- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
1
Posted on 1/14/22 at 9:44 am to nikki6
hey, she worked her arse off so he didnt spend money he was gonna spend on education anyway. sounds pretty awesome.
Posted on 1/14/22 at 9:54 am to caro81
I know this isn’t normal in most social circles but I see this all time time uptown. A majority of our friends were gifted a really nice home once getting married, settling down and starting a family. Rich parents use gifting a house as an incentive to staying in Nola raise a family.
Posted on 1/14/22 at 9:57 am to Antonio Moss
quote:
Catholic elementary schools are around 6-7K. High schools are more.
Maybe on paper, but by the time you get done with registration fees, sports, maintenance costs, buses, books, trips, etc. you'll be paying a couple grand more per year.
Posted on 1/14/22 at 9:59 am to nikki6
This is pretty cool. If she takes positive advantage of this that father has propelled his daughter and future grandchildren to financial independence. Debt can cause people to do things and work at jobs they hate. I really hope she uses that gift for good.
Posted on 1/14/22 at 10:01 am to nikki6
I would probably do the same if I was in his shoes. That kid earned it.
Posted on 1/14/22 at 10:02 am to nikki6
7k a year? Here in Houston they are waaaaayyyy more than that. Catholic High School is 25k/yr.
Posted on 1/14/22 at 10:05 am to idlewatcher
Most of the Catholic High Schools in the New Orleans area are in the $10K-12.5K area. I believe the grammar schools are in the $7k-9k range.
Posted on 1/14/22 at 10:07 am to MMauler
hannan being more expensive than st paul is funny
Posted on 1/14/22 at 10:09 am to Hangover Haven
quote:
Starter home yes, but a second or third home, I would say 275 is on a low end..
Assuming she’s still living in the GNO area, $275k can maybe get you a small condo in a decent area in Metairie. As for Orleans she’ll be lucky to get a place in Gentily for that much, def nothing uptown or WHD. Regardless, $275k is a nice down payment on a new home that most people don’t have.
Posted on 1/14/22 at 10:10 am to nikki6
One of the main reasons we moved out of BR was to get somewhere with good public schools so we didn't have to pay private school tuition. Instead money can go into his 529 plan, we also put all the money he receives from family and from some debts people owed my mother when she passed in there as they come in. Depending where he goes to school our plan is to purchase him a condo our house near the school and he can have roommates that pay some rent to help with the mortgage. When he graduates the house can be his if he wants. Not the exact same thing, but why not start the kid off on a good foot. So long as he doesn't move to Tuscaloosa and become a Bama fan, I think we can swing it.
Posted on 1/14/22 at 10:17 am to HoustonChick86
quote:
So long as he doesn't move to Tuscaloosa and become a Bama fan, I think we can swing it.
In that case, just give him a hearty congratulations and text him the following link...
NerdWallet
Posted on 1/14/22 at 10:21 am to nikki6
Works well if you have one kid, however many people have multiple children.
Regardless, good for both of them.
Regardless, good for both of them.
Posted on 1/14/22 at 10:23 am to GreatLakesTiger24
quote:
kids need to build character and earn in themselves like we did! do they not care about being independent anymore?
You are one miserable motherfricker.
Posted on 1/14/22 at 10:25 am to CatfishJohn
quote:
What an amazing dad. Awesome.
My parents split when I was young, and both had a college account for me.
I got a full ride, my Dad got hair plugs, Mom bought a new car.
I got $200 for graduation.
Posted on 1/14/22 at 12:00 pm to LSUBoo
if it was put into a house... not sure there would be any taxes especially if they co-signed.... actually a smart way to do it as it will save a monthly mortgage payment rather than just giving a kid 275 large...
Posted on 1/14/22 at 12:06 pm to nikki6
It depends on the kid.
If she is the type that won't piss it away and hold onto it, I think it's a great idea.
If she's likely to go out and buy $10k hand bags and $3500 shoes, then not so much.
If she is the type that won't piss it away and hold onto it, I think it's a great idea.
If she's likely to go out and buy $10k hand bags and $3500 shoes, then not so much.
Posted on 1/14/22 at 12:14 pm to Napoleon
We actually found through one of my daugther's golf friends parents the Enlightium Academy which is a Christian based home schooling school. This is in the middle of our second year doing it and was the best decision we ever made for our girls (4th and 6th grade when they started last year).
The platform is so good - they have individual zooms with their teachers for every subject... and the price is so reasonable... we can do all of their golf coaching and personal training etc and it's still less expensive than a private school - and they have more contact with their teachers then they did when they were in public school.. and it's Christian based - none of the nonsense of the public schools either...
The platform is so good - they have individual zooms with their teachers for every subject... and the price is so reasonable... we can do all of their golf coaching and personal training etc and it's still less expensive than a private school - and they have more contact with their teachers then they did when they were in public school.. and it's Christian based - none of the nonsense of the public schools either...
Posted on 1/14/22 at 12:15 pm to Tempratt
quote:
It depends on the kid.
If she is the type that won't piss it away and hold onto it, I think it's a great idea.
If she's likely to go out and buy $10k hand bags and $3500 shoes, then not so much.
In the OP he/she said that the daughter used it to buy a house. That's a pretty responsible use, I think. Obviously depending on where, how much the house costs overall, etc., but not just blowing it on consumer goods.
Posted on 1/14/22 at 12:18 pm to nikki6
She didn't save him anything if he paid her that much in the end.
Page 7 of 9
Popular
Back to top
Follow TigerDroppings for LSU Football News