Grown children--do you help them financially?
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Anonymous
| We all know how expensive it is to live in DC. Do you help your grown child (22-30) with their monthly rent? |
Anonymous
| Normally, no. |
Anonymous
| No, but it is because of their behavior rather than anything else. I will help a child by paying for as much of college and graduate school as we can and then possibly helping for a little while to transition them. I would be more inclined to help a 22-26 year old than a 30 year old. |
Anonymous
| No way, jose. |
Anonymous
| Good God, You should not. I was one of those young people in DC - Best learning experience, ever...Lived in a group house in a ridiculously small room/alcove, never drank more than two happy hour priced beers, did all the free stuff I could muster and generally was pretty creative about my life...I always thought my peers who were getting out-patient help were very lame. And, you know, it's obvious. everyone can guess what people are making - and when your clothes are fancy, and you have a fancy place to live and you drive a hot car and you are someone's assistant - you look like a horses ass and it impacts your ability to succeed. I mean, slip your kid 50 bucks here and there, that's fine. Take them out for a nice meal when you visit, super. Buy them nice clothes for birthday's/christmas or a special surprise (and by nice, I do mean a versatile piece of work clothing or a suit or something), by all means! But make your young adult be an adult and live on a budget...please. it's good for America. |
Anonymous
|
Our CEO is even kicking his kid out of the family home this fall. Says the kid has a job, so it'll be good for him to figure it out on his own. If he has to live in group home with a bunch of other kids, so be it!
I thought that was pretty admirable. |
Anonymous
Couldn't have said this better myself. Just don't do it, OP. |
Anonymous
| My mom subsidizes my sister so she can SAH. I think it's ridiculous. And my mom doesn't have 2 nickels to rub together. |
Anonymous
That *IS* ridiculous. |
Anonymous
|
My parents let my younger brother live at home after college--but he had to pay rent.
If there was some short-term issue (something health-related, for example) that necessitated financial help, that would be one thing, but I wouldn't supplement my kid's income just so he could afford his own apartment. If he can't make rent on his own, he should be getting a roommate or joining a group house or something. It's good to have to live on a budget. |
Anonymous
This. Our 23yr old son who didn't make it through college on the first go-around decided to go back. He was working full-time and took out loans to go back to school full-time as well. He just didn't have the credit score to get a car loan. We floated him a loan for a used car such that he could safely and reliably get between home, work and school. Otherwise, he lived in a group house and I know ate a lot of ramen noodles. In addition to the shirt or sweater he might have gotten for his birthday, we'll also usually give him $100. Day to day however, he is self-supporting. |
Anonymous
+1,000 
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Anonymous
|
No because our DKs aren't that age, but when they are, we won't - mainly because we probably couldn't afford it and because we've lived without it.
However, many, if not most of my friends in their 40s and 50s receive all sorts of financial assistance from their parents. DH and I are from huge families and there is no money and will never be financial assistance for us. It must be nice to know your family can help out if you need it. |
Anonymous
| I do, but on a temporary basis. My son lives on the farm and he and his wife pay approx 1/4 the mtg, but they are both in school and have a baby. In addition , I couldn't sell that place on a bet. |
Anonymous
I would fully support that. Plus, then you get to enjoy and help with baby (if you want to). |