Reply to How common is it for young adults to receive life changing amounts of money from family?

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[quote=Anonymous] Nearly 50 too and have one remaining elderly parent left.  My parents and even husband's parents never gifted us any money.  My parents were comfortable middle class and I was the only daughter.  They never even laid for my modest wedding.  Although mom did but my dress. We had a modest wedding but had to take out a small Lian to help pay.  BC we got married young at 23 and didn't have anything.  My mom always cried poor even though she was surrounded by her Ethan Allen furniture and dozen plus crystal candlesticks.  I do greatly appreciate the fact that my parents paid for college (in state and I also graduated in 3 years).  For my own young adult children I want to make things easier for them than for me.  I paid for school although my daughter was a supersenior fir one extra semester so I did have her take out 15k for that one semester.  She had failed several classes and waffled on her major which is why she went extra long.  She has her own working world job now and is just getting ready to move out. (She graduated a year ago). We have told her we will pay her security deposit and half the move.  We never charged her to live at home.  We will pay for their wedding but it can't be a crazy extravagant affair so I think we'll give them a flat amount and let them decide.  I want to give them some money (75%) for when they put their first downpayment on home.  And when they have kids I want to fund a small monthly 529.  Oh, we did buy our kids a car (honda civic basic) as seniors in college.  I guess my kids will be spoiled compared to me. But I have no intention of signing their rental leases or being on their mortgage.  Their first home will no doubt be a modest home.  That's normal.  In my 20s I had a lot of friends I worked with who bought bigger and better than me, even though we were earning the same. At the time I remember being a little green with envy, if I'm honest.  But I wasn't born into parents like that. [/quote]

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