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Reply to "How much money do you give your new college grad a month to get started?"
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[quote=Anonymous][quote=Anonymous]I’m planning on helping DC after graduation. They will likely live on one of the coasts and rent is high. Im thinking first last security some basic furniture and then 1k per month and ween them off as their income increases. I’ve already paid a guzzillion dollars to put them through 20 years private schools and college, why would I make them suffer now?? They just need like 3 years before their income rises to level of fully supporting themselves in a big city. I’m okay with that. [/quote] I put my kids in private education so they WOULD BE EDUCATED AND PREPARED!!!! My kids had a luxury life and they need to create that for their kids. They will get an inheritance amd money before we die, but the way to ensure longevity of generational wealth is to not provide economic oupatient care to capable adults. Show them you trust them to do this. You might be surprised by how smart and capable they are![/quote]
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