Reply to “Family money” becoming more important in dating

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Honestly , the COL is going way up, it’s really hard to buy a house and replicate a UMC lifestyle. The people who can do it while working regular jobs in a big city have family money: cover house down payment, no burdensome student loans, maybe inherit someone’s car etc [/quote]

In this case we aren't talking about serious family money. We are just talking about the kids coming from stable boomer families that saved. [/quote]

I think it comes down to the issue of, there are two types of families out there: are your own parents likely to be financially supporting the younger generation (or at least financially neutral)? Or is the younger generation likely to be financially supporting their own parents and older relatives? People don’t want to have a mismatch on that front. And if you grew up in a family where the grandparents lived alone and did fine living off a pension, investments, and social security, and didn’t expect financial support from their adult children … it would be super hard to suddenly realize that you have to send money to grandma because she never saved for retirement when you’d rather be paying for your kids swim lessons and a vacation trip to Yosemite. [/quote]

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