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Money and Finances
Reply to "Who here is regularly supporting their adult children financially?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We are now paying daycare expenses for our first grandchild. My daughter carries their health insurance and her husband has 2 kids from a previous marriage that he has to pay child support for. I'm not happy about it but I'm not sure what to do about it.[/quote] Oouf that's tough. A divorced man with kids accepting hand-out from his in-laws. Save that money for your daughter in some kind of rainy day fund. Tell them you're putting it away for them to have a downpayment for a house or something like that, but all in your daughter's name. [/quote] Paying for the grandchild's daycare keeps their daughter employed. That is the best thing they can do to promote the daughter's longterm financial stability. If the daughter quits working because she and her husband an't afford daycare, she's screwing herself financially for the long-term, especially if she ends up divorced.[/quote]
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