There was a church for sale in my town several years ago. I really wanted to buy it and turn it into a bar I would call something along the lines of, “House of Spirits”
(I had a better name at the time, but I can’t remember it exactly)
So I was you. I wasn’t financially stable until well into my forties. I would say I wasn’t raised by anybody. Forget about no parental money. I had no parental guidance, and from that I made a TON of beyond stupid decisions.
Fast forward, and I finally got my shit together. I was able to get my daughter through college without debt and her mother sold her a car for a reasonable price.
So now she’s in her early twenties making more money than I do, and she’s always concerned with mismanaging it. But being who she is, she’s also constantly worried that she’s not doing enough good for others.
Her first house will be with her own money, but I was fortunate enough to help her get into that position.
Just on principle, I’m hell bent on leaving an estate to her even if she won’t need it. From there, I just hope it further supplies her with the tools to realize her ultimate altruistic ambitions.
This being Lemmy, I’m sure something about this is wrong or evil or selfish. I can’t accommodate every random Internet criticism, so I do the best I can.
As to the daughter, I’m just so proud of her. Aside from the line of work, she’s artistic and empathetic and caring. You know, an exponentially better person than I could ever hope to be.
My visit to my daughter’s apartment did concern me in that I saw not one but two Scrabble sets on her shelf.
And she doesn’t have means to make coffee. That part will get immediately remedied.
But seriously, she and I are quite close. I was telling her that my biggest concern going forward is living alone and going full blown dementia as I failed in securing long term care.
I also told her to never, under any circumstances, sign anything remotely related to my healthcare because the fine print will make her assume financial responsibility. Fuck that. Dump my withering winkled ass in a storm drain before I let that happen.
I had a long talk with my daughter about this last week.
I bought a small 700 square foot house about a year and a half ago. I’ll have it completely paid off in ten years.
My daughter made all the right moves and is making more money in her early twenties than she knows what to do with.
So here’s the plan:
When my house is paid off, she’ll have a house of her own.
I’ll retire and go live with her.
Then we rent out my house, but not in the traditional way. We’re going to look for somebody who is genuinely looking but unable to buy. We’ll go in the rent to own model, so eventually the tenant owns my house and the daughter has cash from the proceeds to go buy another house and rent it to own.
I’m sure somebody on lemmy will find reason to punch holes in this plan and call us horrible capitalist pigs, but short of outright giving everything away, this was the best we could come up with to use family assets for the good of others without starving ourselves.
I did think about that, but I don’t know how surface tension works. I’ll certainly take mostly correct. Not bad for an amateur who just watches physics videos for fun.
I keep thinking back to this. I believe persimmons are in season in the fall, so if you don’t find them now, go back in a few months and you should have better luck.