Anonymous wrote:Anonymous wrote:We are one of those families who make people wonder. DH's Mom has paid for private school starting with the overpriced preschool. She gifts us $28k annually, deposited $120k into 529s for each child and we'll get a big trust when she passes.
That said, DH and I were raised with a work ethic and want to achieve for ourselves. We buy trips and tickets for the kids, but don't spoil them or leave them with a nanny. We expect good manners and to behave with character. I've worked part-time or SAHM since kids came along, but we travel a lot. I use my PT income to fund Europe, Caribbean, Disney, etc. That's the main thing people hint about (aloud to me and to mutual friends.)
PP mentioned knowing who the rich people are - yes, it's clear who has lived with wealth for more then a single generation. They love a bargain, don't pay full price when they don't have to, and keep their Mercedes for more than 5 years.
Wow, my IL's gave $10k into our kids 529s and I thought that was a lot! My parents don't have any money and never did!
I'm not sure you can claim the "work ethic and want to achieve for ourselves" when you accept that much from MIL. If you donated her money then said that I would buy it.