Reply to Getting your adult kids "off the payroll"

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[quote=Anonymous][quote=Anonymous]We lived below our means and so my kids do not have super expensive taste.  We have given them a lot of financial leg-ups but they also know that we will pay for only things that we value.

We have lived in an inexpensive neighborhood, my kids have gone to public schools,  DH has a horrible commute, we drive our cars until they die. But, we have also been able to afford many UMC things - yearly international vacation, bi-weekly cleaners, a 3000sqft SFH, tutors, expensive ECs etc.

When my kids made money (paid internship, merit scholarships for college) - we did not expect them to use it, instead we wanted them to save it in their Roth etc.

Here are the things we have paid for or will pay for -
- Every cost for college and grad school
- Each kid got a new sedan when they started college
- Travel, socializing, anything they wanted to buy in college  - until they got a well-paying job. 
- On our medical insurance until they turned 25
- Lived for free at home for as long as they want - no paying for rent, groceries, toiletries, medicine, utilities, use of vehicle etc.  They only paid for their own gas, parking, car-insurance and social life.  We told them that if they live with us permanently...they will have to chip in for some costs after they turn 35. 
- Wedding
- Setting up first apartment after getting a job (Furniture, gadgets, appliances, bed, bath, kitchen and dining stuff)
- First work wardrobe
- Winter, hiking and sports gear,  Luggage. 
- Laptop, phone, headphones, smartwatch, other devices. 
- 50K for down payment to their first house.

Once they start their job and are living separately from us - they pay for their own stuff (except what is listed above).   We send them money gifts for birthdays and Christmas. [/quote]

this is either a troll or the most tone-deaf clueless person on DCUM. you pay for all that and think you live frugally???[/quote]

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