Where does helping kids stop?
I'm not sure if it will, really, but as my kids are becoming adults, I feel like I'll be doing the following:
- Cell phones (at 21 my older kids began to take over their own cell phone payments)
- This was inspired by a rich guy I knew who very proudly stayed on his parents' plan and was not paying
- Help with first car (they pay some of it, and after college pay insurance)
- Most of college tuition (they pay $1,000 a year)
- Weddings
- Help with first house
Beyond this I had a realization that if I want to go on vacation with my adult children, and I do, I should probably be ready to treat them. I saw this a couple years ago on a cruise: This really nice family was behind us waiting for photos. I asked this 22 yo how he liked vacationing with his parents, and he said, "dad wants to take me to Bermuda, I'm not saying no."
The dad said his only ask is that they have dinner together and have a nice photo together.
ETA: And, of course, I plan to leave them everything when I die. Don't think there'll be a whole lot, but at least a house to sell and my accounts