Why do rich goys refuse to help their kids financially?
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Date: March 21st, 2019 1:43 PM Author: Zombie-like useless brakes dilemma
My folks were like this. I got very little help financially, and while at times it was really (really) hard, because they are wealthy I knew that i was never going to get in real trouble and I took risks. It forced me to learn finances, learn how to manage debt & loan, etc.
lol they didn't even pay for my law school, I had a family member clear my loans via his will when he died.
(http://www.autoadmit.com/thread.php?thread_id=4223998&forum_id=2#37966618) |
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Date: March 21st, 2019 5:26 PM Author: Zombie-like useless brakes dilemma
No, I understand why they did it, and I wouldn't be anywhere as good at running a business if it hadn't been for these experiences.
That being said, it was harder than it had to be for me and I did some stupid shit for money when I was younger. I literally panhandled on a road trip once. I drove a car so long that it was falling apart until it finally caught fire and burnt to the ground on the side of the road. I used to spend Saturdays catching fish and crabs for dinner to save money, plus god dammit I will never eat ramen again as long as I live. It seemed unnecessary, my folks had plenty of money.
(http://www.autoadmit.com/thread.php?thread_id=4223998&forum_id=2#37967791)
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Date: March 22nd, 2019 1:12 AM Author: honey-headed bat shit crazy range
My dad wanted to start a business with me, so he rented out his house and moved in with me "temporarily" in a different city to get it going, which turned into multiple years and no business was ever started, all the while he collected rent on his primary residence. Then he moved out and bought his own mixed-use building but needed to borrow a couple hundred grand from me because "I'm too old to have a mortgage", whatever that means, and I lent it to him out of the blind trust of a son but also believing he would pay it back relatively quickly. Since then the property has doubled in value but he still refuses to pay me the money back or take out a mortgage to do so, almost a decade later.
They were great parents otherwise, I was extremely close to them before with full trust etc. so this has seriously damaged my relationship with them.
I don't know what the answer is, friend, people are flawed and life is shit and then we die I guess?
(http://www.autoadmit.com/thread.php?thread_id=4223998&forum_id=2#37969828) |
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Date: March 22nd, 2019 1:15 AM Author: gay property
Your dad sounds like a POS
Selfish people like your dad never should have had children. This includes boomers who eagerly blow 50k on a new ugly Rolex but are unwilling to give their kids even 30k for a down payment....these people never shoukd have had children.
When they get Alzheimers I am never visiting them...
(http://www.autoadmit.com/thread.php?thread_id=4223998&forum_id=2#37969834) |
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Date: March 22nd, 2019 1:01 AM Author: gay property
I fucking hate them and will hold this against them forever.
They "need" 5 houses, 50k Rolexes but wont help with a one time 30k down payment? Fuck them
(http://www.autoadmit.com/thread.php?thread_id=4223998&forum_id=2#37969810)
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Date: March 22nd, 2019 9:34 AM Author: Blathering Step-uncle's House
ive borrowed 10-20k on two occasions from family and both times insisted on paying market interest, both for down payments on real estate. both times i paid them back within a few months.
expecting financial help gratis when you are an adult is shit.
(http://www.autoadmit.com/thread.php?thread_id=4223998&forum_id=2#37970514) |
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