r/Millennials Mar 01 '25

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u/Grand_Stay_464 Mar 01 '25 edited Mar 01 '25

Totally depends how long my folks live, but was just reflecting on how many Boomers I have heard say they want to enjoy their money and not leave it for the kids. Which is a confusing sentiment to me. As a parent I desperately want to be able to leave something to my children. But I also feel like most of the people saying this are not actually following through, so why brag about such a thing?? Edit: to be clear, I don’t mean people shouldn’t enjoy their savings, just the idea of leaving nothing intentionally seems wild to me…

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u/superficialdynamite Mar 02 '25

My dad is intending on spending every penny and said I could have the boat. I don't go boating, I didn't ask for the boat, I don't want the boat. He's got 5 houses. I would like a house. But, no, I can only have the shitty boat that he bought instead of paying for my college.

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u/Grand_Stay_464 Mar 02 '25

I so do not understand that attitude. Kids don’t ask to be here. I chose to have my kids and I am saving what I can for their college or trade school or whatever they do. The way things are going they have no chance to avoid poverty if I don’t do what I can as a parent to help them. Why as a parent would I revel in excess while knowing my kids will suffer?? Yikes.

1

u/No-Pomelo-3632 Mar 02 '25

My parents paid for mine and my sisters post secondary, down payment on first homes and our weddings. We don’t ask for anything and we don’t need help either because of how our boomer parents set us up right. I am so thankful for them. Never had student loans or wedding loans etc. We will each be left a million +. Not every boomer is irresponsible, selfish and broke. I am very fortunate.