How the 'bank of mum and dad' shells out ?43,000 AFTER a child has reached 18
Parents spend an incredible ?43,192 on every one of their children after their 18th birthday, a new study has found.
The bank of mum and dad is endlessly called upon to fund things such as university fees, weddings, a car and a deposit for a house even after they become 'adults.'
But parents of school-age children believe they will only have to spend ?29,060 - underestimating the true amount by ?14,132.
Never had a penny off my parents, was always me paying for their stuff!
Had you ever thought that that is part of why you are successful? the "if you want it , you have to earn it" ethos discovered early...
Making it too easy for kids, will stop them finding ways themselves. Read bannatynes biography and it was certainly that ethos that made him what he is, plus the fact that after being sentenced for punching the lights out of a senior officer in the navy, he probably did not have the best of CVs for anyone else to employ him.
Have to admit - just gave son 4th car, so both him and wife drive around in mine and wifes ex cars...
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Had you ever thought that that is part of why you are successful? the "if you want it , you have to earn it" ethos discovered early... making it too easy for kids, will stop them finding ways themselves.
Have to admit - just gave son 4th car, so both him and wife drive around in mine and wifes ex cars...
My parents drive around in my ex car....never planned to give it to them, they just borrowed it when theirs broke down and eventually I decided I best buy another!
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Mine weren't really around ever* (in a different way) so I grew up young, and was from as young as I can recall, the "parent" taking care of everything.
*My "Dad" now is someone my Mum met after I was 18.
Mine weren't really around ever* (in a different way) so I grew up young, and was from as young as I can recall, the "parent" taking care of everything.
*My "Dad" now is someone my Mum met after I was 18.
Sorry to hear that!!
But I actually think the "if I want it, I have to get it" ethos probably helped you in a perverse way.
If everything you wanted was dumped in your lap, you would not have been so motivated to go out and get it.
Without meaning to kick off previous discussionas again - It is what i dislike about some of the previous "africa" bashing threads. Reality here is kids even in bad neighbourhoods, almost all manage a mobile phone and other things. So poverty here, and in ethiopa are two very different things - where even getting a crust to eat or anything over your head is a daily battle.
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But I actually think the "if I want it, I have to get it" ethos probably helped you in a perverse way.
If everything you wanted was dumped in your lap, you would not have been so motivated to go out and get it.
Without meaning to kick off previous discussionas again - It is what i dislike about some of the previous "africa" bashing threads. Reality here is kids even in bad neighbourhoods, almost all manage a mobile phone and other things. So poverty here, and in ethiopa are two very different things - where even getting a crust to eat or anything over your head is a daily battle.
No worries mate. I had long since realised having to pay rent from the age of 12, made me pretty dam tough and financially capable from a young age. By 18 it was cheaper for me to move out than stay at home...
I will perhaps send you "The Life and Times of IP" one day, I know a few people found it interesting!
Everyone I knew had some kind of job: I had a saturday job in a hardware store - now wife worked in a VG food store - I also did some sundays in concession kiosks in the local park , to get a few quid.
But try as we may, we could not get our kid to do any of them, turned his nose up at the idea (and so did all of his mates) . And I am guessing it is fundamentally because he got what he needed without working for it...
In real terms I think most kids are better off in a material sense.
Not that I think that is necessarily a good thing.
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How the 'bank of mum and dad' shells out ?43,000 AFTER a child has reached 18 
My parents drive around in my ex car....never planned to give it to them, they just borrowed it when theirs broke down and eventually I decided I best buy another!
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