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Adult Children
Reply to "Buying Property for Young Adult Children"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My parents basically paid my way through life into early adulthood. School (no loans), cars (no car note), and gave me down payment for my first house. A lot of people assume if you do that for your kids, they’ll be irresponsible, but quite the opposite. Also, life is so expensive now, so in reality, it was merely a head start. I make decent/good money as an attorney, but I’m not filthy rich on my own…yet. I live on a budget, and my parents still offer to help me, but I try to do most things on my own. I’ve saved but have been impacted by 401k and stock market like everyone else. I’m thankful for my parents and will care for them in old age, even though they did long term care. I won’t let them go to a nursing home. [/quote] Merely a head start? Damn, at least own your privilege. [/quote] “Life is so expensive now” is a lesson in A) is it that way all over the country? B) do I HAVE to live here and if so, do I WANT to live in a way that requires me to have to take from others? Good that your parents have long term care. My father was oblivious to all of it and even joked that ‘we can pay for everything’ and now end a month with $45 or less in their account, have decimated their savings, and refuse to move out of their home because “they like it there” but can’t even afford to insure it. Furthermore, when you are paying 20K plus for round the clock care for parents with physical limitations, talk to me again about a nursing home/assisted living (which, btw, assisted living means paying 8K for 45 minutes/day)[/quote]
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