Reply to Why do so many of you NW adults have Trust Funds or get parental help?

Forum Index » Off-Topic

Reply to "Why do so many of you NW adults have Trust Funds or get parental help?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]We have family money that is generational.  Its all within trusts and such that I just found out about since one day I will manage them.

I will not rely on the money to maintain a lifestyle or live beyond our means.  All that money will all go to savings for our kids college funds, vacations, weddings, etc.  I personally do not even acknowledge it is "ours" because I do not intend to use it for myself or DH.

I absolutely acknowledge that it opens doors for certain things we would not be able to afford oherwise (i.e. college for kids, etc) but it is not going to be to maintain a lavish lifestyle.  Yes I think some people spend this type of money with the intent to build a lifestyle they could not have or afford expensive cars and homes.  But for me, it will be for my kids benefits and then I hope that when its time for them to take over the trust they have the same values I have with it.

Its really no one's business and I do not flaunt it in any way.  Thats just me.  I know there are some people out there that think they are entitled to family money and do not value how lucky they are.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics