PenPenWrites

parenting blog, memoir notes, family punchlines & more

Category: bank of mom and dad

Observations: Michelle Singletary on when to cut an adult child’s financial cord

07/01/2019

Are our grown kids entitled to our financial support?
Money Matters: What If They Ask Us for an Advance on Their Inheritance?

02/12/2019

What tack should we take if our grown kids ask for an advance on their inheritance?
Supporting Grown Children: Golden Handcuffs Edition

01/30/2019

Giftor Beware: If we attach strings to our financial gifts, our grown kids may not appreciate our generosity so much as resent it.
Money Matters: Six check-offs before you help your child buy a house

12/31/2018

No good deed comes without complications. Here are things to think about if you can afford to be a financial angel for your child’s home purchase.
Little Emperors: Complaints Chinese parents have about their grown children. It may sound familiar.

06/22/2018

We may have to put up with “entitled” adult children, but Chinese parents have their equivalent: Little Emperors.
Bank of Mom and Dad: What to do and how to do it when it’s time to close the helping hand

05/23/2018

There comes a time in the life of every family when the Bank of Mom and Dad has to close–or at least limit its lending policies.
Observation: Cheryl Strayed and Steve Almond on supporting grown kids financially

04/23/2018

We give our kids a gift when we let them struggle to be financially independent.
Bank of Mom and Dad: Five tips for handling gifts or loans to grown kids.

04/05/2018

If we can afford to help out our grown kids, here are five tips on how to handle it..
The Bank of Mom and Dad: Who pays your grown child’s rent?

02/27/2018

Our generation is more generous to our kids than our parents were to us–but there are some basic and daunting reasons why.
Money Matters: The unintended consequences of overextending a financial lifeline

01/28/2018

There are unintended consequences when we financially support our grown kids–especially when it comes to their siblings.

recent posts

recent posts

Observations: Michelle Singletary on when to cut an adult child’s financial cord

Supporting Grown Children: Golden Handcuffs Edition

Money Matters: Six check-offs before you help your child buy a house

Little Emperors: Complaints Chinese parents have about their grown children. It may sound familiar.

Bank of Mom and Dad: What to do and how to do it when it’s time to close the helping hand

Observation: Cheryl Strayed and Steve Almond on supporting grown kids financially

Bank of Mom and Dad: Five tips for handling gifts or loans to grown kids.

The Bank of Mom and Dad: Who pays your grown child’s rent?

Money Matters: The unintended consequences of overextending a financial lifeline