Just Gave My Son 10 Million Won
์๋ณธ (Korean)
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May 2026
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I'm 30 years old, been at my job for 6 years making 32 million won a year
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Combined household assets: 70 million won
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My parents were against our marriage so I went ahead without their blessing
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Didn't get a single won of support from them to start out
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Recently got a pre-order on a 600 million won apartment and put down 40 million won as deposit
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Need to save an additional 180 million won by 2030, so my wife and I gotta save over 4 million won a month lmaooo
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After that it's leveraged loan life for the foreseeable future
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Thinking about the future just makes me realize how broke I am and how everything feels impossible
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My son was born in March and I started feeling like I couldn't give him anything decent
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Talked it over with my wife and we immediately took out a 10 million won loan and gifted it to our son, bought S&P 500 ETF with it
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Thinking of giving it to him as a gift when he turns 20
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Starting from middle school, I'll show him this little seed money and let him
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decide for himself whether to go to college, buy a car, invest, get his own place, or travel
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and I'll respect his choice
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Phew... gonna just keep grinding and do my best. Please root for me
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4 comments
Isn't this more of a personal finance forum post than something for here?
Wait that's like $7500 USD right? That's actually insane for a kid ๐
My parents gave me $20 and told me to be grateful lol
Not me converting currency at 2am to see if this is actually that much money ๐ญ
This is either a flex or a genuine mistake but either way the comments are about to be UNHINGED
This is either the most generous parent ever or this guy is about to regret this decision so hard
10 million won and my kid would have it spent on random games within a week, no cap
Honestly if my parent did this I'd probably lose it and then immediately anxiety about spending it wrong