Have or do your parents help you financially?

[Jazzcafecoffee]

Most of my friends have had financial help from their parents or in-laws, some have had substantial help like deposits for a house and others are given cash gifts every now and

She gave me an interest free loan to help with a flat deposit. I'm paying it back monthly though, which I want to.

No, I'm An adult and responsible for my own life choices

Responsible adults can still accept gifts if offered, can't they?
I've never asked for or expected my parents to give me money. They did it because they could afford to and wanted to.

The choices DH and I made regarding buying a house were largely dependent on the sale of his previous flat (I had savings, but 90% of the value of our deposit came from the equity of the flat) so I can't pretend its because I've worked really hard for it, but I don't think this makes me less responsible as a person. But I realise I've been very lucky in that respect.

Nope cos they cant afford it.

Everything I've wanted I've had to pay for myself.

Hopefully I'll be able to help my kids.

I used my student loan for driving lessons. Then once I'd passed didnt drive for a few years until I got a job.

Got my tuition government funded cos of my parents low income.

Yes, they housed, clothed and fed me until around the age of 11-12, when they opted out of feeding and clothing, but still accommodated me until 17 when I moved out.

I was on my own from then but they did die a few years later and left me the pension they never got to claim.

Yes I have

I also try to do the same for my dcs

@PiesNotGuys

Yes, they housed, clothed and fed me until around the age of 11-12, when they opted out of feeding and clothing, but still accommodated me until 17 when I moved out.

I was on my own from then but they did die a few years later and left me the pension they never got to claim.

Nope. My parents have bugger all. That's fine, I've taken care of myself.

Hope all these older people have left enough to pay for their care in old age ! Is there not a limit as to how many thousands you can give away ?

I think this is why so many give it away!

Depending on how old they are now they're likely to be absolutely fucked if they need care in their old age. I really don't think we will have any decent elder care except for that paid for privately in another 20+ years. I think a lot of people are going to be in for a massive shock when it comes to it, sadly

True, I also don't except the NHS to exist in its current form in 10 -20 years.

Yes.

My IL's paid for our house deposit. Well, technically DH borrowed it from them and was paying it back, but when we got married, they told us to keep it. That totalled around 5k.

My parents gave us 5k when we got married and also paid for honeymoon (less than 1k) on top of that. The money went on stuff for the house and a new (second hand) car.

They also paid for our new sofa and new washing machine when COVID hit and I was out of work (self-employed) for four months. Total around 1k. We'd already ordered and paid for both (pre COVID) but my mum gave me the money to cover both so we could still afford to pay bills and eat.

But COVID actually saw both our businesses flourish (despite me having to close at first) and we wouldn't take money off them now as we just don't need it. Our joint income has gone from around 30k to 60k in eighteen months though, so we've been very fortunate.

Dm has helped loads tbh. She supported me at uni, gave me money towards a house deposit, paid for the pram when dd1 was born, and gave us money towards a car at one point.

We are massively lucky.

Dmil isn't in a position to help financially, but she did two ddays childcare a week for about three years which clearly was a massive financial help.

Nothing from my side as I grew up in single mum, income support household. My mum worked as soon as we were old enough but always low paid jobs.

My husband had some inheritance twice, the first we used as a house deposit. The second on house renovation.

We recently needed to replace husbands old run around and we didn't have any savings so borrowed £3000 off mil and today she told him to not worry about paying it back as it will be his eventually anyway.

Everything else we have saved and paid for ourselves.

We are very lucky and are grateful for the help we have had, especially me coming from nothing. I hope to be able to do similar when my daughters are older.

No. My mum gave me £75 as a gift when we got married. Have never had a penny of help from anyone ever. Me and DH are OK and get by fine (we rent, both work full time in above min wage jobs but we live in a very expensive area where wages don't match average local income - 2nd home holiday area) but I am secretly jealous of the so many people I know who have had a leg-up from their parents /family! We pretty much don't stand to inherit anything ever and it's fine, just a bit meh.

No - but I often wish they would, especially as they are more than financially able to. My parents have a strong belief that I should be able to support myself financially since I had my first weekend job at 16. It has actually made me very financially aware but I am resentful of them as deep down they are stingy.

When I hear about parents helping their adult dc with major purchases or generous gifts, I often think how lucky they are and how kind and generous their parents are.

MIL helps quite a lot. She’s also made it clear that when she inherits from her mum (and sadly it’s looking as though it’ll be soon), it’s going to be shared equally between herself, DH and his sister. That could easily be £200k plus each. We have to help my mum out as she’s skint and we’re lucky to get the odd packet of haribo’s as that’s all she can afford.