General Are parents obligated to assist their kids financially with a lump sum of money to start life when they turn adults?

[King Belieal]

Turning into an adult logically means that one needs to start fending for themselves and cut back dependence on parents. Some people say that parents should give a child that has turned adult a lump sum of money to start life and lay a foundation for adulthood.

Maybe something in the region of $3k up. Did your parents give you a lump sum of money to use and start your life? Would you give your child a lump sum of money to start life?

 

[STARMIX25]

It depends on the parents. If the parents are well-off, then they can assist their kids with their financial needs in a lump sum. Some parents have a separate savings account for their kids and use it only when they are ready to face their own world of independence.

 

[Trush Jodie]

My parents didn't give me any lump sum to start my life with. They could afford to give me $1k at the time but they didn't give me because I moved out of the house against their wish. It is all fine though. I would give my children a lump sum of money tp ease their journey through financial independence.

 

[Fidelia]

Every reasonable parent is obligated to give their child a financial headstart when those kids are stepping out to face the world on their own. It might not even be money but it can be a valuable equipment for the craft that the child is earning from. Parents should not allow their kids to start life without any financial push from the parents.

 

[Kross]

I think it is irresponsible for a parent to let his child leave home to face the world alone without substantial financial banking to help him start something. If my child wants to do business, I would raise at least 80% of the startup capital for him or her.

 

[Mr.Green]

I do not think parents are obliged to give money to their kids. However, I also believe that it is the responsibility of parents to pay for their child education and make them qualified to get a job. If parents have money and if their adult child needs something to start on his own, I also believe that parents can support their child