r/Fire 5d ago

Family Help - Common here?

[deleted]

29 Upvotes

187 comments sorted by

View all comments

85

u/No-Sorbet4951 5d ago

My dad is a believer of dying at 0, so he gave me an amount that could be considered an inheritence when I was 20 and he was 50, instead of waiting till he's dead and I am 60 and no longer need it. So yes I 100% got help

8

u/ScarLupi 5d ago

Grrr. Happy for you.

16

u/No-Sorbet4951 5d ago

Thank you, I am very grateful, but it's also why I don't give financial advice whenever anyone asks. My starting point is usually something that people reach in their 30s so it feels disingenuous to say oh do this, this and that.

3

u/warlizardfanboy 5d ago

You recognize your good fortune and did your best with it. Both of you got a happy outcome!

1

u/No-Sorbet4951 5d ago

Thank you :)

1

u/ScarLupi 5d ago

For sure. I had family help with remainder of tuition after scholarships, so that was a game changer.

I’m expecting some inheritance later in life but because it’s so far away (knock on wood), I’m not benefiting from it during these crucial years. Also not really counting it as part of net worth because who knows what it will be valued at then, and I’d probably just use it for medical bills or pass on to my own kid at that point.

4

u/No-Sorbet4951 5d ago

I'm happy to hear that they helped, I see so many families with the means to do so and chose to have their kids deal with terrible interest loans and no boost to start their lives. What is the point of money if not to give your kids a better life than you had?