Reply to NYT: 30 somethings still being bankrolled by their parents

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Reply to "NYT: 30 somethings still being bankrolled by their parents"

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[quote=Anonymous][quote]Anonymous wrote:
Anonymous wrote:
As someone who had no help applying to college (and making financial decisions about college), and no financial help from my parents after turning 18, this article is kind of rage inducing.

Nah. It’s totally worth being an independent adult whose major financial successes have been entirely on her own.

A lot of times money comes with strings. I have pseudo wealthy parents who could pay for things if I asked them. But I would feel like a loser having my parents pay for preschool, our downpayment etc.

Many of the friends whose parents still pay for things have marital problems as a result. Money is rarely free.

[b]This is you trying to make yourself feel better. [/b]Lots of people get help with down payments, yearly gifts, etc. Often there is a solid relationship there. My parents gave me a large down payment and I didn’t even ask for it. If there were strings I didn’t see them and they certainly weren’t visible to my spouse, and definitely not a source of tension. And I didn’t buy an extravagant house, I bought a regular house and don’t have a mortgage.[/quote]

No the PP.  I don't see how you can know how that person feels.  You don't know the person or the parents.  Maybe this works for you and your spouse, but not everyone is the same.  I have seen a situation where the grandparent gave a lot of money and created a real sense of entitlement for the grandchild (won't go into details).  This caused tensions and ultimate divorce for the parents of the grandchild.  Money isn't everything.  Just saying.  [/quote]

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