Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Parental financial help for adult children...

Hack&Lube · 03-22-2013, 05:07 PM

I would think of it as helping out financially when it would provide your children with opporunties they couldn't otherwise have.

That includes everything from school to having certain priviledges (like a car, assistance with own home, etc.) to aid in their development and independance.

I'd pay for educational trips/exchanges/internships abroad but not general vacations. I don't really believe in those, even as an adult, I find it difficult to travel when it's not for a professional reason.

I'd help them with a car if I feel they are responsible enough to handle one because it opens up so many social opportunities for them in that highschool/university phase.

I'd help them with a down-payment or co-signing for a mortgage if they were on a career track where I was certain they could take over the mortgage fully within 3 years or so.

03-22-2013, 05:07 PM	#63
Hack&Lube Atomic Nerd Join Date: Jul 2004 Location: Calgary Exp:	I would think of it as helping out financially when it would provide your children with opporunties they couldn't otherwise have. That includes everything from school to having certain priviledges (like a car, assistance with own home, etc.) to aid in their development and independance. I'd pay for educational trips/exchanges/internships abroad but not general vacations. I don't really believe in those, even as an adult, I find it difficult to travel when it's not for a professional reason. I'd help them with a car if I feel they are responsible enough to handle one because it opens up so many social opportunities for them in that highschool/university phase. I'd help them with a down-payment or co-signing for a mortgage if they were on a career track where I was certain they could take over the mortgage fully within 3 years or so.