Many people do not provide well enough for their kids these days. Very few parents save for their child’s college etc. And that is sad.
The reason America is trillions of dollars in debt is mainly because we all like to spend too much money on things that probably aren’t needed, but also because parents don’t save to provide things for their kids. So then their kids have to take out massive student loans for college and car loans and house loans and furniture loans. :(
I love how in the movie “My Big Fat Greek” Wedding the dad gives his daughter keys to a new house at their wedding. My goal is to be able to do that for my daughters someday.
Parents and grandparents should be helping kids out with giving them a used car and saving for their college and possibly even owning multiple houses so they can give a half paid off house to their kid or grandkid. And then maybe our great nation wouldn’t have so much debt because less loans would be needed. :)
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