Please do the following for me:
1. Add all your inheritance money you have received throughout your life (inheritance)
2. Add all your economic outpatient care (defined as per The Millionaire Next Door, see below) you have received throughout your life (economic outpatient care)
3. Respond to this post with the result after calculating the following ratio:
- (inheritance + economic outpatient care) / networth x 100%
a. Funding of tuition you received from your parents/family for the private grade school and/or private high school of your kids
b. Funding of tuition you received from your parents/family for graduate school
c. Funding you received towards your mortgage from parents or family
d. Financial assistance you receive towards your house / other properties from parents/family/friends
e. "Forgiveness loans" (those not to be repaid) you received from parents/family/friends
f. Transfer of commercial real estate you received from parents/family/friends
g. Gifts of listed stocks or other securities you received from parents/family/friends
h. Gifts of ownership (all or part) of family business you received from parents/family/friends
Notes:
A. Please include all assets including properties/home in your networth number
B. Undergraduate college support by your parents/relatives is not considered EOC. So, please do not include undergraduate tuition costs. But do include graduate costs.