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General Parenting Discussion
Reply to "What are the classic components of an UMC or UC American childhood?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don’t know if it’s me being a cheap Asian, but I consider myself UMC ($300k) and barely do any of the things listed on this thread. Vacation home? Fancy private schools? Luxe travel with young kids? HA. About the only thing I did was buy a beautiful home in a pricey suburb and save aggressively to pay for college and a nest egg.[/quote] Yeah it all depends on what kind of family you were raised in and also your cultural values. My guess is most of these UMC posters are white. I know for typical Indian culture the family will not spend tons of money on vacations every year and will instead aggressively save for their kid’s college and weddings (if they have daughters), perhaps buy a fancy car to show they’ve made it, and save towards buying a huge new build in a good public school district. Different cultural values than most of these posters on this thread. :wink: [/quote] I mean, not really. Every poster who mentioned vacations also mentioned a big house in a “good” school district and 100% of college paid for. I would assume vacations are a nice extra after the mortgage is paid and 529s are funded. The wedding thing - that’s a big cultural difference, I’ll grant you that! I’d rather give each of my kids 50k with the expectation that they put it towards a down payment, rather than a wedding.[/quote] It does sound like a big lifestyle difference to be spending a good part of each year on ski, beach and Europe trips vs spending time with relatives. That’s another point.[/quote]
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