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[quote=Anonymous][quote=Anonymous]Bought house in 30s in 2006. Not a good time. Saves money by living with roommates and then an apartment on my own. I thought my family was generous when I’d get $100-$150 (without the extra zeroes) for bday and Christmas combined. I would be ashamed if my my parents gave me money to pay for a wedding or house. Some people are real takers around here. I also paid my own way through college and paid my own bills. [b]For those who inherited money after parents passed is different[/b].

Just because your parents offer to pay, doesn’t mean you have to take their money. [/quote]

How is this any different? I’m an only child. I will inherit everything from my parents someday. They paid for my wedding (in part because they wanted it to be a big affair they could invite all their friends too) and they wanted to help DH and I get on the property ladder early on in our 20s shortly after grad school. They said they’d rather help us early on so we can begin to build our own wealth while we’re still young than wait until we’re older to inherit. They can’t take their money with them and they have plenty to enjoy their retirement and set aside for elder care.

I guess we could have declined their money so an anonymous internet poster could think more highly of us, but in the meantime we were able to refi to a < 3% mortgage and watch our property value go up while our incomes also rise. I’m very grateful for my parents and plan to help my own kids as much as I can someday.[/quote]

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