A post on the r/Millennials subreddit has struck a nerve with thousands of users after one woman asked, “Anyone else give your parent(s) money every month?”
In the post, the original poster, who said she’s a public sector lawyer in her 30s, explained that she’s been sending her mother around $4,000 a year for nearly a decade. She also gave her mom a car, chipped in on another one, and gives extra cash on birthdays and holidays.
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“I’m not a rich woman either,” she wrote, adding that she paid her way through law school with student loans and paid off the debt herself. “But what really irks me,” she continued, “is when I mention investments, she tells me, ‘Older people never really invested – we didn’t have the same opportunities.'”
That’s where the conversation blew up.
Many Reddit users pushed back on the mom’s claim that older generations didn’t have access to investing. One 67-year-old commenter wrote: “We had hella great investing opportunities in our generation. Microsoft? Amazon? Apple? Starbucks? Real Estate? Yeah.”
Another added, “People get mad when I point out millennials have more savings than boomers at their age, but it is actually the truth backed up by many studies. Fact is, millennials know they cannot rely on boomers for support so they save. Boomers expect everyone else to support them so they don’t.”
Several noted that while OP’s father, who’s older than her mom, invested regularly and planned ahead, her mother took out a second mortgage and racked up credit card debt instead.
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Turns out, plenty of Redditors could relate.
Some said they send their parents money monthly, even when it’s a financial strain. Others described living with parents or covering expenses like rent, car payments, groceries and phone bills. A few mentioned they expect to support their parents for the rest of their lives, not out of wealth, but out of love and guilt.
