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Money and Finances
Reply to "Buying a Car for your college graduate"
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[quote=Anonymous][quote=Anonymous][quote] Mistake . . . Wow, how sad for you that your relationship with your kids ( if you have them) isn't strong enough for you to trust them. [/quote] Not either PP. I don't think this has anything to do with "trust". I have a very strong relationship with my son; strong enough that he knows I can afford to buy him just about anything [b]without financing,[/b] but he also knows that the lessons learned about personal responsibility are way more valuable than anything else. That's how strong the relationship is. We talk about these things. I want him to stand on his own two feet and not ride on my wealth. At all. I grew up this way and it served me very, very well. I have come to appreciate my father very, very much (in my old age---LOL). [/quote] You are very fortunate your parents taught you to be responsible and you have passed that knowlege on to your children. The OPs son can still stand on his his own two feet with a liitle help from his Dad. In regards to the "trust" comment, there are parents who feel their kids won't make payments, have an accident, not take responsiblity if they total the car and stick the OP with the debt. I have taught my DS, that any debt incurred on his behalf, once he became an adult, was his responsiblity too depending on our agreement. I trust he would do the right thing and fullfill his commitment. A lot of kids now aren't taught those values and take for granted what they get. Their parents think think they have no value for any thing, and are suspect they would actually take responsiblity. [/quote]
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