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Adult Children
Reply to "Would you buy your adult kid another car"
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[quote=Anonymous][quote=Anonymous]We can afford it, so all our kids have always had cars we have purchased outright (used, not new) and we have our family insurance agency process the policies. We also pay their premiums "Take out a car loan like everyone else" is a very bad financial decision. Your 25K car ends up costing 50K. GREAT ADVICE We also just paid the hospital delivery and NICU bill for our son's gf who had our grandchild without their being married. Big whoop, it's our money. Somehow there seems to be a message that everyone needs to pretend to have come from a working class background and made all their money from "hard work" when it's usually anything but. If you're hoarding money like some dragon while your kids can't make rent or bills, what was the point of your making money? Truly? What was your goal?[/quote] You are wealthy and op is not. The goal is to not be broke in old age because they financed grown, working adults forever.[/quote]
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