Reply to Wife and I have dramatically different opinions about how much financial help should be given to adult kids

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Reply to "Wife and I have dramatically different opinions about how much financial help should be given to adult kids"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My parents paid for all that and more. My siblings and I will do the same for our kids. [/quote]

+1. And I don’t think this results in spoiled kids. College is important and student debt is crippling. If my kid is gainfully employed and can pay the mortgage, I want to help with the down payment so they don’t have to spend years wasting money renting if they don’t want to.

At the end of the day, if my financial needs are comfortably met, I’d rather gift money with a warm hand than with a cold one. [/quote]

+1.[/quote]

I think there actually are quite a few spoiled young adults. A lot fully expect homes as nice as their parents homes right from the start and expect their parents to cover the difference between what they can afford and what it takes to get to their desired level of home. I would rather contribute toward college for the grandkids and have our kids and spouses learn to live within their means instead of giving a false sense of wealth. [/quote]

How will they learn to live within their means if you pay for college for grandkids?  Every dollar for their college is one less dollar your kids have to pay…which they can then spend unwisely if they choose.[/quote]

How will you 17 year old learn to live within their financial means if you may for their food and let them live in your house??? Pearl clutching![/quote]

Try again in English if possible.[/quote]

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