I could see providing the down payment for a responsible child. They still have to learn manage finances going

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Jul 12, 2019
4:55:03pm

mvtoro Scrub

I could see providing the down payment for a responsible child. They still have to learn manage finances going

forward and be disciplined, but could use future savings toward investment and start to grow wealth with much greater time value, rather than spend most of their early lives trying to save up to not lose money.

Education is something else I might pay for.

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mvtoro

Bio page: mvtoro
Joined: Nov 28, 2006
Last login: May 6, 2024
Total posts: 11,569 (754 FO)

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Messages

Author

Time

POLL: If you were able to, would you buy your kid a house?

IceBlueCoug All-American

7/12/19 3:59pm

Only if 30 and older

cougfanz

7/12/19 4:04pm

Whatever it takes to get them out of my house.

MenloCougar

7/12/19 4:06pm

I might help them, but would not buy it for them. I wouldn't even buy them a car

7/12/19 4:12pm

Probably not, but would likely help them out in other ways.

DraperCoug22

7/12/19 4:21pm

I had two of my kids hurt badly in the recession. They lost their homes & credit

grandpacoug

7/12/19 4:49pm

Great story. Of course circumstances are important. And each kid is different.

DraperCoug22

7/12/19 7:20pm

I could see providing the down payment for a responsible child. They still have to learn manage finances going

mvtoro

7/12/19 4:55pm

I would take the money for the house and invest it for them as a gift

rockhound

7/12/19 5:41pm

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