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re: Will you will more to your kids than you will inherit from your parents?
Posted on 4/10/14 at 9:49 am to FloridaMike
Posted on 4/10/14 at 9:49 am to FloridaMike
quote:
Yes just like my dad did, and his dad did before him. Family money shouldn't be spent, it should be passed on.
then what is the point? just to collect piles of cash?
Posted on 4/10/14 at 1:04 pm to RonFNSwanson
quote:Security.
then what is the point? just to collect piles of cash?
I'm in the same boat with other posters and "family money". I've dipped into it a few times, but I've always replaced it. My plan is to take exactly what I've received and pass it to my kid, with a little bit added on top
So even though I will probably never be as financially successful as my father, I will be able to pass down as much as he did to me (at bare minimum)
This post was edited on 4/10/14 at 1:05 pm
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