Sunday, February 8, 2009

What have you received from your parents?

I hate this joke

This is one of those questions which floats around PF blogs every few months and I'm always intrigued by the responses.

Stacking Pennies sparked this round of question. Worthington answered with a pleasant tally of parental gifts which was immediately cancelled out by Fabulously Broke's list of things she didn't receive. (Seriously - who stops gifting kids at age ten!?)

My response is much simpler. My parents paid for everything until I started working. College was paid for by scholarships, grants and part time jobs. I bought my first car years after finishing school (I considered traveling a higher priority). I took out my own insurance policy and established credit by paying a yearly fee to get my first card (ICK!). If I marry I don't expect them to contribute to a wedding.

Reading the replies to posts on the other sites bothers me. So many people exhibit a sense of entitlement to their parent's possessions and complain about not receiving as much as the person above them.

Parents are people with bills of their own. They chose to raise us to adulthood and shouldn't be expected to continue footing bills created by awful consumerism and poorer life choices. College is a choice. Cars are a choice. Phones are a choice.

Parents spend almost twenty years buying everything for us (Have you fed a teenager? Its not cheap!) and while there are extreme cases (like Fabulously Broke) most of them have spent more money on us than we will ever be able to repay.

Follow Up:
Quarterlife Girl responded to the question on her blog. She mentioned her parent's being immigrants which impacts how much parents are able to contribute (as opposed to wanting to contribute).

Jennifer posted on her blog too. As far as I can tell she's the first to mention inheritance as well as parents who steal from their kids. Ugh!


Anonymous said...

I'm surprised at how ungrateful some people are as well.

Also, those who did get a lot say it is because of their parents "generosity". Actually, I think it has more to do with their parents wealth and proper management of whatever wealth they have. My parents are generous, they just aren't wealthy!

I am grateful for all they've given me, and more so than $$, the support they've always given.

Fabulously Broke said...

I too, am reading some comments thinking: Wow.. Okay?

I don't believe parents should pay for tuition, but if they can, it's a nice gesture.

You have kids selflessly, without a tab up until college, and then from then on, you let them go free to be themselves.

*shrug* My parents were wealthy, they just weren't generous LOL! The opposite of SP :)

But the good thing, is that I am who I am now.

Anny said...

What surprises me most is that these comments are on personal finance blogs. You'd think the readers would either be more appreciative of what they've received now that they're aware of how difficult it can be to balance a budget!