Should parents continue to finance their children after the children are 18?

Question

Should parents continue to finance their children after the children are 18?

Answer 1

yes TO A CERTAIN POINT. BUT THEY NEED TO GET OUT IN THE WORLD AND GET A JOB SO THEY CAN START TO SUPPORT THEMSELVES. BUT THERE IS NOTHING WRONG WITH HELPING THEM OUT FOR A BIT IF THEY NEED IT. BUT YOU HAVE TO TEACH RESPONSIBILITY TOO AT THE SAME TIME

Answer 2

Look, these people dont know your kids and they dont know you. This is a question that can go several ways, depending on your children and you. Some peopl on here think that you shouldnt do anything, while others think you should do only a little, and others think you should do everything.

As for me, as long as I was in college my parents told me that they would support me. I was told to get work experience during college and then after college they would help me until I was on my feet. Granted, my dad makes an appropriate amount of money to do this.

Someone on here says that all children who are taken care of like this will turn out badly....no ambitions, nothing. That is definitely WRONG. Some might, others might not. Thats why I said, you need to look at your own child, your own financial status and make the desicion!

Good luck!

Answer 3

Everyone has different perspectives on this- but in the end I think most parents think they are doing what is best for their child. For example my husband's parents believe in order for your children to become productive adults you have to let them go when they finish high school- so they don't help with any thing as far as college, getting into a car, and etc. Now don't get me wrong- they give gifts like when we got married they brought our expensive bedding. My parents on the other hand have been the reason we have good credit and have been able to fully pay our car off. My mom let me continue living with her after 18. While at the same time she taught me how to establish credit, save my money, and basically to become responsible. Legally parents do not HAVE to continue but if they really IMO want to help their children do better and to have more as long as their child is willing to work with them- why not? It means a better life for your children and when you get old as some one else said your children are who take care of you so you hopefully reap the benefits. At the same time I am closer to my Mom than my husband is to his parents. So in my opinion if you can help your children in this way while teaching them- then yes.

Answer 4

Yes. I think here, in America, the connection between parents and their children is very little. Parents basically kick their kids out as soon as they hit 18, wanting to go back to their lives, and kids send their old parents to nursing homes so that they don't have to care for them themselves, which is so sad in my opinion.

One should finance their kids after 18, and the excuse that "they should learn to be in the world themselves" is not really a good one, 'cause 18 isn't really a big age. One should at least finance partially.

Answer 5

NO!! I have been buying my own clothes and food and what not since I was about 14 years old. I still lived with my parents, but paid for my own stuff. When I turned 18, I joined the Army earned the G.I. Bill for college and now I am 21 living on my own hundreds of miles from my family, and I am doing GREAT!! If you coddle your child and continue to pay for everything they will NEVER become independent and learn how to make their own way in the world. What would happen if something were to happen to you?? Would your child know how to take care of themselves???

Answer 6

I really think that it depends on the child.

If the child is spoiled and doesn't really know that value of money or work then I would certainly say no.

If the child is hard working, gets good grades, is going to college then I would help somewhat.
Give the child some responsibly if he/she is in school. Ex. pay for gas and car insurance.

You could provide a certain amount of money for clothes and if the child wants name brands or more expensive then he/she can supplement the difference.

I truly think that it is not really cut and dry. It depends on the child and the level of maturity.

Good Luck!

Answer 7

Parents are parents for life, but not a bank for life.If the 18yr old is self sufficient & able to cope financially money should be given as a helping hand,not just handed over.They need to learn responsibility & to gain self value for themselves too.By just handing money over will only enable them to be reliable on you & not gain any self independance.I believe we should always be there for our children, but in ways that they will benefit from.If money is needed, & if the 18yr old is working p/t, make it a loan perhaps.If not working, doing chores & being apart of the family should be ok.When things come too easy to anyone there isn't a challenge anymore, & it only assists in helping the person lose self worth & value of themselves & what the world is all about.

Answer 8

It depends.

If the child / adult is a loser and just wants to lay around and sponge off their parents then no they should not give them any money.

If they are in college (Making good grades) and need a little extra money to get by then yes they should help.

If they are on their own, have there own place working etc. If they are having a little trouble then yes help to a point. If they are trying to live above their means then no.

Answer 9

I think that would vary on the child. If they were going to college, getting good grades and showed maturity and responsibilty, then yes, as long as they are living with you and don't have a full time job. If, however, they lack motivation and responsibility and aren't going to school, then that is the parents choice, but I personally wouldn't.

Answer 10

Your a parent its your responsibility and duty to watch out for your children for life. And not only that it is your child you should love and care for them so if they need help it shouldnt be a problem

Answer 11

As far as "Finance", yes and no. College, maybe a first car, and essentials. As far as parents picking up the entire tab (cell phones, spending money, etc.), I think that is wrong!