wealth
Personal finance and personal guilt
affluence | charity | ethics | finance | guilt | money | personalfinance | wealthPlease give advice on dealing with money and guilt about money. [Long question.] How can I learn to feel less guilty about financial decisions, trust my judgment about money, and have faith that I can support myself? There is some evidence that I am pretty financially responsible. (I am going to give some details here, so you can judge for yourself.) I am currently in my 30s. In 2000 when I finished school my net worth was about -$20,000 from school debt. Now my net worth is just over $200,000. My first job out of school paid about $30k per year; I have worked my way up and now earn about $90k. I worked hard to be frugal and saved $10,000 my first year working. I have good job security. I follow most recommendations for good finances. I max out my 401(k) and Roth IRA, and save some extra outside of that, in good investments that I understand (mostly low-cost index mutual funds). I have an emergency fund. I have a house (an affordable one, with a 30-year fixed rate mortgage). My mortgage is my only debt. I have good insurance, including for the house, car, health care, death, and disability. My accountant says I'm doing well. I'm generous with friends. I give money to charity; currently about 2% of my take-home pay but I'm working on increasing that.
Should parents finance grad school?
finance | parents | relationships | school | university | wealthShould parents help their children pay for grad school if they can afford it? My parents are divorced, but both are in households considered in the top 1% of the US in terms of income and net worth. After limited financial assistance from them during undergrad, I am getting no help at all for grad school. Am I out of line to expect that I should? I am transitioning from undergrad to grad school (after taking a couple months off), and am now faced with footing $60K in tuition and living expenses over the course of the program. While I realize there are a number of funding options ? like private loans, which I will be taking ? I have developed an unhealthy resentment towards my parents due to a combination of their significant financial status/holdings and concurrent unwillingness to help me offset the cost of my education. I have given an elaboration on the relationships with my parents below. Do I have irrational expectations? If you could please offer your take on the situation or even general insight on how I can get the hell over the resentment, I would be most appreciative.

