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Reply to "Are you paying or contributing to your kids weddings?"
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[quote=Anonymous][quote=Anonymous]I earmarked $100k for each child (DD and DS). If one of them goes for a smaller wedding, I will probably give them the rest in cash.[/quote] My kids are young and $100k seems like an insane amount (although as the time approaches I will hopefully have more money), but this is my general approach. Tell each kid they have a bucket of $XXX and if they want to spend it all on a wedding, have fun. If they want a chunk or most of it as their wedding gift so they can put a down payment on a house, even better. I know what I would prefer. But they will be adults when they get married and adults get to make their own choices and mistakes.[/quote]
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