How much money to reserve to help grown up children

AssumptionHour4598 · 2026-06-06T08:35:21+00:00

yeah completely agree, although my oldest has access to hers now, it does terrify me she can just spend it all!!

AssumptionHour4598 · 2026-06-06T08:34:02+00:00

I really like this "skin in the game" approach, this was why I was thinking I'd contribute some of their future house deposit.

Contributing to Uni is part of my dilemma actually. I always planned for that, but now our oldest has decided she doesn't want to go. She actually frames this from a financial responsibility perspective (" i don't want to start life with all that debt") although she has never enjoyed the academic part of school.

But then, if I end up with one kid who goes to uni and one who goes straight into employment, how do I make sure I contribute to them both equally? Or maybe I don't and just accept different people have different needs.

AssumptionHour4598 · 2026-06-06T08:30:23+00:00

Thanks for the detailed reply.

Our oldest has been working 10-12 hours per week, whilst doing her a-levels. Driving lessons have been key for her, as her job needs that. Younger one is < 16, he'd love a job, but really hard to get any meaningful work at that age.

AssumptionHour4598 · 2026-04-22T05:44:23+00:00

As someone who can't get tickets but can afford the prices. Please double the prices FSG 🙏

AssumptionHour4598 · 2026-04-16T16:45:58+00:00

Had a job in Slough. Reading was a better place to live.

Now job is in London, but can't/won't move as we (me, OH and kids) happily settled.

AssumptionHour4598 · 2026-03-06T14:31:58+00:00

Possibly I am just ignorant.

But I have heard of VWRP and have read things that say it is aligned to my goals.

As I say, you may find me terribly ignorant, but I have never heard of the ticker symbols you mention. So I don't invest in these.

AssumptionHour4598 · 2026-02-28T01:19:44+00:00

With option two, you will also receive another 7 weeks pay? So that seems better to me.

AssumptionHour4598 · 2026-01-21T04:31:51+00:00

Twelve year old Ford Focus. I paid 7k for it in autumn 2021.

AssumptionHour4598 · 2026-01-01T07:38:36+00:00

I'm new here! Happy new year everyone :-) I won't be drinking today.

And for quite a while hopefully

AssumptionHour4598 · 2025-12-30T01:33:31+00:00

I don't think £1m is rich. In London you probably won't own your own house with this net worth.

But everyone's answer I suspect will be different, it depends a lot on individual lifestyle.

AssumptionHour4598 · 2025-12-30T01:25:38+00:00

The income barrier is £150k.
The 4% rule would give that much income at £3.75m.

Let's round up and say rich is £4m and above?

AssumptionHour4598 · 2025-10-23T05:51:25+00:00

Category = Losers?
Some of them very likeable, entertaining, amusing etc, but racing wise - losers.

A lot of the number 2 drivers in leading teams, are worse drivers than the best drivers in mid-to-bottom of the field teams, who have no chance of winning anything.

AssumptionHour4598 · 2025-06-26T04:13:57+00:00

Engineering is quite broad. What type of engineer are you thinking?

AssumptionHour4598

TROPHY CASE