Reply to If parents expect repayment from their adult children, how are they any different from a business?

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Reply to "If parents expect repayment from their adult children, how are they any different from a business?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We estimate it took us about $275,000 to raise each of our kids. It's perfectly natural to ask them to pay back some of that money once they have good-earning jobs. I finally would also like to drive a nice car.[/quote]

Thanks for the laugh!!!

Your kids didn’t ask to be born.  They owe you nothing![/quote]

In many cultures children are expected to sacrifice and support their parents in old age. So asking them for a nice car or vacation once in a while is actually quite modest when compared to moving in them so they can take care of you![/quote]

Gross. That money should go to your grandchildren. We’ve made such a mess of this world and homeownership will be out of reach for so many, but sure Granny your selfish need for a fancy ride trumps everything. [/quote]

Well, we deserve a nice retirement beyond just the bare minimum. A nice gift shows thoughtfulness and love for your elders. Don't be such an ungrateful brat![/quote]

Well, entitlement is wrong but if one is well off largely due to sacrifices of their parents, its only fair if they try to help them in their old age. As far as giving them a fancy lifestyle, not a big deal for wealthy, they give big donations to charities too, they sure can subsidize a cushy life for their parents.[/quote]

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