PenPenWrites
parenting blog, memoir notes, family punchlines & more
recent posts
© Penelope Lemov and Parenting Grown Children, 2025. Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given.
recent posts
© Penelope Lemov and Parenting Grown Children, 2025. Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given.
Category: bank of mom and dad
-
Okay. So Gen Z kids are living under the parental roof again and in greater numbers and percentages than our generation did at their age. I wrote about that in my previous post. The reasons are mostly economic–housing costs are high; they're saving money for their future. The good news from a Pew Research survey…
-
A letter to a financial expert asking for advice about an inheritance was not your usual request. The question came from a woman whose father-in-law left her 29-year-old daughter—his granddaughter–a sizeable fortune in a trust that was currently being managed by her daughter's father. When the daughter reaches 30, however, she is eligible to manage…
-
Many of us take great pleasure in helping out our children financially. If we have the wherewithal we're likely to help them with a downpayment to buy a house. (Roughly 20 percent of U.S. homeowners received gifts or loans to help them buy a home, according to Money Magazine, and most of that money came…
-
Scratch someone who doesn't have children and they'll probably tell you: Too much. That would be in answer to the question: Do parents do more than they should for their adult children. I had a single co-worker who dubbed my husband "Daddy Indulgence" for such "crimes" as paying for our children's college tuition. (We had…
-
As we welcomed in the new year of 2020, our adult kids were on a steady financial path: working, paying their rent, fiscally independent. Or they might have been in mid-struggle but showing promise. Then along came the coronavirus pandemic and its devastating effect on the economy. Our adult kids may now be in financial…
-
You've heard it–I've said it–over and over: It's a tricky and emotional business lending money to adult children. We want to be helpful–if we can afford it, and sometimes even if we can't. But we worry about why they are unable to manage on their own. That said, financial advisers speak as one in saying…
-
Okay. So crowdsourcing wisdom is just another way of saying Reader Comments on an issue that cuts close to many of our hearts and pocketbooks. Often, though, those comments are more than passing remarks. They carry kernals of wisdom based on years of experience. So here is commentary from my readers responding to Michele Singletary's…
PenPenWrites 