Boomers
Mar 20, 2024
How can I ever settle down and give them grandchildren if there isn't any money in the pipeline to support them? Do they want to go on holiday more than they want me to be able to have and bring up children?
I'm not alone in agonising over where my parents' hard-earned money is going. According to a survey by an online wealth management advice firm called Moneyfarm, two in five adult children feel their 'blood boiling' at the idea their parents are blowing their inheritance on luxury holidays.
Many years ago, my mother was showing her jewelry to my sisters. She was asking them about their preferences because, eventually, it'll be theirs. The conversation shifted to my dad. Hey, what do you want to give us? In a somewhat vicious manner, he stated that we'll get nothing from him.
Once you finish high school and college, there'll be no money for you. Get lost, you're on our own.
He wasn't kidding.
Another friend admits she puts phone notifications from her mum on silent when her parents go 'gallivanting abroad' — because all the pictures of dreamy destinations make her jealous. And resentful.
'My inheritance is currently being drunk through a straw in a coconut in the Caribbean,' she says. 'It's going to be slim pickings at this rate.'
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