Children these days think they need to live the lifestyle of their parents without working for it. They think it should be given to them. Well some do. Not all.
2007-12-18 16:31:25 · 8 answers · asked by LucyLucy 2 in Business & Finance ➔ Personal Finance
I think if I had a million I would not leave it all to my children. I would definitely give some to charity.
It's too bad parents don't ban together and quit this spoiling of the kids. Get them off the couch. Give them some chores.
2007-12-18 17:55:28 · update #1
Sometimes I have to chuckle though. What comes around goes around and I'll be gone when it comes around and then what will they do when they have spent all they have mooched.
2007-12-18 17:57:01 · update #2
Yes, and although I do not consider myself elderly (I am 62) I know that had I kept all the money that I have given to my kids to bail them out of financial difficulties and in gifts, my retirement would be much more pleasant. As it is I have to really watch my pennies. I see them all getting ahead now, and I think to myself I am grateful they are finally becoming successful; and I would do it all over again in a hot minute, but I wonder what is going to happen to me as I get older. I know my husband is going to be there for me, but what about my kids?
Edit: So Marlu are you saying that it's ok for adult children to sponge off their elderly parents just so they can have a good lifestyle. We had to work hard for what we have. No body handed to me -- when my folks passed away I got $1200. That's it. When I pass away, my kids will split in excess of a million -- which I might add is not liquid assets but tied up in real estate and investments. But my husband and I had to earn that ourselves. No one handed it to us. But along the way my kids felt it was okay for awhile to got to the First National Bank of Mom and Dad anytime of the day or night. Thank goodness that has changed.
2007-12-18 16:40:59 · answer #1 · answered by Diane B 6 · 0⤊ 0⤋
100% and we the parents are to blame( some of us but most of us) give our kids everythinkpossible we spoilthem wrotten most teenagers do not even catch a bus because we the parents are the free taxi drivers .Name a child that shares a room with there sibblings( not many) .i think the children should we should be payingbored in there house ha ha .
as parents you can never watch the tv show u want as the kidshate it and even if there is 2 tv they have there blaring over ours .yes we are going to find iot hard in our retitrement .It would make it a bit easier if the kids would pay back the money they borrowed .
But I think we the parents are the fools I honesly do
2007-12-19 00:45:06 · answer #2 · answered by Lindylu 3 · 0⤊ 0⤋
I'm leaving nothing to my kids. I am not rich, I've worked almost constantly since I was 16 years old. I will hardly have anything when I get to retirement age anyway. Plus, I have a cousin who is a manager of a nursing home, and she says if you have it, spend it, because if you have to be put in a nursing home when you are older, there will be nothing left to leave anyone anyway.
2007-12-19 16:36:41 · answer #3 · answered by Princess of the Realm 6 · 0⤊ 0⤋
No, I don't think so.
Elderly people have either been prudent with their money and will be OK in retirement, or they've haven't been prudent and most likely bought too many cars, boats, vacations, etc.
I doubt the kids fit into that equation too much at all.
2007-12-19 01:55:31 · answer #4 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
No they ****** themselves, by not investing, saving, etc. Blaming it on your children is a bogus excuse.
However I do think children these days are spoiled rotten.. no way my mom would of let me have some of the **** these kids get today. However I don't think these two topics are linked in any specific way. (unless your one of the retarded parents who blew a few grand to get Hannah Montana tickets!)
2007-12-19 00:41:59 · answer #5 · answered by Jukari 4 · 0⤊ 0⤋
Elderly people shouldn't have children anyway, they're too old to care for them!
2007-12-19 00:38:46 · answer #6 · answered by Merve 2 · 0⤊ 1⤋
Not necessarily. The cost of living has risen which makes it harder to live.
2007-12-19 00:40:48 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Possible. if they have no other savings
2007-12-19 00:35:57 · answer #8 · answered by tmuthiah 5 · 0⤊ 0⤋