty and got nothing from his family. I don’t believe this kind of financial support plays any role in what kind of adult kids turn into - other than helping to ensure they are financially comfortable adults!

So you and your husband ended up in the same place, despite the fact that you got help and he didn’t. This shows that smart, hard-working people will be just fine, even without handouts from mommy and daddy.

I don’t think you’re making the point you think you are.

My husband had to take out college and grad school loans, which I promptly paid off for him within three months of starting as a lawyer. And he benefited from that same first house as me. And fwiw, dh works hard, but I work WAY harder. And he makes a lot. But I make a LOT more than him. So if there is a lazier person in our home, it’s him. Not me - who grew up with parents who paid for these things. Also fwiw I’ve never taken another cent from my parents - out twenties were really lean because we just didn’t have much money. But now I’m loaded - because I worked so hard - and I’m able to throw money around like mad. In fact, my parents needed a new car and didn’t have enough cash in their checking account on the day we were at the dealership, and dh and I were like no worries we can write the check right now so you don’t have to wait a day for cash to move between your accounts, and you don’t have to pay us back. So yeah not entitled.

But pretty confident that when you remove financial impediments to 20 year olds, they can make better choices and end up in better financial places.

But shhhh sounds like you live in one of the middle class families that hasn’t figured out how many families do this for their kids and launch their kids into their own successful financial lives.

I don’t honestly believe this is true. The families in the DMV where the parents paid for lots of things are just not successful financially. They were never launched…they need their parents to still pay for lots of things, especially any private school (lots of these folks at Big3 privates). I assume because they knew there was a backstop.

So…not sure what the answer may be.

Most of my friends in DC had family help to buy their first home. Almost all my friends are highly driven and successful in their careers. There is no correlation.

Define success…I don’t get it…successful people don’t need their parents help to buy their first home…even a $2MM+ home is a $400k down payment which isn’t all that much…for successful people.

This is how poor people think LOL.

lol spoken like a complete a33hole.

My generation would have been embarrassed to admit they got help from their parents on anything except college tuition.

You’re just such a loser. I sincerely hope your bottom feeder children continue to milk you of your money for the rest of your miserable life.

Bitterness and jealousy is not a good look.

Arrogant rich people on here always assume others are jealous of them. No one cares about you. No one cares about your stupid richest-man-in-the-graveyard mentality. No one cares about your spoiled kids. Everyone is doing their own thing and living their own lives. You are the only person who thinks other people are jealous of you

And we don’t care about your constant whining either. You’re the one who has an axe to grind, not me.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you can comfortably afford it, definitely all three.

Anyone who looks around at comfortable UMC and rich people knows that those who got these things paid for by their parents had a very good head start. And anyone who thinks kids “should” pay for these things has their head in the sand. In places like dc, down payments and college costs are paid by parents a lot. It’s pretty standard MO and kids who don’t have this help are already starting out one step behind.

My parents paid for all these things. They are wealthy but not bagillionaires. I still managed to be married with a well maintained home by 26, graduate top of my class from law school, and now in my forties I make seven figures. I’m also married to a hardworking man who makes similar. He came from poverty and got nothing from his family. I don’t believe this kind of financial support plays any role in what kind of adult kids turn into - other than helping to ensure they are financially comfortable adults!

So you and your husband ended up in the same place, despite the fact that you got help and he didn’t. This shows that smart, hard-working people will be just fine, even without handouts from mommy and daddy.

I don’t think you’re making the point you think you are.

My husband had to take out college and grad school loans, which I promptly paid off for him within three months of starting as a lawyer. And he benefited from that same first house as me. And fwiw, dh works hard, but I work WAY harder. And he makes a lot. But I make a LOT more than him. So if there is a lazier person in our home, it’s him. Not me - who grew up with parents who paid for these things. Also fwiw I’ve never taken another cent from my parents - out twenties were really lean because we just didn’t have much money. But now I’m loaded - because I worked so hard - and I’m able to throw money around like mad. In fact, my parents needed a new car and didn’t have enough cash in their checking account on the day we were at the dealership, and dh and I were like no worries we can write the check right now so you don’t have to wait a day for cash to move between your accounts, and you don’t have to pay us back. So yeah not entitled.

But pretty confident that when you remove financial impediments to 20 year olds, they can make better choices and end up in better financial places.

But shhhh sounds like you live in one of the middle class families that hasn’t figured out how many families do this for their kids and launch their kids into their own successful financial lives.

I don’t honestly believe this is true. The families in the DMV where the parents paid for lots of things are just not successful financially. They were never launched…they need their parents to still pay for lots of things, especially any private school (lots of these folks at Big3 privates). I assume because they knew there was a backstop.

So…not sure what the answer may be.

Most of my friends in DC had family help to buy their first home. Almost all my friends are highly driven and successful in their careers. There is no correlation.

Define success…I don’t get it…successful people don’t need their parents help to buy their first home…even a $2MM+ home is a $400k down payment which isn’t all that much…for successful people.

This is how poor people think LOL.

lol spoken like a complete a33hole.

My generation would have been embarrassed to admit they got help from their parents on anything except college tuition.

You’re just such a loser. I sincerely hope your bottom feeder children continue to milk you of your money for the rest of your miserable life.

Bitterness and jealousy is not a good look.

Arrogant rich people on here always assume others are jealous of them. No one cares about you. No one cares about your stupid richest-man-in-the-graveyard mentality. No one cares about your spoiled kids. Everyone is doing their own thing and living their own lives. You are the only person who thinks other people are jealous of you

You have your logic all twisted up. No one who says you should give your kids money while you are alive is playing for the richest man in the graveyard.

One early pp said she’d rather give with a warm hand than a cold one. That best summarizes it for my parents and me.

As for the rest of it, you sure are worked up for someone who isn’t bitter or jealous.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you can comfortably afford it, definitely all three.

Anyone who looks around at comfortable UMC and rich people knows that those who got these things paid for by their parents had a very good head start. And anyone who thinks kids “should” pay for these things has their head in the sand. In places like dc, down payments and college costs are paid by parents a lot. It’s pretty standard MO and kids who don’t have this help are already starting out one step behind.

My parents paid for all these things. They are wealthy but not bagillionaires. I still managed to be married with a well maintained home by 26, graduate top of my class from law school, and now in my forties I make seven figures. I’m also married to a hardworking man who makes similar. He came from poverty and got nothing from his family. I don’t believe this kind of financial support plays any role in what kind of adult kids turn into - other than helping to ensure they are financially comfortable adults!

So you and your husband ended up in the same place, despite the fact that you got help and he didn’t. This shows that smart, hard-working people will be just fine, even without handouts from mommy and daddy.

I don’t think you’re making the point you think you are.

My husband had to take out college and grad school loans, which I promptly paid off for him within three months of starting as a lawyer. And he benefited from that same first house as me. And fwiw, dh works hard, but I work WAY harder. And he makes a lot. But I make a LOT more than him. So if there is a lazier person in our home, it’s him. Not me - who grew up with parents who paid for these things. Also fwiw I’ve never taken another cent from my parents - out twenties were really lean because we just didn’t have much money. But now I’m loaded - because I worked so hard - and I’m able to throw money around like mad. In fact, my parents needed a new car and didn’t have enough cash in their checking account on the day we were at the dealership, and dh and I were like no worries we can write the check right now so you don’t have to wait a day for cash to move between your accounts, and you don’t have to pay us back. So yeah not entitled.

But pretty confident that when you remove financial impediments to 20 year olds, they can make better choices and end up in better financial places.

But shhhh sounds like you live in one of the middle class families that hasn’t figured out how many families do this for their kids and launch their kids into their own successful financial lives.

I don’t honestly believe this is true. The families in the DMV where the parents paid for lots of things are just not successful financially. They were never launched…they need their parents to still pay for lots of things, especially any private school (lots of these folks at Big3 privates). I assume because they knew there was a backstop.

So…not sure what the answer may be.

Most of my friends in DC had family help to buy their first home. Almost all my friends are highly driven and successful in their careers. There is no correlation.

The problem with you and your friends is that you have that “born on third base but think you hit a triple” mentality. So you not only get completely unearned advantages (for instance, rich kids using their family “help” money to drive the cost of real estate ever higher); you also use your unearned privilege to enact and support policies that f$@k over the actual hard-working adults in your community and your country.

Jealous?

I mean… of course? My husband and I actually have to work and save and sacrifice for what we have. It’d be great to be part of the American Royalty that doesn’t have to do jacksh!t and gets the food cooked in their mouths.

But what irritates me is when you societal leeches have the nerve to pretend that you’ve earned everything you have. Just because mommy paid for you to go to law school out of her trust fund and daddy’s golfing buddy hooked you up with a job in his firm making seven figures while contributing nothing.

Yeah, it must be nice

It is nice.

Glad you at least agree that you’re just a lucky loser!

Glad you agree you’re just a jealous whiner!

LOL. I’m not whining. I’m just trying to explain the concept of unearned privilege to you.

You don’t need to explain anything to me. My parents helped me, I help my kids and that’s how it goes on in my family. What you do or what you think is your problem.

The spoiled princess is mad about being called out. Poor baby, go cry to daddy, maybe he can get me fired.

With that attitude, no wonder you’re stuck being a loser. Meanwhile I am
enjoying my life and so are my kids. Reflect on why you’re so angry and bitter.

We’ve already established that work ethic, attitude, intelligence, etc. are not responsible for your good fortune in life. You are where you are due to your parents and grandparents spoiling you with wealth *you* didn’t earn and clearly don’t appreciate (i.e. you feel entitled to it).

I’m actually a very happy, content, and confident person. I was also born lucky in that I had stable parents who loved me, but my success in life is due almost entirely to my own choices and hard work. People like you will never know the satisfaction that comes from truly earning something on your own merits.

[Anonymous]

Anonymous wrote:NP here and I think it depends.

My parents paid for undergrad as a given.

Graduate school I took out a loan, which they paid off for me in total as a graduation gift when I got my first job in my field out of grad school.

Once my husband and I had bought a house they gifted us the difference between our down payment and 20% so we only paid a month or two of PMI. They also paid for a renovation as a surprise anniversary gift after we had already made the selection and hired the contractors based on our budget.

They don’t believe in enabling choices based on likely help but they also think it’s foolish to sit on money and watch your kid miss out on things just out of a misguided attempt to teach them something.

And I imagine there’s some calculus which is paying off for them in that their kids had kids a little earlier than our peers which means they get more time to enjoy their grandkids.

I think this is all wholly contingent on the financial status of the parents though. They should not work longer in their 60s to support a kids down payment or something.

Your parents sound lovely and like they have found a good solution to give you money without raising you to feel entitled.

[Anonymous]

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Anonymous wrote:If you can comfortably afford it, definitely all three.

Anyone who looks around at comfortable UMC and rich people knows that those who got these things paid for by their parents had a very good head start. And anyone who thinks kids “should” pay for these things has their head in the sand. In places like dc, down payments and college costs are paid by parents a lot. It’s pretty standard MO and kids who don’t have this help are already starting out one step behind.

My parents paid for all these things. They are wealthy but not bagillionaires. I still managed to be married with a well maintained home by 26, graduate top of my class from law school, and now in my forties I make seven figures. I’m also married to a hardworking man who makes similar. He came from poverty and got nothing from his family. I don’t believe this kind of financial support plays any role in what kind of adult kids turn into - other than helping to ensure they are financially comfortable adults!

So you and your husband ended up in the same place, despite the fact that you got help and he didn’t. This shows that smart, hard-working people will be just fine, even without handouts from mommy and daddy.

I don’t think you’re making the point you think you are.

My husband had to take out college and grad school loans, which I promptly paid off for him within three months of starting as a lawyer. And he benefited from that same first house as me. And fwiw, dh works hard, but I work WAY harder. And he makes a lot. But I make a LOT more than him. So if there is a lazier person in our home, it’s him. Not me - who grew up with parents who paid for these things. Also fwiw I’ve never taken another cent from my parents - out twenties were really lean because we just didn’t have much money. But now I’m loaded - because I worked so hard - and I’m able to throw money around like mad. In fact, my parents needed a new car and didn’t have enough cash in their checking account on the day we were at the dealership, and dh and I were like no worries we can write the check right now so you don’t have to wait a day for cash to move between your accounts, and you don’t have to pay us back. So yeah not entitled.

But pretty confident that when you remove financial impediments to 20 year olds, they can make better choices and end up in better financial places.

But shhhh sounds like you live in one of the middle class families that hasn’t figured out how many families do this for their kids and launch their kids into their own successful financial lives.

I don’t honestly believe this is true. The families in the DMV where the parents paid for lots of things are just not successful financially. They were never launched…they need their parents to still pay for lots of things, especially any private school (lots of these folks at Big3 privates). I assume because they knew there was a backstop.

So…not sure what the answer may be.

Most of my friends in DC had family help to buy their first home. Almost all my friends are highly driven and successful in their careers. There is no correlation.

The problem with you and your friends is that you have that “born on third base but think you hit a triple” mentality. So you not only get completely unearned advantages (for instance, rich kids using their family “help” money to drive the cost of real estate ever higher); you also use your unearned privilege to enact and support policies that f$@k over the actual hard-working adults in your community and your country.

Jealous?

I mean… of course? My husband and I actually have to work and save and sacrifice for what we have. It’d be great to be part of the American Royalty that doesn’t have to do jacksh!t and gets the food cooked in their mouths.

But what irritates me is when you societal leeches have the nerve to pretend that you’ve earned everything you have. Just because mommy paid for you to go to law school out of her trust fund and daddy’s golfing buddy hooked you up with a job in his firm making seven figures while contributing nothing.

Yeah, it must be nice

It is nice.

Glad you at least agree that you’re just a lucky loser!

Glad you agree you’re just a jealous whiner!

LOL. I’m not whining. I’m just trying to explain the concept of unearned privilege to you.

You don’t need to explain anything to me. My parents helped me, I help my kids and that’s how it goes on in my family. What you do or what you think is your problem.

The spoiled princess is mad about being called out. Poor baby, go cry to daddy, maybe he can get me fired.

With that attitude, no wonder you’re stuck being a loser. Meanwhile I am
enjoying my life and so are my kids. Reflect on why you’re so angry and bitter.

We’ve already established that work ethic, attitude, intelligence, etc. are not responsible for your good fortune in life. You are where you are due to your parents and grandparents spoiling you with wealth *you* didn’t earn and clearly don’t appreciate (i.e. you feel entitled to it).

I’m actually a very happy, content, and confident person. I was also born lucky in that I had stable parents who loved me, but my success in life is due almost entirely to my own choices and hard work. People like you will never know the satisfaction that comes from truly earning something on your own merits.

I know this is going to make you mad, but I suspect the vast majority of posters really appreciate the money they received and don’t feel entitled to it. And therefore really want to do the same for the next generation. I know that trashes your narrative but it is what it is.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you can comfortably afford it, definitely all three.

Anyone who looks around at comfortable UMC and rich people knows that those who got these things paid for by their parents had a very good head start. And anyone who thinks kids “should” pay for these things has their head in the sand. In places like dc, down payments and college costs are paid by parents a lot. It’s pretty standard MO and kids who don’t have this help are already starting out one step behind.

My parents paid for all these things. They are wealthy but not bagillionaires. I still managed to be married with a well maintained home by 26, graduate top of my class from law school, and now in my forties I make seven figures. I’m also married to a hardworking man who makes similar. He came from poverty and got nothing from his family. I don’t believe this kind of financial support plays any role in what kind of adult kids turn into - other than helping to ensure they are financially comfortable adults!

So you and your husband ended up in the same place, despite the fact that you got help and he didn’t. This shows that smart, hard-working people will be just fine, even without handouts from mommy and daddy.

I don’t think you’re making the point you think you are.

My husband had to take out college and grad school loans, which I promptly paid off for him within three months of starting as a lawyer. And he benefited from that same first house as me. And fwiw, dh works hard, but I work WAY harder. And he makes a lot. But I make a LOT more than him. So if there is a lazier person in our home, it’s him. Not me - who grew up with parents who paid for these things. Also fwiw I’ve never taken another cent from my parents - out twenties were really lean because we just didn’t have much money. But now I’m loaded - because I worked so hard - and I’m able to throw money around like mad. In fact, my parents needed a new car and didn’t have enough cash in their checking account on the day we were at the dealership, and dh and I were like no worries we can write the check right now so you don’t have to wait a day for cash to move between your accounts, and you don’t have to pay us back. So yeah not entitled.

But pretty confident that when you remove financial impediments to 20 year olds, they can make better choices and end up in better financial places.

But shhhh sounds like you live in one of the middle class families that hasn’t figured out how many families do this for their kids and launch their kids into their own successful financial lives.

I don’t honestly believe this is true. The families in the DMV where the parents paid for lots of things are just not successful financially. They were never launched…they need their parents to still pay for lots of things, especially any private school (lots of these folks at Big3 privates). I assume because they knew there was a backstop.

So…not sure what the answer may be.

Most of my friends in DC had family help to buy their first home. Almost all my friends are highly driven and successful in their careers. There is no correlation.

The problem with you and your friends is that you have that “born on third base but think you hit a triple” mentality. So you not only get completely unearned advantages (for instance, rich kids using their family “help” money to drive the cost of real estate ever higher); you also use your unearned privilege to enact and support policies that f$@k over the actual hard-working adults in your community and your country.

Jealous?

I mean… of course? My husband and I actually have to work and save and sacrifice for what we have. It’d be great to be part of the American Royalty that doesn’t have to do jacksh!t and gets the food cooked in their mouths.

But what irritates me is when you societal leeches have the nerve to pretend that you’ve earned everything you have. Just because mommy paid for you to go to law school out of her trust fund and daddy’s golfing buddy hooked you up with a job in his firm making seven figures while contributing nothing.

Yeah, it must be nice

It is nice.

Glad you at least agree that you’re just a lucky loser!

Glad you agree you’re just a jealous whiner!

LOL. I’m not whining. I’m just trying to explain the concept of unearned privilege to you.

You don’t need to explain anything to me. My parents helped me, I help my kids and that’s how it goes on in my family. What you do or what you think is your problem.

The spoiled princess is mad about being called out. Poor baby, go cry to daddy, maybe he can get me fired.

With that attitude, no wonder you’re stuck being a loser. Meanwhile I am
enjoying my life and so are my kids. Reflect on why you’re so angry and bitter.

We’ve already established that work ethic, attitude, intelligence, etc. are not responsible for your good fortune in life. You are where you are due to your parents and grandparents spoiling you with wealth *you* didn’t earn and clearly don’t appreciate (i.e. you feel entitled to it).

I’m actually a very happy, content, and confident person. I was also born lucky in that I had stable parents who loved me, but my success in life is due almost entirely to my own choices and hard work. People like you will never know the satisfaction that comes from truly earning something on your own merits.

Whatever you need to tell yourself to feel superior.

[Anonymous]

My parents paid for $100k of undergrad. It wasn’t quite enough to cover it, but the remainder was trivial since i graduated a year early.

They also gifted us $20k towards our downpayment 10 years later. It was a little bit selfish (wrong word, but I can’t think of the right one) on my dad’s part i think—he didn’t want us renting and giving money to someone else, so he made sure we could get into a house. We are probably would have happily rented another 10 years.

I paid for grad school out of pocket.

The rest of their money will go to charities close to their hearts. I’ve seen their will, sisters and I aren’t getting anything (which is totally fine, we don’t need it!) and it’s being donated to a group they’ve been involved with for decades.

[Anonymous]

Wow. Someone on here needs psych meds stat. I hope you are able to get help for your misplaced anger. Yikes.