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[quote=Anonymous][quote=Anonymous][quote=Anonymous]1, net worth higher than 10 mil 2. 6 kids aged 36-28 3.left home at 17 no assistance Each got the same We pay cell bill and car insurance til graduation from college once they got jobs cut off. Each got car like an old civic or rav 4 to use from sophomore year college til they buy their own after jobs we gained. All worked summers in HS and college . Undergrad we paid for most things they contributed with summer jobs and jobs during the year. Grad school they paid everything except we paid for health ins til age 26. I grew up with nothing. I know what it is like to go to bed hungry. It is not lost on me that we are extremely lucky, [/quote] I don’t get this tough love approach. As long as they are on the right track why not help more? [/quote] Yes, I don't get it either. I grew up poor, ate free lunch at school for at least 3 years whenever parents were not employed type of poor (so very lower middle class, as parents barely made enough for us not to get services when they were employed). As long as my kids are working hard, we plan to help support them. As it is, my recent college grad is employed and doesn't want us to help much--for their self-esteem they want to "do it all themselves". They are very appreciative that college was paid for and they did not have to worry about money during college, like many of their friends did. So with that attitude, they will be fine and are creating a budget and living within it. However, we will help wherever the DC will allow it. If they start wasting $$ and not being responsible, then we might not be as willing to help. But for now, they can stay on my amazon prime, use my Netflix, stay on the cell plan (and pay me if they so desire) simply because it makes financial sense to do so. And I will pay their auto insurance if needed, as it's actually almost $2K cheaper having them off my plan and on their own, so I'm already saving I want to help my kids (and any future partners and grandkids) enjoy life while I'm alive. They will get plenty $$$ in the estate, but I'd rather they get some of it while I'm still alive and I can see them enjoy life. Why would I want them to struggle or not live at a better level. When they are ready to own a home, we can help them get a slightly nicer place by helping them with a downpayment, why wouldn't I do that? I don't need to build generational wealth that nobody gets to actually have until they are 50+ and we are dead. [/quote]
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