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Reply to "How common is it for young adults to receive life changing amounts of money from family?"
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[quote=Anonymous]My family paid for my college education, so I certainly received life changing amounts of money in that sense. But I'm curious about how common it is for young adults, post-college to receive significant amounts of money from their family. When I was in my mid-twenties it seemed like I had a number of friends who had better houses and so forth than their jobs would seem to support. It was none of my business, so I didn't ask - but either they were better at saving and finding deals than I was, they went a lot further into debt, and/or they got money from their families. My parents probably had enough money to where they could've subsidized my lifestyle, but that's not really the family ethos. Raise the kids and educate them, after that it's up to them. I'm in my 50s now, so it doesn't really matter. Just curious. At this point there's no real way of telling where personal finances end and family money begins. [/quote]
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