Reply to Why do people care if adult children receive help from their parents/family?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Not really jealousy so much as it's kind of sad that an adult still needs help from their parents, especially if you grew up without anyone helping you. Sure, I'll help my kids out if they really really need it, but if they just want nice things and can't afford it and expect me to pay for it, then no.  Live within your  means.  That's the best gift I can give them.. to be self sufficient as an adult and knowing how to live within your means.[/quote]

You are missing it. I am a poster upthread gifting my kids either a paid off house or a very large down payment. It will not be because they "really really need" it. It will be because I want to and because I was given a great head start by my parents, who set me up for success, I'm going to give my kids that same gift. I hope they don't really really need it. I just KNOW what an advantage young adults have whose parents pay for 6 years of their education and help them buy their first home.

I'm an American Jew and this is actually pretty normal in my community for those with means. We look out for each other, nobody gets left behind.[/quote]

How would you feel about giving them that gift and also sending them 1k a month to make house payments? Money that if you didn't send they would not be able to live in that house?[/quote]

Well, if I already gave them 500k, or if they were living mortgage free, that would be on them...obviously.

If we did not have the means we have, but my kids were struggling and needed 1k/mo to get them through a rough patch, then of course I would give them the 1K. I'm not going to have my kids lose their home.

I think some of you have some sort of fantasy going on in regards to how or why people get money from their parents. None of you know the intimate details of other people's lives unless you are their CPA. in my community, lots of people have made a good living for themselves and their kids go on to be quite successful with a hand up as young adults. I don't thinks WASPs understand this.[/quote]

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