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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][quote=Anonymous]My father gives us $26,000 a year as part of his estate planning. It has no impact on our lifestyle. He could give it to charity or the DNC for that matter, and that would be fine with me, but this is what he wants to do. He's 81. I'm not going to argue with him about it.[/quote] This post really strikes a chord. This is the amount we need to save our house, and for us it may as well be a million. We are back on our feet after 2 job losses (mine when I was 6 months pregnant) and greatly reduced income, but will not be able to come up with the back due amount to not lose our home fast enough. It brought tears to my eyes that for some, this amount "has no impact on our lifestyle" and is totally inconsequential, while for us, it would mean the world. So it goes.[/quote] This forum is not reflective of the true stature of DC area families. Not everyone makes 400k a year, has rich parents that pay them tens of thousands of dollars of money that they don't need, etc... Don't let it get to you some of us have to work hard and earn our money and that is reflective of the norm not the prior. I used to be like this and with the help of my spouse I have learned to appreciate what I make and refuse money from my parents no matter how small. It is also part of the experience of learning how to live on your own and sometimes tough situations can help couples work together and later in life reflect on making it through them. In the end you can't take the money with you when you die.[/quote]
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