trust Funds! (A Rant)!!!!
By blue65packer
@blue65packer (11826)
United States
July 18, 2011 6:51pm CST
I work with a college student who is ,along with his future wife,are living off her trust fund! Her grandparents are paying for her and his college education! The grandparents bought then a house which they live in! The two don't have to pay a bill! Nothing! Everything comes out of the trust fund! That makes me sick! I have a few times asked my father to set me up with one! I am affraid If I don't have one I will be in big @ss finacial trouble in the future! It never has happen and it pisses me off that these college students are living off one while I am don't know what the future holds! 
3 people like this
8 responses
@AgentGulaman (3546)
• Philippines
19 Jul 11
Well, I think it's never too late. How old are you now? You should start saving up to build your own trust fund. Invest on equity funds for higher yielding investments. You can be like them too. However, they had the advantage of having someone build a trust fund for them. But still I suggest that instead of ranting, start building your own funds so that you can be financially free like them.
1 person likes this
@blue65packer (11826)
• United States
25 Jul 11
The only fund I have going now is my investment fund through work. I know that is a good thing but I worry about the future to much! I am 49 and social security might now bee around when I retire. I am scared I might end up like alot of elderly people who can hardly make it on their retirement money! That is why I wanted my dad to set up a trust fund for me! I am awful at saving money no matter what I do! That is my situation right now.
1 person likes this
@asyria51 (2861)
• United States
19 Jul 11
I am not a trust fund baby and neither is my husband...in fact I do not know any. Good for them that they have someone to support them. Hopefully they appreciate it and help her grandparents out in kind. Most of the world has to make their own way, the world in uncertain, who is to say that they are not going to run through all of that trust fund money and they will have to make their own way as well.
1 person likes this
@KrauseHome (36448)
• United States
29 Jul 11
Personally one day you will look back and thank your parents. It might not seem like that now, as you are wanting to have it easy, but when push comes to shove and their money was to run out you will be the one with the Education and hopefully the good job who will know how to work and be able to support yourself and a family and have things you want, while they will be stuck wondering what they need to do now.
The values you are learning that are being instilled will carry you a long ways. It may not seem like it now, but one day you will see.
@blue65packer (11826)
• United States
29 Jul 11
I am sorry buit I can't look at you way! My aprents never taught me about money and when I would ask I would be told "it is none of my business" or get the run around! I would like a trust fund just for emergenies! I continue to make lots of money mistakes! My job at the stable may never will part-time again! The more I make at work the more bills I have and the more taxes get taken out! I just got my pay check today and they shorted me on hours! So I am not a happy camper right now! So this why a trust fund would come in handy!
@dreamy1 (3811)
• United States
19 Jul 11
Get over it. Stop being jealous. Good for them. Not everyone was born rich or have a family that can take care of them. That's not you so do what you can and live the best life that you can. Work hard for yourself so you can have the things you want and don't worry about what other people do and how they live.
@blue65packer (11826)
• United States
25 Jul 11
I wish I could get over being jealous! I do fine for a while then I hear stories like this then I go through this mood! If I would know what the future held this would not be this way! That is my biggest fear and that I can't stop being scared of!
@writergirl74 (802)
• United States
20 Jul 11
I didn't have the balls to say this, but I was so thinking it. I mean how can anyone be mad at these kids. They didn't ask for it. It's just their life. We all have a life to live and get a chance to make the best life of it. Do what you can. Work hard for what you want, but to be annoyed because they have trust funds closely resembles jealousy and self inflicted annoyance to me. I'm just sayin...
@allyoftherain (7208)
• United States
19 Jul 11
I can see why you think that's unfair, and I'm really sorry. But life's just unfair sometimes. Some people have people who really want to help and take care of them, and some people don't. I think your father should be willing to set up a trust fund for you, but if he can't or he won't then there's not much you can do.
I don't think you should be mad because certain people have family members who provide for them. If you were offered a trust fund, do you think you would turn it down? Do you think it would automatically make you a lazy or less grateful person because you accepted it? I don't think that's always the case.
@blue65packer (11826)
• United States
25 Jul 11
No I would never turn doen a teust fund! I would not become lazy if I got one! I would like one because I fear the future. I am lousey at saving money and no matter what I do I keep doing a lousey job at it! What if I don't have my brothers to help me out with my computer problems and car repairs anymore? What if I don't have a freind to help me out with most of my car repairs in the future? What if I can't afford to buy a car or get a car loan? I am scared of the future and the ways the economy is going and not knowing where social security is going to be when I retire,I should worry!
1 person likes this
@allyoftherain (7208)
• United States
26 Jul 11
I wasn't harping on your right to worry, just your complaints that someone got a trust fund and you didn't. It doesn't help you to be jealous. People always seem to have it better than you cause of money, looks, family, or friends in high places. Life just isn't fair.
You say you're not good at saving money... well why not learn how to save money right? When you feel yourself getting jealous or down on yourself, do something that's going to help you out instead of wasting time and energy feeling worse! It's okay to be scared of the future... I doubt there's a single person around here who isn't a little or a lot scared of the future.
@writergirl74 (802)
• United States
20 Jul 11
Hmmmm...I almost don't know what to say to this. I don't think its the fault of the college students that they have trust funds is it? I mean I guess I am thinking that I would like one but that was not the hand dealt to me. I don't know that being mad with the students is a good idea. I don't want to say the wrong thing cause I don't want anyone upset, but if you have the wrong energy about a situation it only ends badly for you. There are ways to get what you need and want without having a trust fund. Is it that you don't like the fact that you have to work for it? I dunno, but its not the college students. There's something else you should be focusing on here. Just my two cents :)
@blue65packer (11826)
• United States
25 Jul 11
If there wasn't people getting free rides like this kids and other people,I wouldn't be complaining about it! I am 49 years old and there is alot of things I should of worked at years ago but now I am! I know life is unfair and if I wwas better with budgeting and my finances I wouldn't be complaining! I want financeial freedom and I may neve have it!
@Hatley (163781)
• Garden Grove, California
19 Jul 11
hi blue65packer Well like it or not they evidently are really wealthy and whether or not you and I approve thats the way well to do people sometimes do things. I am thinking those two will not know how to weather adversity if something happens to the trust fund or the grandparents cease to pay for their education. blue you on the other hand have not been spoiled and you could fend better for yourself if you have to than two rich brats who have everything given to them.Most of us are not lucky like those kids and we have to work for what we get.most of us also do not know what the future holds so all we can do is think positively.I hope things will look up for you and you will be just fine.
@blue65packer (11826)
• United States
25 Jul 11
I get so frustrated when I see people on easy street! I know a woman on welfare who is creating the system. My best friends's mother-in-law got on full social security before 60 when she didn't deserve it! I know people on full disability who shouldn't be on at all or should only be on half! Then there are the Doanld Trumps,the rich athletics and the Bill Gates! I have always felt short changed as long as I can remember! I do have a retiremnt fund through work. I am 49 and I still can't save money like I should! I borrow money from a friend when I need car repairs! If there is small repairs I have one of my brothers do it! I worry to much about the future! I pay my bills on time. I try to budget but I don't like being on a tight budget! So this why I feel this way! I doubt I will ever feel differently! Sometimes trying to teach this old dog new treats doesn't always work!
@ozarkcat (43)
• United States
19 Jul 11
The worst thing we can tell our kids is that life is fair. Life isn't fair. Some people are the has, some are the has-nots. You said you work with a college student - that suggests that they have some idea that they can't live off a trust fund forever. As far as your dad setting up a trust fund for you, why don't you try looking at his finances! He's got a lot more to pay for than you might realize. You won't get in financial trouble for lack of a trust fund, you'll get into it by poor money management. Grow up and get a grip - the few people who do have trust funds often end up in just about as much trouble as those without.
@blue65packer (11826)
• United States
25 Jul 11
I think my father didn't start a trust fund becuase he didn't take me serious. That is one reason. The other is he is 87 and he probaly forgot about it! This is the main reason I refuse to ask again! My finances aren't best ot the worst. I have problems saving money and I hate being on a tight budget! If we knew what retiremnt was going to be like I wouldn't be going through this!
