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Money and Finances
Reply to "Ever wonder how others afford their lifestyle?"
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[quote=Anonymous]It's called a trust fund or a life insurance settlement or an inheritance. There are many many people who gave wealth left to them in various ways and use that money to pay for the luxuries and extras in life like vacations and private school. Lots of grandparents pay for private school. Also, lots of grandparents reduce their estates by gifting family members with large sums of money every year. I had friends in high school whose grandparents gave them thousands every Christmas and birthday and their parents let them spend about $100 of it. The rest went into sticks or CDs or whatever. Even seemingly middle class folks often do this.[/quote]
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