Personal Finance (Not Investing) • Ways to help child to buy first house?

She is not asking and is so far turning down our help, but we are volunteering and will convince her. Our motivation is that she will get our $$ after we are gone, so we would rather see her use the $$ now when she is building up her career and finance.

Thanks.

Why are you ignoring an adult's wishes?

Great catch. Twisting this even further, someone financially independent with a steady job and and good head, should avoid receiving $34k on condition that they buy a nice house selected by sponsor (parent, friend, business partner, etc.). If this is $34k in perpetuity, it is also sketchy because the sponsor could stop payment whenever they wanted.

Statistics: Posted by Wwwdotcom — Fri Dec 29, 2023 4:42 pm — Replies 14 — Views 819

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