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	<title>Money magazine Comments - Why I'm not giving my kids a house deposit</title>
	<description>How many sweaty shifts at KFC is your child going to volunteer for if they know they've already got the keys to their first home dangling in front of them?</description>
	<link>https://www.moneymag.com.au/feed/latest?story=178859684</link>
	<lastBuildDate>Sat, 03 Apr 2021 09:27:33 +1100</lastBuildDate>
	<pubDate>Sat, 03 Apr 2021 09:27:33 +1100</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Money magazine</copyright>
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		<title>Money magazine Comments - Why I'm not giving my kids a house deposit</title>
		<url>https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png</url>
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		<title>Comment by Kerri Moore ()</title>
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<p><p>Great article my brother is a prime example 3 kids all in good jobs and he still pays their health insurance</p>
<p>Register their cars and a lot more At 60 his future will be the pension and looking after grandchildren</p>
<p>Can&#39;t see the forest for the trees</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Kerri Moore ()</dc:creator>
		<pubDate>Sat, 03 Apr 2021 09:27:33 +1100</pubDate>
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		<title>Comment by Paul Eardley ()</title>
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<p><p>Well written . Agree totally. Lazy with too many entitlements.</p>
<p>Waiting for your next article.</p>
<p>Oracle.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Paul Eardley ()</dc:creator>
		<pubDate>Sat, 03 Apr 2021 09:43:57 +1100</pubDate>
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		<title>Comment by Nadja Warner ()</title>
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<p><p>Well written! Thank you.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Nadja Warner ()</dc:creator>
		<pubDate>Sat, 03 Apr 2021 09:52:38 +1100</pubDate>
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		<title>Comment by David Hogan ()</title>
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<p><p>You haven&#39;t held back here mate &amp; I applaud that</p>
<p>There are valuable lessons learnt in all hardship &amp; the best</p>
<p>thing you can do as a parent is to educate in finances, &amp; encourage your kids to continually up skill themselves in financial wellbeing as well</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>David Hogan ()</dc:creator>
		<pubDate>Sat, 03 Apr 2021 11:38:18 +1100</pubDate>
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		<title>Comment by Pauline Lawton ()</title>
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<p><p>Stephen, with an attitude like yours, please please run in the next parliamentary election. Australia is desperately needing more people to think the way you do.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Pauline Lawton ()</dc:creator>
		<pubDate>Sat, 03 Apr 2021 14:06:07 +1100</pubDate>
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		<title>Comment by Chris Reimers ()</title>
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<p><p>Great article. Breeding an &#39;entitlement&#39; generation doesn&#39;t help them build resilience.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Chris Reimers ()</dc:creator>
		<pubDate>Sat, 03 Apr 2021 18:55:37 +1100</pubDate>
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		<title>Comment by Bev F ()</title>
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<p><p>To give your kids too much early on is to deny them the opportunity to achieve financial goals for themselves. They will never know the satisfaction from buying a property they can afford and making the sacrifices needed to pay it off How satisfying is it to do that?</p>
<p>Why short change them and feather-bed them? They&#39;ll get the money later in life So let them have a crack first and learn the value of earning/spending/saving.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Bev F ()</dc:creator>
		<pubDate>Mon, 12 Apr 2021 18:03:57 +1000</pubDate>
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		<title>Comment by Pettina Eckart-Watts ()</title>
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<p><p>My wife and I have raised a financially fit daughter who has purchased her first property a 2-bed, 2-bath unit at Yeronga at 22!</p>
<p>She was taught from a very young age to help out where she could. She started work at K-Mart at 13years and 10mths.</p>
<p>It is our job to look after US financially so she will never have to worry about her parents retiring and struggling to make ends meet.</p>
<p>It is HER job to do that for herself. We have been generous parents, sending her on an overseas trip to the USA, bought her a car, bought her a fridge for her new place, but that is not buying her a house or even going guarantor!</p>
<p>Wake up parents, give your kids the satisfaction of knowing the pride in achieving something for themselves and do yourself a favour by knowing you are in the best position to achieve a financially independent retirement.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Pettina Eckart-Watts ()</dc:creator>
		<pubDate>Thu, 15 Apr 2021 10:50:11 +1000</pubDate>
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		<title>Comment by Samantha Mullahy ()</title>
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<p><p>Well said Stephen.</p>
<p>Give your kids an education and a leg up.</p>
<p>Not handouts from the bank of Mum &amp; Dad.</p>
<p>Before they leave the nest...Teach them to fly.</p>
<p>They&#39;ll be fine.</p>
<p>Too many brats strutting around with a sense of entitlement and no motivation to work for their wealth.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Samantha Mullahy ()</dc:creator>
		<pubDate>Fri, 30 Apr 2021 16:38:50 +1000</pubDate>
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