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$50,000 - Page 2  

post #21 of 25
Thread Starter 
Quote:
Originally Posted by txdancer View Post
Is this a one time payout, or is it just the first time he has access to a trust fund? I ask because I know a lot of people only have access to a portion of the trust fund this early, so he may be getting more later.

When I was 18, I got access to a little of my trust fund, about half the amount were talking about here, and although I blew some of it on big travel and some shopping, I also saved a lot of it.
Well this is the first half - the rest is not liquid but they will get that at some point down the road.
post #22 of 25
Thread Starter 
Quote:
Originally Posted by MPsSweetie View Post
Does he still live with you?
yes
post #23 of 25
Is there some sort of college fund that you could offer to match, for the baby?
post #24 of 25
Thread Starter 
His sister was talking about starting a fund for the baby. If they each put even a couple of thousand in it would grow so much by the time he turned 18.
post #25 of 25
tell them you are available if they want to talk about investing it or putting it away, and then back off.

Who hasn't blown money before?

We all have to learn our own lessons.

Maybe they will blow you away and be completley responsable with it! you never know!
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