72-year-old claims his 35 to 45-year-old kids don’t work as hard as he did, despite him receiving $1500 a month since he was 18 years old from a trust fund: ‘They want everything handed to them without effort.’

He can’t even acknowledge that he’s had a considerable boost in life that has nothing to do with him working hard. It’s funny to get financial advice from somebody with a completely different economic background. If someone has their college paid for by their parents and receives financial support from them into adulthood, they are …
Seguir leyendo 72-year-old claims his 35 to 45-year-old kids don’t work as hard as he did, despite him receiving $1500 a month since he was 18 years old from a trust fund: ‘They want everything handed to them without effort.’

‘I’m currently 27 and earn over $170k a year’: Old money parents want daughter-in-law to give up her high paying job to be a stay-at-home mom, freak out when she asks for money in a trust

Everyone has different relationships with money. Some of us grew up with a lot of it, and some of us didn’t. The way you grew up can affect the way you see money for the rest of your life. It not only changes the way you act but also the way you think. If you …
Seguir leyendo ‘I’m currently 27 and earn over $170k a year’: Old money parents want daughter-in-law to give up her high paying job to be a stay-at-home mom, freak out when she asks for money in a trust

19-year-old school graduate finds out older sister spent her college fund on her step-children’s private school tuition, causing the family to divide: ‘My grandparents are heartbroken but can’t just pull that money out of nowhere again’

Imagine working tirelessly for years with the sole hope of attending the university of your dreams.  The time has finally come to make the big-girl request for your college fund, the most precious stack of savings, carefully set aside for this very purpose, a key puzzle piece in turning your dream into a reality. But …
Seguir leyendo 19-year-old school graduate finds out older sister spent her college fund on her step-children’s private school tuition, causing the family to divide: ‘My grandparents are heartbroken but can’t just pull that money out of nowhere again’

‘I don’t think it’s right to take money from them’: Dad Refuses to Share Biological Kids’ Inheritance with Stepkids, In-Laws Accuse Him of Favoritism

Having an inheritance waiting for you from your family is one of those golden tickets in life that can really change everything, especially in today’s economy where student loans and sky-high rent are the norm for adulthood. Imagine starting your journey with a big transfer to your bank account instead of a pile of debt. …
Seguir leyendo ‘I don’t think it’s right to take money from them’: Dad Refuses to Share Biological Kids’ Inheritance with Stepkids, In-Laws Accuse Him of Favoritism