Reply to What do you do when your kids pursue their passions and are now broke as adults?

Forum Index » Adult Children

Reply to "What do you do when your kids pursue their passions and are now broke as adults?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Money is not everything. There are a lot of miserable well paid people in the DMV who work in soul sucking jobs. They have traded their dreams for financial security. That's a heavy price. [/quote]
There's a balance.  Money isn't everything, but you need money to survive. Even if you have somewhat wealthy parents who can support you, what happens to your kids when the grandparents money is all gone by the time they reach their adulthood?

Teach your kid to fish.[/quote]

Know so many stories here, including DS' ex GF. New England money that was finally gone in her childhood. Nearly homeless in HS, exacerbated by divorce, until someone allowed the mom, GF, and sibling to move into a basement.

And others where the DCs didn't realize that their parents' bougie lives were underwritten by family money and now complaining about the crap houses they can't even afford in Bethesda. [/quote]
IMO, parents who have a bit of family money, and let their kids think there will always be family money they and their children can live off of do their children a disservice.  We are not talking about the uber wealthy, like the Bezos or Buffets, but the UMC to somewhat wealthy.  Even so, neither Bezos nor Buffet are leaving everything to their children, and want their kids to learn to stand on their own.

If your kid is fine with struggling while pursuing their passion, at least inform them of the realities of life. Otherwise, you are doing your child a huge disservice.[/quote]

Buffet's grand daughter had to go on welfare because he won't help out.  Seems like there should be some way to "fine" a $100BN+ person that they have to at least reimburse the government for welfare.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics