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Money and Finances
Reply to "Empty nesters... financial impact of kids leaving? "
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[quote=Anonymous]Yes, utilities, food and transportation went down but so did medical and, obviously, educational expenses and activities. Glasses, braces, sports teams, etc. - you spend a lot on medical with kids. My kids were also launched by my late 40s but I’ve kept them on the phone plan. One has my extra vehicle (given during covid) so that vehicle is still on my insurance. And we all share plans - whether that’s Amazon prime or Netflix or Hulu. Everyone pays for one. I will sometimes help out with something big: medical expense or some unexpected expense, but they are pretty self-sufficient. None is married yet but I will give a chunk towards any wedding. I don’t have deep pockets so it will be a chunk of money for a wedding and they can decide how to spend it - they can contribute on their own and have a big wedding or save it and go to a justice of the peace, I don’t care. [/quote]
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