Reply to How many parents still financially support their middle age adult children?

Forum Index » Adult Children

Reply to "How many parents still financially support their middle age adult children?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]What does financial support mean to you?  My parents are wealthy and pay for family vacations and my kid's private school tuition.  DH and I have good jobs and pay our bills and save appropriately.  I wouldn't say my parents support us although we would make some different decisions if they didn't help with those things.  [/quote]

They're giving you what, ~$75k each year?  I'm not sure what you call that other than helping to support you.  Gimme a break.  [/quote]

Because if the parents did NOT gift them that $$$, they would make some different decisions.  So they are adults and living within a managed budget.  So while technically it is some help, if they would adjust without it, then they are not reliant on parents.  Very similar to how they would function (I suspect) if their family income decreased by $50-75K/year---they would adjust their lifestyle accordingly.

And really, what is the issue most have with this?  Jealousy that it's not happening for them?  Yes, it sucks to not have parents able to help you.  My parents could not help, we grew up very poor.  I can help my kids and certainly don't want to just give it when I die in 40+ years, as it will have a much greater impact now.  Majority of us are not raising "trust fund brats" who do nothing with their lives.  Our kids are contributing members to society, with a bit extra financial help to lift them to the next level (or in my case, to ensure they start investing for retirement at a young age and take full advantage of time).  Why would I not pay for my kids to join us on vacations, which they could obviously not afford in their 20s on their own salary?  Kid is told when and where we are going and asked if they'd like to join.  Sometimes they do, other times work/commitments does not allow it.  We like to spend time with our kids, vacations is a fun way to do it and we can afford it.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics