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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]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] +1 Cheap Indian. UMC ($350K), Beautiful home in cheaper area. Public magnet. Nest egg. College and beyond - education. Modest saving for weddings ($50K). $100 K towards first house and car for each kid. Kids can decide to have a backyard wedding and basically pocket $50K more. Hopefully, I have raised financially smart kids. Obviously, anything I do for my kids after K-12 is conditional. If they don't want to go to college and have a career that can sustain them and their future children, I will not be paying for anything after they graduate from high school.[/quote]
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