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[quote=Anonymous][quote=Anonymous]OP. Thanks for all the perspectives and sharing your experience. Our parents believe family money shall be passed down not spent so that really limited my thinking. My cousin got his inheritance early and lives off that. Our parents and aunts often shook their heads when talking about him, making it clear to the rest of us they don’t approve of that kind of lifestyle.

Every year we will find a check in the Christmas card from parents, covering private school tuition. But they don’t ever talk about it and we are kinda embarrassed to accept money from them. Somehow I thought that’s how all families deal with money, an awkward topic to be avoided at all cost, but it sounds like our families are the exception not the norm lol. [/quote]

your family isn't really the exception.  Lots of grandparents pay.   Our do as we said and our net worth is in line with yours.

At first it was embarrassing but then it's just a way of them passing down money they would give us anyway.  Plus we do help with their retirement assets and it's done pretty well over the years and they have more than enough to live very comfortably, although they live significantly below their means just like us.[/quote]

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