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Reply to "Why do so many of you NW adults have Trust Funds or get parental help?"
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[quote=Anonymous][quote=Anonymous]Interesting the different philosophies. My parents not only didn't help with college, but they even stopped buying me clothes, etc... oncr I hit 15 and could have a part-time job. This was a combination of their patenting style (independence) and not having much money. On one hand it did help us mature and learn how to bugdet, make things work, always have a job, etc... ; however I think they took it to the extremes. I definitely am planning to do more to help my kids financially, but will balance I so they ate not stunted maturity wise. We are not nearly as wealthy as most on this thread, but we make enough to be comfortable, pay for kids college, and not be financially stressed. We are in our low thirties and actually buy some things for my in-laws and fully except to have to partially support them in a few years.[/quote] Wait, your parents completely cut you off when you turned 15 , but you will support your in-laws , they were different I assume? What about your parents? Will/would they come and ask you for money? Hopefully not! [/quote]
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