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Reply to "What percentage of the population do you think has a trust fund?"
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[quote=Anonymous]I have one friend (that I know of) who has family money. I don't know that it's technically a "trust fund." At least some is a share of income from her father's business. But she's mentioned there's money for her four kids to go wherever they want for college, she pulls from it for travel and pays for her kids' expensive sports and she and her husband don't really worry about saving for retirement (she's a SAHM). If you only knew her casually you'd have no idea. They live in a modest house with minimal updates, drive old cars and her teens go to the public HS that has a wide range of SES. They all did Catholic School for K-8 but the grandparents pay for that directly for all their grandchildren.[/quote]
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