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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To want to know how much financial help you’ve had from your family, and how much you will give to your children as adults

99 replies

LardLizard · 26/01/2019 13:50

Such as uni funeral education, first car, first house, weddings, grandchildren being born

Any other things you’ve had financial help with, or hope to help support your dc with

OP posts:
user1461609321 · 26/01/2019 20:04

Watching

CanIcryandlaugh20 · 26/01/2019 20:06

250 when my dd was born 😂

PurpleTigerLove · 26/01/2019 20:26

They paid for my bus fair to come home from university at the weekends . Other than that absolutely nothing . I paid for driving lessons myself , paid off student loans myself and my overdraft. Bought and insuranced my first car . No money for house either . They gave me £500 towards my wedding . I paid for it myself .
They’ve never had the money to help me and even now ,when we go out for lunch, I pay .
I did live at home for as long as I wanted rent free though . They were and are good parents . They just didn’t have a lot of spare money when we were all young .

Girlsnightin · 26/01/2019 20:32

Top of my head, Driving lessons, house deposits, wedding, savings for DC, first car, boilers, bathrooms, credit cards, childcare, holidays, monthly allowance.

What will I do go mine? Exactly the same!

PurpleTigerLove · 26/01/2019 20:34

I want to give my children everything they will need without spoiling them in the process . I say no to a lot of requests , not because we can’t afford it , but because I don’t want them to be spoilt .
They will have access to a house each when they need it and we have the funds to send them both to university without loans . They’re not aware of how comfortable we are as I don’t want to raise entitled arseholes .

Mistigri · 27/01/2019 07:10

Nothing ... though my dad was guarantor on my first mortgage.

It was a different era though: I got a full grant at university and of course in those days there were no tuition fees. I left university with no debt. Plus, I was in London and in those days (early 1980s) you could walk into a job if you had computer skills, which I did.

Roll forward 35 years and I'll probably be supporting my kids until they are in their mid 20s at least. DD is at university in Paris and although she has no fees to worry about I pay her rent and most of her keep.

BeeMyBaby · 27/01/2019 07:34

I've had a massive amount of help. My siblings and I were all privately schooled, we all had our uni fees paid for (back when the total was £3k for the programme), and I was able to stay with my parents even once I'd had my own family for 10 years so I could save for a home (siblings were given £100k each for a deposit for their homes). It's fair to say I've squandered my education etc so I am in a far worse financial situation than my parents so if I inherit anything when they pass away (hopefully this is very very far away!!!) then I will pass it straight to my children.
I would be happy to let my children live with me for as long as they want/need with the understanding that they would help around the house as much as possible and we get on. Unfortunately we can't afford private school but no idea what position financially we will be in 10 years time so would help them with uni fees if we could.

ChodeofChodeHall · 27/01/2019 07:41

I have not had 1p off my parents since I left home at 16. It must be nice to have wealthy, caring parents but then again I look at what I have and feel proud that I earned it. I can imagine you have to put up with quite a lot of crap from people if they're funding you.

FrowningFlamingo · 27/01/2019 08:03

Both my husband and I have had financial help with all the things in your post - to varying degrees.
Depends what you mean by help too. When we bought our first house my mum bought us some furniture which wasn't a huge amount financially but was an absolute godsend as we wouldn't have been able to buy any for ages. We bought the house from a relative so although we weren't given a deposit as such, we paid the very bottom of market value.
I'm about to have a baby and we will help him financially as much as we possibly can, at any stage it would be needed or wanted.
We are also now in a position to finiancially assist our parents as they get older if they need it and would do so in heartbeat.

BitchQueen90 · 27/01/2019 08:12

None and none.

My family are all working class, low paid. Nobody can afford to help anyone out financially. We all live in a cheap area in the Midlands and managed to buy our own homes and get by with no help from anyone (apart from me as I'm a single mum so I've had more money struggles than the others).

I'll inherit my parents house unless they need to sell it for care fees in the future but I've got through life not expecting any financial help and I'm saving to buy my own house myself.

Biologifemini · 27/01/2019 08:17

House, uni etc...
I intend to do the same for my child too.
It is pretty normal in my friendship group - all the parents think a leg up is essential and I am inclined to agree.

fiydwi · 27/01/2019 08:20

I had no help off my parents. Think they maybe paid for the odd driving lesson but I mostly paid for them.
I hope to be able to do a bit more for mine. I put money away for them each month and I’ll prob pay for their driving lessons and pay for things towards their wedding/ help them in uni etc

jelliebelly · 27/01/2019 08:20

My parents didn't have the money to help us out although they are generous people in other ways. Mine both go to private school and we have savings accounts for them - we will help with car,uni, first house but I'm not wasting money on a wedding for either of them!!

Dimsumlosesum · 27/01/2019 08:24

No help. Dad died when I was 19, step mother took everything for herself and her kids as unfortunately dad trusted her word over getting an actual will (get a will, people). My mother was an alcoholic shopping addict so no money there. But we just worked hard ourselves and it taught us it's good to not rely on anyone for money.

Fairylea · 27/01/2019 08:25

My Gran gave me enough for half the equity in my house (which was a large London house). I am forever grateful for that. It meant I could downsize and move to Norfolk and essentially buy a house nearly mortgage free at 26.

My mum owns her own house outright and I am an only child. She is sadly terminally ill now and when she leaves us she will leave the house to us, I will pass this on to my own dc eventually as well as my own house.

Our family loves a bit of property. You wouldn’t look at us and think we are wealthy though. I don’t work due to disabilities, dh works in a very low paid job, my mum hasn’t worked due to disabilities for the last 30 years. We all manage on very low incomes. We are just lucky to have had the equity we do in property so housing / mortgages isn’t anything we’ve ever really had to think about.

Dimsumlosesum · 27/01/2019 08:26

The kids will not be told if they are getting any money - they'll be bought up knowing they will have to fend for themselves, though they won't know we'll help if it's necessary. Nothing worse than people expecting handouts.

Dimsumlosesum · 27/01/2019 08:26

Second to pp about not going to waste money on a wedding for them!

Returning2thesceneofthecrime · 27/01/2019 09:09

My parents paid for me until I finished uni at 21. Then I had subsidised accommodation for a couple of years in the family home. And plane tickets to visit when living overseas for 5 years. They paid for most of my wedding (which only cost about £1500) but that was because they really wanted more than I wanted (I would have spent £500 tops). And driving lessons.

I would do the same for my children.

For my step children, we have paid for Uni for those that attended, a wedding for DSD1, offered a contribution for DSS’s wedding, countless bailouts for DSD1, a car for DSS2 (who is currently ignoring us), a holiday for DS1 plus kids. They see my DH as an ATM and he is only slowly beginning to see that too.

Snog · 27/01/2019 09:10

I plan to pay for driving lessons, help with uni maintenance and a house deposit. And more if I can.

MotherOfDragons90 · 27/01/2019 09:29

My lovely dad has given me lots of help. He paid for my driving lessons when I was 17 and bought me my first car. He paid my rent while I was at uni because my student loan didn’t even nearly cover it and I wasn’t eligible for any grants. He used to take me food shopping whenever he would come up and visit, and so would mum and let me buy a stock of naice food rather than the cheapest of everything! When I moved out into my rented flat he paid my deposit and bought me a sofa. My mum bought me a washing machine, fridge freezer and microwave.

My grandparents have also been really generous - they sent me money when I was at university and are always taking us out for meals/spoiling us.

So not the £000s many on here seem to get but I still feel very lucky! Smile

Guineapiglet345 · 27/01/2019 09:42

From my parents not much at all, £50 here and there, they spend all their money on the very best of everything for themselves which meant there was never any left over for me. I had a childhood of 2nd hand clothes and toys and was made to get a job at 15 even though they could have afforded to give me pocket money, it definitely affected my studies.

My DH on the other hand had everything he ever wanted, money saved up for, cars bought for him, university paid for and they’ve help us out massively.

I’m saving what I can for DD, I started a pension for her when she was born and I’ll be paying for as much as I can for her, I never want her to feel she wasn’t worth spending money on.

Longdistance · 27/01/2019 09:44

Not masses. I paid rent when I lived at home, and saved for a deposit for my first house.
I paid for my own driving lessons as worked part time when at college. My dps paid for my dbs, and his first car. I paid for my own.

My dds have trust accounts for when they turn 18. They’re very lucky, as I never had anything like that from my dps. They were too busy sending money ‘home’ to their families abroad 🙄

Adversecamber22 · 27/01/2019 09:53

From my parents zero.

The extras so far for DS are driving lessons, he passed first time just very recently. I could buy him a car but I’m not going to he will share mine. We could if we wanted buy him a house outright , he doesn’t know this. I want him to learn the skills to enable him to stand on his own feet and he is. He does know that if he chooses to go to University we will fund it in full and I would only want him to work in vacation time.

We live modestly compared to what our actual income is. You read on here how people wonder how x can afford all that flash stuff and people say maybe it’s on credit or their in debt. We are the reverse of this.

MichelleM30 · 27/01/2019 11:14

I worked from 16 so could afford my own driving lessons. My parents paid the deposit on my car insurance which was around £300. My gran gave me £1000 towards my first car.

My parents paid for my sofa about £1300 when I got my first place. They have also frequently over the years gifted us £1000 and the same with my in laws. Neither contributed to a house deposit but their gifts over the years have totalled up to £10K easily not including wedding gifts. My in laws gave us £5K towards our wedding and my parents £2K.

Our 1 yr old now has £2.5K in the bank mainly contributed from grandparents and we pay in a small monthly amount.

I'm sure we will be in a position to pay for driving lessons and help with a car. I hope we will be able to provide a house deposit.

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