Reply to If you are a trust fund kid, why do you work?

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Reply to "If you are a trust fund kid, why do you work?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Like several PPs, I work at a job (in academia) that I couldn't afford to work at if I didn't have inherited money. We pay ZERO premium for family health insurance coverage through my employer (and I don't see how concierge medicine is some kind of rich people alternative to insurance. I might need an organ transplant someday, and it's hard to even get on the waiting list if you don't have insurance, even if you're rich enough to just pay for it). It's better insurance than what I could get buying a plan on my own.

Also, tuition benefits for my kids (sure, I can afford to pay out of pocket for college, but do I want to? Not really. My ancestors worked too hard for this money for me to waste it). And I want my kids to see that I work, so that they will hopefully have some ambition and not waste whatever money they inherit.[/quote]

So you have a trust fund and you are forcing your kids to go to college for free? My DH has a trust and college tuition is a mere drop in the bucket compared to the earnings of the fund and he went to medical school. Plus my kids will be beneficiaries of said trust, if we were so cheap luckily for them they could fund their own education.

I'm shocked your trust doesn't provide for your kids better. [/quote]

Look, SAHW with a husbanddoctor chimes in!

All the people who are urging TF kids to just flippantly pay for health insurance and college is hilarious. The reason we have accumulated wealth is because we are able to make wise decisions around money ~ not because we buy everything without a second thought because "drop in bucket!!!"

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