Remove Job Loss Remove Kids Remove Motivation Remove Son
article thumbnail

Should You Accept Family Money?

Prairie Eco-Thrifter

Daughters and sons of very wealthy families sometimes want to disown the family wealth in order to prove themselves. Plus, with a college education it is more likely that the kids will be on their own quicker. Helping kids over a rough spot can make a parent feel useful. I wanted to prove myself. It is, after all, their money.

Money 124
article thumbnail

Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

We also went through multiple job losses, surgeries, huge car repairs, etc. We paid for braces, college tuition for my son, and did fun stuff like traveling while we were paying off debt. They ranged from a low of about $2,300/yr (no zeros missing there!) to a high of maybe $80,000/year. We hit everywhere in between.

Debt 236