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.
Buying them a house seems pretty extreme. A shitty used car and paying for a shitty small studio apartment would’ve been fine, IMO. Sounds like you are providing luxury rather than just supporting them. Idk if going directly into private practice is advisable or not. People tend to not appreciate things given to them as much as what they feel they’ve worked for. Not sure what people should do. What you’re doing is probably better then just putting your excess resources into financial instruments I suppose. I don’t agree with the idea parents should let their kids struggle greatly when they don’t have to either.
That’s a good point about private practice. If you go directly from graduating to being in charge of a whole practice without having gone through the middle stage of building experience and seeing how practices are run, you’re probably not going to do a good job.