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Reply to "Who here is regularly supporting their adult children financially?"
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[quote=Anonymous][quote=Anonymous]I come from an extended family with considerable wealth, and if there’s one thing I can say anecdotally about parents who support/give money vs those who don’t, it’s that it seems to make little difference. In fact there’s more variation in life outcomes among siblings than across family units with different approaches on this front. I’m not saying that if you could do a real experiment you might not see differences (though of course you can’t do that experiment). But I don’t think it’s as big a factor as some people believe. [/quote] I like it…take one sibling and put them on the street and lavish the other and see how it turns out. I will bet you the usual amount ($1) on the outcome.[/quote]
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