Reply to adults who live off their parents' money secretly annoy me (and i don't understand them)

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[quote=Anonymous][quote=Anonymous]"Nanny here- My parents bought me a $950k condo when I turned 25. They also bought me a car and paid my rent until I had my condo. I work and went to college.

My parents said it was because that is how it's done with 'old money' and that you pass it on to the next generation while you are still alive and also avoid paying taxes by giving a one-time gift? I don't really understand it, but I'm very grateful.

They also did this for all my siblings.

I work really hard and having my condo paid for allows me to live here while earning less money, but working job I really really love (bring a nanny!)."

Wow! What do your parents do for a living? [/quote][b]

My parents are both psychologists.  This is old old old family money.  My parents have always said that money is for security and not to be spent (my relatives are very frugal!!!) it's to be passed on to the next generation. Seriously my Mom used to not even let me buy ziplock bags because she said they were too expensive and 'fancy'.  For school lunches we used those old school baggies or parchment paper![/quote]

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