Reply to NYT: 30 somethings still being bankrolled by their parents

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m tremendously grateful for the help I’ve received from my parents, who came here as Immigrants, and dear mom died here. They worked hard all their lives and my mom scrimped and saved so we could have a better future. I always told them their money gifts were not necessary, but in truth, the helped me very much: paid for college, helped with grad school loans, picking up the monthly payment at times, paid my share of down payment, and now have left me and my brother with a very modest trust fundthat has helped us immensely when one of us has lost a job, for instance. I’m grateful, mom and dad. I hope to be able to do the same, or even more, for my kids and grandkids. Pay it forward. [/quote]

My DH and I are immigrants - I used to be so jealous of my friends w babysitting family help - who knew there were so many school closings and then the summer! - we have done well and will be giving these type of help to our children too!![/quote]

+1. Unfortunately, my parents don't believe/want to help out (and one of them gets handouts from DH and me every once in a while). But I've noticed that many of my friends who have been very successful at work have parents (kids' grandparents) who are able to help so that they can advance their careers. It's really hard to move up, even if you've done well in school, unless you are able to travel, go to conferences, network, etc. Of course, many of these parents also bankrolled their kids' college and graduate schools and may be helping with college savings for the grandkids. For my immigrant parents, this sort of help is not even on their radar. DH and I are likely to help out our children when they become adults in ways that our own parents did not. To be fair, DH and I have been successful by all accounts, but I definitely feel like we have had to struggle a bit more than some of our peers in getting here. [/quote]

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