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Reply to "Do you accept financial help from your family?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm in my 40's. No, I would never accept financial help from my family. I can support myself. I honestly can't fathom and have SO little respect for the posters above who are adults and who have their parents subsidizing their lifestyles. Gross. [/quote] Don't you get the fact that maybe the parents [b]want[/b] to give the money? Especially while they are able to see the positive effect it has on their children and grandchildren while they are still alive. My parents are both passed now but it gave them real pleasure to slip me the occasional check for "big birthdays" and anniversaries. And I appreciated the gestures - the money was given and received with more love, and meant more to me, than the funds I got from the lawyers when their estate was wound up after they passed. My parents were at least financially comfortable and there were no strings attached to the gifts. Nor was it a case of subsidizing my lifestyle - more a case of them enjoying seeing and hearing of the results of their generosity. I fully intend to do the same for my children. Sorry PP if generosity makes you queasy - to some of us it is an expression of thoughtfulness, care and doing the best we can for our loved ones.[/quote] PP here. I think there's a big difference between financial help and generous gifts. I said that I had little respect for the PP's above who have parents subsidizing their lifestyles -- like, they could normally only afford to live in a regular middle class house, but they have parents who bought them a 2 million dollar home, or who accept cars, regular rent payments, that sort of thing. The idea of giving and receiving generous gifts occasionally is lovely -- like, grandparents splurging on a big family cruise or something. I have so many peers who live way above their means because they still expect "help" from their parents every month...and we're in our 40's! It's this extended adolescents, extended dependency on the generation before us, and basically living off other people's work that makes me pretty sick. In your case, as you said, it's not subsidizing your lifestyle, so I wasn't criticizing you personally. (I do have a general bias against inherited wealth in general. I'm all about enjoying it in your lifetime and raising kids who can earn their own wealth in theirs!) [/quote] My parents have more money than they could ever spend in a lifetime. They would rather help us out now, when we have high expenses from child care, schooling, etc., which allows us to take jobs that let us see our kids more, travel more, etc. The more they give us while they are alive, the less that goes to taxes. I would think that your bias against inherited wealth would mean you prefer parents help out children while the parents are alive, thus leaving less to inherit?[/quote]
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