I know opinions on this vary a lot depending on the country and culture, so I’m curious what others think. Personally, I have a 22-year-old son. I bought him a house and a car, I pay for his university tuition (his grades are high enough for a state-subsidized spot, but we feel that should go to someone more in need), and I basically support him fully. We want him to focus on his studies and enjoy this stage of his life. He will finish his dentistry degree in 2028, and then we plan to finance the opening of his private practice. We’ll stop providing financial support once he’s earning enough to live comfortably on his own. I see many parents online (especially in North America) talking about kids moving out at 18, paying rent to live at home, and covering their own bills, and it honestly shocks me. That feels unfathomable to me. I believe that as parents, we have a duty to give our children a good life since we brought them into this world.
i live in boston ma.
probably like 10-20% of the population is like OP. tons of wealthy people who have planned and paid out their childrens entire lives.
and their children still hate them… and are often massively immature and childish because they will never have to be adults who made their own choices, pay their own bills, etc.
it is very real, and very common among the top 10% wealthiest americans. the types who go ivy league schools.
I’ve met people like this.
Literally enough money to never work and still live comfortably. I was talking to a wife of one that made her husband start a business simply because he was out golfing too much.