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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think that living off a trust fund or parental income is no better than living off benefits.....

129 replies

Ravenspeckingearly · 28/03/2021 21:59

.....in terms of the example you set your children.
I’ve crossed paths with a few of these types lately.....grown adults who do nothing except the school run twice a day (both parents do both trips) and spend the money that drops into their accounts on a monthly basis. Surely it just teaches their offspring that adult life is all about the gym and lunching? Can you teach your own children about ‘adulting’ if you’ve never had to do it yourself?
I know a couple of other adults who have trust funds or are heavily supported by parents to live a very affluent life, but they also have jobs, mostly in highly competitive professions.
Thoughts please.

OP posts:
Lolwhat · 29/03/2021 00:09

YABU

Tyresmanc · 29/03/2021 00:11

What a shame we don't have a button that says

Mind your own damn business

SleepingStandingUp · 29/03/2021 00:13

If they're parents are paying for full time nannies so that the parents do nothing but gym and lunch with no adult responsibilities, why are they doing the school run??

SleepingStandingUp · 29/03/2021 00:15

Whilst you're at it op, perhaps you would care to share your feelings on what parents on benefits are teaching their children? SAHMs?

LemonSwan · 29/03/2021 00:16

And how do you know this? You sure they didnt just buy bitcoin back in the day

user1471447924 · 29/03/2021 00:17

Someone sounds a bit jealous...

vodkaredbullgirl · 29/03/2021 00:19

Oh dear

SleepingStandingUp · 29/03/2021 00:22

@user1471447924

Someone sounds a bit jealous...
Me 🤣🤣🤣
RubyViolet · 29/03/2021 00:24

I have a friend who lives off the income from her Father’s ongoing estate. He was very famous so the estate still earns a large amount of money every year.
Her life has probably been made smaller by this as she has never had to think about work or college. She is financially secure but l feel her life has been limited... does that make sense ?

Lastbonestanding · 29/03/2021 00:25

What is the point of gathering more money if you have more than enough already?

Working because you love your job fair enough. But if someone doesn't love a job why should they spend their life working in a possibly meaningless role when they don't actually want or need any more money?

ScreamingBeans · 29/03/2021 00:26

I don't see anything wrong with living off benefits if you can't get a job or are too ill or disabled to work. I'm disgusted by the demonisation of people who have been unfortunate.

RickiTarr · 29/03/2021 00:27

You can never tell from the outside what’s what. There could be illnesses, addictions, learning difficulties, caring responsibilities, adoptions or various other things that make FT careers difficult.

I’ve known people constantly struggling with bipolar and things like that.

I don’t actually have an issue with people living on benefits if they’re facing extra issues, either.

Healthy, neurotypical people get bored if they don’t have something interesting to do. The others need to eat one way or the other.

AcornAutumn · 29/03/2021 00:29

I actually prefer these rich people to live from their money rather than take a job someone else needs to pay bills. Unpopular opinion, I'm sure.

As for what you teach your kids, my parents were very hardworking, didn't have any effect on me.

MabelPines · 29/03/2021 00:30

What is the point of gathering more money if you have more than enough already?

Working because you love your job fair enough. But if someone doesn't love a job why should they spend their life working in a possibly meaningless role when they don't actually want or need any more money?

Spot on.

DrinkFeckArseBrick · 29/03/2021 02:26

I can see where you are coming from, I dont know if there is any evidence it is bad for the kids though unless they know for sure from an early age that the money will be coming to them as well.

If you won the lottery OP would you still go to work every day to show your kids a good example?

pheebumbalatti · 29/03/2021 02:28

The alternative might be them receiving an inheritance in one big lump and not know how to handle it. This way they are more securely looked after longer term.

AmyLou100 · 29/03/2021 02:29

Why do you care? How does it actually affect your life?

user1473878824 · 29/03/2021 02:30

Would you like some vinegar for all those chips?

MaliceOrgan · 29/03/2021 02:38

Meh, my best friend's parents both died when she was fairly young and she inherited a ton of money. She would much rather still have her parents. She gives very generously to a lot of charities(I know because I used to work for one that she donated to) and and works most nights at the local soup kitchen. Sometimes she goes to the gym during the day because she can. So what? She likes it when it's quieter.

You sound judgey and jealous. You don't know their full story, and even if you did it's none of your business.

TooManyTowelsInThisPlace · 29/03/2021 02:42

You sound jealous

RizzleRazzle · 29/03/2021 02:44

I dunno OP, can you teach children about minding their own business if you've never done it yourself?

TedMullins · 29/03/2021 02:45

I’ve come across a few of these types. They didn’t have perfect charmed lives - the fact they’d never had to work or support themselves had led to the ones I encountered living in large properties they didn’t maintain, floating around writing poetry, getting into toxic and dysfunctional relationships with other trust fund adults who didn’t know how to function and descending into alcohol and drug addiction. The lack of routine and purpose in their life and endless supply of money only enabled them to destroy themselves. Ironically they could end up drinking/snorting all the money away and ending up on benefits. I’m sure many trust fund recipients don’t end up like this but I agree, it isn’t good for anyone involved and frankly it’s why we need socialism. Benefits aren’t really comparable because they’re a safety net for people in need.

SnowyPetals · 29/03/2021 02:58

There are many ways to help your children grow up into responsible, well-rounded adults. You don't have to have a job to do that. You sound a bit jealous to me.

hannayeah · 29/03/2021 03:05

If someone would give me a trust, please I will kindly demonstrate the appropriate way to live while not working for one’s own money. 😂

I’m sure plenty of independently wealthy people have figured out how to have meaningfully productive lives without a job.

hannayeah · 29/03/2021 03:06

@RizzleRazzle

I dunno OP, can you teach children about minding their own business if you've never done it yourself?
😂