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re: Those of you who married money, tell me how this works...
Posted on 10/24/18 at 12:21 am to Fishwater
Posted on 10/24/18 at 12:21 am to Fishwater
Well mine is land rich which means I fight my brother in-laws for my kids right to hunt on the land all the while kicking in for taxes and misc expenses..
Posted on 10/24/18 at 5:34 am to Fishwater
I have no idea, I married for love.
Posted on 10/24/18 at 5:43 am to Fishwater
Here's how I've seen it play out. Routine expenses covered by working couple. When "extraordinary" expense comes along like a new roof or a new car for precious grandchild or daughter, daughter goes to daddy who can't tell her no. Spineless husband whistles and looks the other way knowing he now has money for his hunting trips or their vacation.
Posted on 10/24/18 at 5:51 am to mauser
That is what I have seen as well.
Sole exception I know of was a guy two houses down from me who married a girl who was the only child of a big LA oil company owner from the 80’s. Her father sold out to Exxon or BP and the family had legit frick you money. This girl was head over heels for this middle class dude and he married her but told her up front he wasn’t having anything to do with her families money. They both worked, lived the middle class life and had two kids. Husband finally relented and let Grandpa set up trusts for his kids but, as far as I know, he never took a penny of the old mans money.
I pay my way but don’t think I could have stuck to my principles like that guy.
Sole exception I know of was a guy two houses down from me who married a girl who was the only child of a big LA oil company owner from the 80’s. Her father sold out to Exxon or BP and the family had legit frick you money. This girl was head over heels for this middle class dude and he married her but told her up front he wasn’t having anything to do with her families money. They both worked, lived the middle class life and had two kids. Husband finally relented and let Grandpa set up trusts for his kids but, as far as I know, he never took a penny of the old mans money.
I pay my way but don’t think I could have stuck to my principles like that guy.
Posted on 10/24/18 at 6:43 am to Spankum
quote:
generally, dad owns a business and puts little buffy on the payroll....only she forgets to come to work pretty much every day.
My exs dad had her signature on a stamp. It was funny when she got audited.
Posted on 10/24/18 at 6:44 am to Fishwater
I wish I could contribute to the conversation
Posted on 10/24/18 at 6:46 am to jbgleason
All of the scenarios in the posts above are about the younger couple not having enough money to live the kind of lifestyle that the wife is accustomed to.
I can tell you that there are instances where both husband and wife are hard workers and earn more than enough and they are happy but, if and when the wife's father/mother wants to pay for something the young couple lets them.
I can tell you that there are instances where both husband and wife are hard workers and earn more than enough and they are happy but, if and when the wife's father/mother wants to pay for something the young couple lets them.
Posted on 10/24/18 at 6:50 am to jbgleason
You gotta knock up the wife and have her whine about how the house is too small now that you have a kid etc. Then her parents buy yall a huge house, but have a lawyer draw up paperwork making sure you'll never get the house if you get divorced
Buddy of mine from school married into some old New Orleans money... Old like her great great grandmother founded McGehee. He did ok, but not like she was used to. Her parents bought her a huge house, a 4 Runner for the baby, private pre School tuition etc etc... I'm sure there was a prenup, but he was bitching about how they make him sign something before every big purchase.
Buddy of mine from school married into some old New Orleans money... Old like her great great grandmother founded McGehee. He did ok, but not like she was used to. Her parents bought her a huge house, a 4 Runner for the baby, private pre School tuition etc etc... I'm sure there was a prenup, but he was bitching about how they make him sign something before every big purchase.
Posted on 10/24/18 at 7:04 am to eyepooted
quote:
I can tell you that there are instances where both husband and wife are hard workers and earn more than enough and they are happy but, if and when the wife's father/mother wants to pay for something the young couple lets them.
I know of a couple cases like that. It has to be understood that if the parents/grandparents with money choose to pay for something, that's great and appreciated. However, paying for stuff gives them zero say in running the relationship/grandchildren.
Posted on 10/24/18 at 7:17 am to mahdragonz
quote:
If she doesnt demand a pre nup she's not rich.
I’ll bite....this isn’t how it works as everything is in entities outside of my wife’s name...cause old money.
Father in law is cheap and wife is not a money grabber. But we both work on our own and make a comfortable living.
Most of the benefits come from things like use of private jet for a funeral. Multiple vacation homes, a lot of nice dinners paid for by the family.
Biggest thing we got was a sizeable down payment for our first house when there was a tax loophole back like 8-10 years ago.
Most benefits you get are not every day things. Given we don’t live close to the FiL. It’s more extracurriculars.
Posted on 10/24/18 at 7:36 am to Fishwater
My wifes parents are rich and it has been pretty great. We are literally the only two that work, except for her parents, so I am her parents favorite. We pay are own bills so we never ask for money (her dad jokes that I got her off his payroll). In turn, we get random gifts. They bought us a new house when we got married and recently bought her a car. Also, they take us on random vacations throughout the year. Since being married to her I haven’t paid for clothes, toiletries, etc. The only problem is my wife has no concept of money.
Posted on 10/24/18 at 7:45 am to mauser
quote:
Spineless husband whistles and looks the other way knowing he now has money for his hunting trips or their vacation.
Is this supposed to be a bad thing? I am confused.
Posted on 10/24/18 at 8:01 am to Fishwater
I have a buddy who’s parent are well off. He and his wife have “family” credit cards that the parents pay. For big ticket items, his wife just bought a Land Rover Discovery, he has to ask his parents.
Posted on 10/24/18 at 8:07 am to Drunken Crawfish
At first it's very frustrating, because I didn't grow up in a way where money was just given. After a good conversation where in a polite way I said it will always be appreciated, but not asked for. He replied I can respect that but I have it and I'm doing it anyway. It's not that he/she gives us the $$$ they just took care of things. Painters, mosquito authority, and other little odds and ends. They don't ask anything in return, but I help them out when ever I can.
Posted on 10/24/18 at 8:36 am to SteveLSU35
Its really not too much but piece of mind and some great vacations and meals. My wife comes from a great deal of money, but she has never been overly interested in it. She is happy in our middle class life and proud of the things we have worked for. Her Dad would probably give us anything we were ever to ask for, but we have no desire to and would never. I think her dad respects this and we have a great relationship. He built his empire from the ground up with zero handouts and we have zero entitlement to his fortune.
Posted on 10/24/18 at 8:43 am to Fishwater
quote:
Those of you who married a rich girl
I'm out. Just here for support
Posted on 10/24/18 at 8:52 am to deNYEd
quote:
Its really not too much but piece of mind and some great vacations and meals. My wife comes from a great deal of money, but she has never been overly interested in it. She is happy in our middle class life and proud of the things we have worked for. Her Dad would probably give us anything we were ever to ask for, but we have no desire to and would never. I think her dad respects this and we have a great relationship. He built his empire from the ground up with zero handouts and we have zero entitlement to his fortune.
This. I'm in a similar situation. My wife has no concept of money cause daddy always gave to her most of her life. Now that she is living middle class, she appreciates what we have and are working for. I know that one day we will reap the benefits (inheritance), but for now, I'm happy working for what I want.
Posted on 10/24/18 at 8:54 am to Fishwater
He just hired me on at his huge investment firm, made me partner, then pinned a bunch of fraud on me.
Luckily I became friends with a black guy who washed my car and he not only taught me how to survive in jail, but opened my eyes to my ex-father in laws tricks.
Luckily I became friends with a black guy who washed my car and he not only taught me how to survive in jail, but opened my eyes to my ex-father in laws tricks.
Posted on 10/24/18 at 9:07 am to kingbob
quote:
kingbob
The cold hard truth.
Its 10x bad if her parents are "new rich" with old-money friends.
This post was edited on 10/24/18 at 9:09 am
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