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Adult Children
Reply to "How much financial help are you really giving your adult children?"
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[quote=Anonymous]Adult child here. DH’s parents give us the tax exempt gift every year. And both sets of parents help with some expensive therapies for one of our children who has special needs. If we needed more help, they would be there. After I graduated from college, my parents helped me with rent until I could afford it on my own. They also had me on their credit card. I was self sufficient by 26 and budgeted very carefully. Despite all the help they gave me, I don’t think I was entitled about it - I felt grateful, and when I no longer needed the help, I stopped accepting it. The money we receive now goes towards expenses for our kids. We don’t live lavishly or particularly above our means. We have a kid who has special needs and needs help, and our parents are able and willing to financially contribute. [/quote]
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