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Adult Children
Reply to "At what cost do you help your adult kids after getting them through college? "
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[quote=Anonymous][quote=Anonymous]Here's news. Not every parent hands over down payments. We got our first house at ages 34 and 35 after being married 6 years. Saved our own down payment. [/quote] Same! We were a bit younger (25 and 26) but we got nothing (except $2K from my parents towards our wedding). We paid off $75K in student loans and saved for our first house all on our own. Yes housing was cheaper then. But we also did things like routinely take our lunches and snacks to work. We budgeted for each eating lunch at work/out with colleagues 1-2 times per month. We only went out to eat for dinners 2-3 times per month and we didnt' bar hop/waste $$$ on alcohol. We drove older basic cars and our vacations were driving to somewhere 3-4 hours away for 4-5 days at most. [/quote]
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