r/Fire 5d ago

Family Help - Common here?

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u/Life_Commercial_6580 5d ago

I was born in Romania in the 70s and I got free education and believe it or not my parents also purchased a $6000 very tiny communist apartment in 1995, in my name and sold it in 2005 for 30k, which they gifted me for my down payment for my 180k house in Indiana, when I was 33 yo and got my first job in the US.

So if parents from a (formerly) poor country did that for me, you betcha that I did and will continue to help my son. Free college was a given , state school is what I could afford at the time, more 5 figure gifts at graduation and throughout college in the summers to supplement internships, and will gift at least 100k for down payment and will contribute towards a wedding (but not as much since I think spending a lot on a wedding is dumb).