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Reply to "Did you get parental help to buy any houses you own? "
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[quote=Anonymous][quote=Anonymous]My parents gave me 125k for downpayment of our first 650K home (in 2015), i had saved up the same amount (I was 32 and we had 2 young kids in nanny share). Then 7 years later DH's mom got a surprise inheritance and gave us a million to buy a 1.5M house...[/quote] And also: my parents are not wealthy, they were frugal teachers. They gave the same amount to their 3 kids for a downpayment. They pushed us to have very frugal weddings though and we had to finance at least half. We were also able to graduate with minimal student debt thanks to their help and guidance. I really admire their financial skills and generosity (they could have upgraded their house, gone on cruises etc... instead of helping all of us). I plan to do the same with my kids. My money is their money, i will def help them along the way as much as i can, but for things that matter: education and a home.[/quote]
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