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Reply to "Why do so many of you NW adults have Trust Funds or get parental help?"
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[quote=Anonymous][quote=Anonymous]My parents are multi-millionaires. They helped me buy a small condo when I got out of grad school, and gave me a car. I was able to save agressively and buy a house with my husband a few years after our wedding. They didn't give me anything for years, but now are paying half of our private school tuition bills (covering one of two kids). They also started a college fund for each kid. This year they are renting a beach house for a week for my family, them and my sibling's family to all get together. They weren't going to pay for the whole thing, but an investment sent them a $150,000 check last quarter, so they decided to pay more. My sibling and we still struggle a bit in this area because its so much more expensive than where we grew up. [/quote] Not to be snarky, but do you understand that you were able to "save aggressively" because you didn't have to pay for your car/all of your housing/student loans? [/quote]
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