When Our Naive Children Chose to Play at Independence, They Ended Up in Debt and Lost Their Flat When our children got married, we—both sets of parents—decided to help them get settled with a home. My husband and I had some savings, as did my in-laws. Pooling our resources, we had enough for a small flat. We wanted to buy it outright for the kids, but they insisted on doing it themselves to prove their independence. Some time later, we discovered they had indeed bought a flat—one with three bedrooms. And where did they get the money? They took out a bank loan. And who was going to pay the mortgage? They assured us they could afford it. Soon after, they wanted a car. Since the flat was far from work and public transport was inconvenient, they purchased a brand new car from the showroom—again on credit—even though we suggested a second-hand one. Undeterred, they insisted they were self-sufficient and knew what was best. Their next wish was to have a baby, preferably born abroad to obtain foreign citizenship. Yet again, they took out a loan to ensure a comfortable birth and round-the-clock care from the doctor. The baby was born. Then they wanted to redecorate the nursery, taking another loan to do so. And when we asked who’d pay for it, they always replied: “We will, we’re independent.” Then misfortune struck—my son-in-law was made redundant, and my daughter was on maternity leave. No more income. How to pay off all these loans? They asked us to sell our holiday cottage outside of town, which we reluctantly did just to keep them from defaulting. Sadly, even that wasn’t enough. In the end, they had to sell the flat and eventually the car as well, moving in with our in-laws. Now they complain they have nothing of their own—of course, because they didn’t listen. The loans still aren’t paid off; it’ll take years yet. Only sorrow and tears remain.

Back in those days, when our children married, we parents, on both sides, wished only to lend a helping hand so they might start their life together on steadier ground. My husband and I had some savings put aside, as did our in-laws. We pooled our resources, and soon found we had enough for a modest little flat. Our intention was to purchase it outright for the newlyweds, but the children, brimming with pride and notions of self-reliance, insisted theyd handle it themselves.

Some months passed, and word reached us they had, indeed, bought a flat only it wasnt a two-room place as we had envisioned, but a three-bedroom, quite beyond what we thought necessary for a young couple. And where had they found the funds? Not from their own reserves, but from a bank a hefty mortgage. When asked about the repayments, our daughter and her husband assured us they were more than capable and wished to manage without help.

Not long after, they set their sights on a new car, arguing the flat was dreadfully far from work and the buses entirely inconvenient. Off they went and bought a motor straight from the showroom, again on finance. We did try to encourage them towards something second-hand, more sensible, but they would hear none of it: in their eyes, independence meant having the latest and best.

Then came talk of starting a family and with that, a wish for their child to be born abroad, securing both a brighter future and an extra passport besides. Another loan followed, to ensure our granddaughter would be born in comfort, with a private doctor attending, just as her parents desired.

When at last the baby arrived, attention turned to refurbishing the nursery. One more loan, one more promise: Were managing on our own you neednt worry. But misfortune is no respecter of pride. Our son-in-law lost his job, and our daughter was on maternity leave. Suddenly, the money had run dry. With more debt mounting than they could meet, they came to us in distress, asking that we sell our little cottage in the countryside to keep them afloat. We dreaded the thought, but could not refuse. It wasnt enough, in the end.

In time, the flat was lost, the car sold off. With little choice left, our children moved in with their in-laws. Now, with heavy hearts, they lament not having a place to call their own. All their labours for independence have left them empty-handed, and still the debts linger, waiting to be paid off. The years since have been marked only by hardship and tears, regret hanging over all that youthful pride.

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When Our Naive Children Chose to Play at Independence, They Ended Up in Debt and Lost Their Flat When our children got married, we—both sets of parents—decided to help them get settled with a home. My husband and I had some savings, as did my in-laws. Pooling our resources, we had enough for a small flat. We wanted to buy it outright for the kids, but they insisted on doing it themselves to prove their independence. Some time later, we discovered they had indeed bought a flat—one with three bedrooms. And where did they get the money? They took out a bank loan. And who was going to pay the mortgage? They assured us they could afford it. Soon after, they wanted a car. Since the flat was far from work and public transport was inconvenient, they purchased a brand new car from the showroom—again on credit—even though we suggested a second-hand one. Undeterred, they insisted they were self-sufficient and knew what was best. Their next wish was to have a baby, preferably born abroad to obtain foreign citizenship. Yet again, they took out a loan to ensure a comfortable birth and round-the-clock care from the doctor. The baby was born. Then they wanted to redecorate the nursery, taking another loan to do so. And when we asked who’d pay for it, they always replied: “We will, we’re independent.” Then misfortune struck—my son-in-law was made redundant, and my daughter was on maternity leave. No more income. How to pay off all these loans? They asked us to sell our holiday cottage outside of town, which we reluctantly did just to keep them from defaulting. Sadly, even that wasn’t enough. In the end, they had to sell the flat and eventually the car as well, moving in with our in-laws. Now they complain they have nothing of their own—of course, because they didn’t listen. The loans still aren’t paid off; it’ll take years yet. Only sorrow and tears remain.