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"This had gone different directions to what I thought...thats fab for you I'd prefer them to save money than give it to me to save it on their behalf .....I used to do that with their childrens allowance and The SSIA money My friend charges his kids full whack....he spends it ....and they also pay for other stuff that he picks up for them....how the hell are your kids meant to save for a house like that...." I can't speak for your friend but not every household has options. I had no choice but to spend every penny my kids paid in just as my parents had to spend everything I contributed. I don't know anyone in my family who earns enough to stick it in a bank for a rainy day. | |||
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"This had gone different directions to what I thought...thats fab for you I'd prefer them to save money than give it to me to save it on their behalf .....I used to do that with their childrens allowance and The SSIA money My friend charges his kids full whack....he spends it ....and they also pay for other stuff that he picks up for them....how the hell are your kids meant to save for a house like that.... I can't speak for your friend but not every household has options. I had no choice but to spend every penny my kids paid in just as my parents had to spend everything I contributed. I don't know anyone in my family who earns enough to stick it in a bank for a rainy day. " There's also no point saving for a house that you haven't a clue how to manage once you have it | |||
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"This had gone different directions to what I thought...thats fab for you I'd prefer them to save money than give it to me to save it on their behalf .....I used to do that with their childrens allowance and The SSIA money My friend charges his kids full whack....he spends it ....and they also pay for other stuff that he picks up for them....how the hell are your kids meant to save for a house like that...." Why is them buying a house anything to do with him if they’re adults ? | |||
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"This had gone different directions to what I thought...thats fab for you I'd prefer them to save money than give it to me to save it on their behalf .....I used to do that with their childrens allowance and The SSIA money My friend charges his kids full whack....he spends it ....and they also pay for other stuff that he picks up for them....how the hell are your kids meant to save for a house like that.... I can't speak for your friend but not every household has options. I had no choice but to spend every penny my kids paid in just as my parents had to spend everything I contributed. I don't know anyone in my family who earns enough to stick it in a bank for a rainy day. There's also no point saving for a house that you haven't a clue how to manage once you have it" Ud be amazed how people learn the value of money my kids worked from a young age and learnt how far a euro goes fast | |||
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"This had gone different directions to what I thought...thats fab for you I'd prefer them to save money than give it to me to save it on their behalf .....I used to do that with their childrens allowance and The SSIA money My friend charges his kids full whack....he spends it ....and they also pay for other stuff that he picks up for them....how the hell are your kids meant to save for a house like that.... Why is them buying a house anything to do with him if they’re adults ? " Because thats what you hope your kids can do as adults...move out and buy a house .... | |||
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"This had gone different directions to what I thought...thats fab for you I'd prefer them to save money than give it to me to save it on their behalf .....I used to do that with their childrens allowance and The SSIA money My friend charges his kids full whack....he spends it ....and they also pay for other stuff that he picks up for them....how the hell are your kids meant to save for a house like that.... Why is them buying a house anything to do with him if they’re adults ? Because thats what you hope your kids can do as adults...move out and buy a house ...." Some/most not all Many consider their financial responsibilities towards their kids done at 18 I didn’t get any help buying somewhere and in fact have paid my parents’ rent for the majority of my adult life | |||
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"I got my first job at 14 with the grand sum of £1 an hour and I was thrilled to get it. I had to contribute to the household even back then and it taught me a very good life lesson. My ex grew up spoilt and it didn't help him in life. He still feels the world owes him something and he thinks our kids are my sole financial responsibility as he won't get off his ass to get a job. So I'm grateful my parents taught me the values of hard work. " Ah I remember my first £1 an hour job ha ha. But I remember picking spuds and the wages were as many spuds as you could carry home at the end of the day. Or footing turf. Your wages were you got the heat off the fire in the winter. Ah the good old days ha ha. | |||
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"My first job I got a quid for the full mornings work driving an electric milk float and delivering milk in clondalkin " So your the original Pat Mustard I thought all those Fab babies were looking particularly hairy | |||
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"My first job I got a quid for the full mornings work driving an electric milk float and delivering milk in clondalkin So your the original Pat Mustard I thought all those Fab babies were looking particularly hairy " More Dougal I'm afraid I wish those women were in the nip | |||
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"We have one student living at home who works part time. We pay her college fees & household bills, she pays for her social life & phone. Still have arguments about who empties the dishwasher though! " We have the who fills the machine argument....emptying it no problems | |||
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"We have one student living at home who works part time. We pay her college fees & household bills, she pays for her social life & phone. Still have arguments about who empties the dishwasher though! We have the who fills the machine argument....emptying it no problems " Thats a whole other thread Thankfully both mine are able to cook use the washing machine and iron | |||
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"Do your kids transfer a set amount to savings each month? Without a regular savings record/record of rent, they will struggle to get a mortgage. " Every month ....both of them They also got credit cards during the pandemic to use on their subscriptions and Amazon purchases Paid back in full every month by direct debit to help build up a credit rating | |||
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"I was considering moving back in with my mother at the age of 33 earlier this year. I would have been happy to contribute to bills and the mortgage, absolutely. I think what you're doing for your kids is wonderful and selfless though Bog " I think its just an age think to be honest When you're in your late 50's now the standard for us was move out to get married and buy a house Buying a house was normal...you got 10% deposit ...put on a suit...went to the bank manager ...forged your wage slips and borrowed the rest .... House's seemed unaffordable to us at the time with some interest rates of 12 to 15 % in ghe early 90's How kids are meant to afford a house now ...Haven't a clue and can only assume that some parents are going guarantor on the mortgage | |||
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"My eldest lives at home,he's working a minimum wage job right now and saving to hopefully move to Spain, I don't charge him rent or bills,he pays for the food shop every second week and pays for his car which he needs to get to work. His sister is in college and working part time, my ex and I pay her rent and fees, she pays for everything else herself - the same arrangement applied when my son was in college. If I am in a position to help my kids,why would I not? My own mother helped me out, and I understood how to budget and save. " Well done you That’s the KEY thing Teaching them how to budget and save That’s how we all learned from our parents by handing up money when working and not freeloading. Lead by example | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it " 100 wouldn't be enough for a night out in Dublin ....drink,food,clubs,taxi's 200 is probably the standard now a days | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it 100 wouldn't be enough for a night out in Dublin ....drink,food,clubs,taxi's 200 is probably the standard now a days " Thankfully my kids are adherents to the student practice of prinking | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it 100 wouldn't be enough for a night out in Dublin ....drink,food,clubs,taxi's 200 is probably the standard now a days " That’s it Just meant local A night with no frills just a few scoops | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it 100 wouldn't be enough for a night out in Dublin ....drink,food,clubs,taxi's 200 is probably the standard now a days Thankfully my kids are adherents to the student practice of prinking " I have that the next 2 nights in the house....So I'm working | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it 100 wouldn't be enough for a night out in Dublin ....drink,food,clubs,taxi's 200 is probably the standard now a days Thankfully my kids are adherents to the student practice of prinking I have that the next 2 nights in the house....So I'm working " Mine have the good grace to do it in someone else's gaff | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it " Ya fuck them they should literally never leave the house except to work | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it Ya fuck them they should literally never leave the house except to work" I firmly believe in giving them extra rations at Christmas and one afternoon a month off | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it Ya fuck them they should literally never leave the house except to work I firmly believe in giving them extra rations at Christmas and one afternoon a month off" | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it Ya fuck them they should literally never leave the house except to work I firmly believe in giving them extra rations at Christmas and one afternoon a month off" Snowflake | |||
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"Very interesting topic. Whatever about the financial end of contribution towards the household which I totally agree with there should also be a contribution physically towards doing some work around the house. Painting, cleaning, cooking, gardening and doing your own fecken laundry. I know so many adults in their 30s who still live at home and they couldn't boil an egg or know the difference between a washing machine and a dryer! " Absolutely,my kids were gobsmacked when they went to college by housemates who had no idea how to cook a meal or operate a washing machine. Whatever about the value of their "contribution" at home, letting them out into the world without such basic life skills is just neglect. | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it Ya fuck them they should literally never leave the house except to work I firmly believe in giving them extra rations at Christmas and one afternoon a month off Snowflake" Reference to whom ?? | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it " €100 would be a cheap enough night out on the town these days. Thankfully finding a job now is easy enough so they can self-fund these things once they are happy with house sharing or a token rent with the old folks. It's problematic to expect to do this AND save for a mortgage deposit though | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it €100 would be a cheap enough night out on the town these days. Thankfully finding a job now is easy enough so they can self-fund these things once they are happy with house sharing or a token rent with the old folks. It's problematic to expect to do this AND save for a mortgage deposit though" Totally agree with you. And not getting any cheaper with inflation It’s so tough for young folks trying to get on the property ladder. I was just saying €100 for a few local drinks | |||
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"Surprised at most responses" What do you think is the appropriate financial way to deal with adult working kids living at home? | |||
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"Surprised at most responses What do you think is the appropriate financial way to deal with adult working kids living at home?" Great question??? He probably lives at home still and freeloading | |||
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"Surprised at most responses What do you think is the appropriate financial way to deal with adult working kids living at home?" Maybe they should act like a family that actually like each other and cooperate, instead of counting points. Young adults don't have a point to prove, their parents should be as supportive as their means allow. There isn't a definitive answer. | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it Ya fuck them they should literally never leave the house except to work I firmly believe in giving them extra rations at Christmas and one afternoon a month off Snowflake Reference to whom ?? " The person to whom I replied | |||
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"But the younger generation seem to have no problems going out at weekend spending a fortune on social life A normal night is over €100 without anything fancy a few people told me recently They have no value on money and never think of the rainy day Live in the NOW as they call it Ya fuck them they should literally never leave the house except to work I firmly believe in giving them extra rations at Christmas and one afternoon a month off Snowflake Reference to whom ?? The person to whom I replied " Lol | |||
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"Surprised at most responses What do you think is the appropriate financial way to deal with adult working kids living at home? Maybe they should act like a family that actually like each other and cooperate, instead of counting points. Young adults don't have a point to prove, their parents should be as supportive as their means allow. There isn't a definitive answer." So parents who have the financial means to fully support adult working kids should fully support them financially? They would not be expected to contribute at all? | |||
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"We just ask my step son to contribute to the electric since it's gone up drastically since he moved in with me and his Dad. We buy his food , and clothes ect and the only reason we asked for electric is he was spunking it all on games online so we're easing him into having to be a adult and pay for thing's. I had to do it at his age and I will he the exact same with our own kids once they are of an appropriate age to do so. " Well done and a good move They need to understand the cost of living and that there’s nothing free in the big world | |||
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"Surprised at most responses What do you think is the appropriate financial way to deal with adult working kids living at home? Maybe they should act like a family that actually like each other and cooperate, instead of counting points. Young adults don't have a point to prove, their parents should be as supportive as their means allow. There isn't a definitive answer. So parents who have the financial means to fully support adult working kids should fully support them financially? They would not be expected to contribute at all? " I didn't say anything like that. They should do what works for them. But a parent taking money from their adult child out of begrudgery is more than a bit mean spirited. If you want a good relationship with your adult children you wouldn't treat them as if you resented them. | |||
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"Okay. Sounds like you agree with everyone else on the thread so " Definitely not, lol | |||
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"Okay. Sounds like you agree with everyone else on the thread so " Sounds like he’s a miserable bleep that freeloads and lives off others | |||
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"Okay. Sounds like you agree with everyone else on the thread so Sounds like he’s a miserable bleep that freeloads and lives off others " I think you're projecting | |||
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"I used to work with a lad who had a very basic rule for his kids once they started working, pay up 1/3 of their wages to the household bills, 1/3 had to go into savings and 1/3 for spending money for the week. If they didn’t like it then there’s the door ?? " That's controlling rather than supporting or enabling. Would people seriously fall out with their own children over money? | |||
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"I used to work with a lad who had a very basic rule for his kids once they started working, pay up 1/3 of their wages to the household bills, 1/3 had to go into savings and 1/3 for spending money for the week. If they didn’t like it then there’s the door ?? That's controlling rather than supporting or enabling. Would people seriously fall out with their own children over money?" Families fall out over money all the time | |||
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"I used to work with a lad who had a very basic rule for his kids once they started working, pay up 1/3 of their wages to the household bills, 1/3 had to go into savings and 1/3 for spending money for the week. If they didn’t like it then there’s the door ?? That's controlling rather than supporting or enabling. Would people seriously fall out with their own children over money? Families fall out over money all the time " Usually when there's a death first | |||
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"I used to work with a lad who had a very basic rule for his kids once they started working, pay up 1/3 of their wages to the household bills, 1/3 had to go into savings and 1/3 for spending money for the week. If they didn’t like it then there’s the door ?? That's controlling rather than supporting or enabling. Would people seriously fall out with their own children over money? Families fall out over money all the time Usually when there's a death first " Not necessarily, but sometimes it leads to murder | |||
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"I used to work with a lad who had a very basic rule for his kids once they started working, pay up 1/3 of their wages to the household bills, 1/3 had to go into savings and 1/3 for spending money for the week. If they didn’t like it then there’s the door ?? That's controlling rather than supporting or enabling. Would people seriously fall out with their own children over money? Families fall out over money all the time " Isn't that sad? I find it incredible that people are justifying this power-dynamic in a parent-child relationship. It isn't supportive, nurturing or anything of the sort. It's resentment, and going to put distance between them. | |||
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"I used to work with a lad who had a very basic rule for his kids once they started working, pay up 1/3 of their wages to the household bills, 1/3 had to go into savings and 1/3 for spending money for the week. If they didn’t like it then there’s the door ?? That's controlling rather than supporting or enabling. Would people seriously fall out with their own children over money? Families fall out over money all the time Isn't that sad? I find it incredible that people are justifying this power-dynamic in a parent-child relationship. It isn't supportive, nurturing or anything of the sort. It's resentment, and going to put distance between them." The thing is, it's not about support or nurture once your kids are of age, it's about supporting them in the transition to independent adulthood. Enabling them isn't in anyone's interest. The most difficult aspect of parenthood in my opinion is striking the balance. | |||
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"I used to work with a lad who had a very basic rule for his kids once they started working, pay up 1/3 of their wages to the household bills, 1/3 had to go into savings and 1/3 for spending money for the week. If they didn’t like it then there’s the door ?? That's controlling rather than supporting or enabling. Would people seriously fall out with their own children over money? Families fall out over money all the time Isn't that sad? I find it incredible that people are justifying this power-dynamic in a parent-child relationship. It isn't supportive, nurturing or anything of the sort. It's resentment, and going to put distance between them." I've never been in a position to enable my kids even if I had wanted to. When they started working they were on a similar wage to what I was on so their contributions were a necessary part of maintaining a household. I didn't have the option of putting some of it aside for any of them. On a couple of occasions their partners, who had been enabled by their own parents, took advantage of my kids savings and cleaned them out before getting the boot. I then had to put myself in debt to sort out their issues. Despite all that, two of them are now home owners and managing extremely well and they always credit that to learning the value of everything when they were teenagers and being able to fend for themselves. | |||
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"I used to work with a lad who had a very basic rule for his kids once they started working, pay up 1/3 of their wages to the household bills, 1/3 had to go into savings and 1/3 for spending money for the week. If they didn’t like it then there’s the door ?? That's controlling rather than supporting or enabling. Would people seriously fall out with their own children over money? Families fall out over money all the time Isn't that sad? I find it incredible that people are justifying this power-dynamic in a parent-child relationship. It isn't supportive, nurturing or anything of the sort. It's resentment, and going to put distance between them. The thing is, it's not about support or nurture once your kids are of age, it's about supporting them in the transition to independent adulthood. Enabling them isn't in anyone's interest. The most difficult aspect of parenthood in my opinion is striking the balance." You hit the nail on the head Spot on | |||
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"I used to work with a lad who had a very basic rule for his kids once they started working, pay up 1/3 of their wages to the household bills, 1/3 had to go into savings and 1/3 for spending money for the week. If they didn’t like it then there’s the door ?? That's controlling rather than supporting or enabling. Would people seriously fall out with their own children over money? Families fall out over money all the time Isn't that sad? I find it incredible that people are justifying this power-dynamic in a parent-child relationship. It isn't supportive, nurturing or anything of the sort. It's resentment, and going to put distance between them." A working adult paying towards the cost of their own accommodation isn't a bad power dynamic. It's absolutely reasonable. An unhealthy dynamic would be having money and yet expecting to be able to live for free without contributing to the cost of that. | |||
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"I've two adult children and one child all at home. I've brought my oldest kids up on my own, my oldest pays me money every week she's currently studying and works my other adult child has autism so her needs will always be met by myself. Youngest is only 15. " Fair play to you for your commitment and dedication to your family You will be rewarded for your hard work | |||
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"I used to work with a lad who had a very basic rule for his kids once they started working, pay up 1/3 of their wages to the household bills, 1/3 had to go into savings and 1/3 for spending money for the week. If they didn’t like it then there’s the door ?? That's controlling rather than supporting or enabling. Would people seriously fall out with their own children over money? Families fall out over money all the time Isn't that sad? I find it incredible that people are justifying this power-dynamic in a parent-child relationship. It isn't supportive, nurturing or anything of the sort. It's resentment, and going to put distance between them. A working adult paying towards the cost of their own accommodation isn't a bad power dynamic. It's absolutely reasonable. An unhealthy dynamic would be having money and yet expecting to be able to live for free without contributing to the cost of that. " I'm talking about the parent demanding it out of some kind of principle, as opposed to it being a reasonable and necessary contribution. I don't think it's unreasonable to assume the parent is likely the one with both more wealth and income. This school of hard knocks stuff is both petty and nasty. | |||
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"I used to work with a lad who had a very basic rule for his kids once they started working, pay up 1/3 of their wages to the household bills, 1/3 had to go into savings and 1/3 for spending money for the week. If they didn’t like it then there’s the door ?? That's controlling rather than supporting or enabling. Would people seriously fall out with their own children over money? Families fall out over money all the time Isn't that sad? I find it incredible that people are justifying this power-dynamic in a parent-child relationship. It isn't supportive, nurturing or anything of the sort. It's resentment, and going to put distance between them. A working adult paying towards the cost of their own accommodation isn't a bad power dynamic. It's absolutely reasonable. An unhealthy dynamic would be having money and yet expecting to be able to live for free without contributing to the cost of that. " Yes .but it's horrible. Imagine paying your parents. I've done it before and trust me ,the caveat that comes with is awful | |||
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