Category: emerging adulthood
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When our kids were in the pre-teens and early teens, they started to question our wisdom. When they were old enough to go off to college, they came home with even more questions: deeper ones about our beliefs and how their thoughts now differed from ours–on politics, life style, religion, culture. It's the generation gap,…
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Cathy and Ben had to make a key financial decision: how much of his paycheck was he going to apportion to his 401k. Ben had been unemployed for five months, and now had a new job that would be paying him less–by about 30 percent–than his old job. How much could they put into a…
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Will the surveys never stop? Here's another one–this time from Ameriprise Financial–on how generous we baby boomers are toward our grown-up children–and how worried we are about their future financial security and ours. A December 2011 survey of baby boomers with $100,000 or more in investable assets reports that nine out of ten–93 percent–say they…
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The travel section of a newspaper isn't the most likely place to find a story on a major parental adjustment. Dominque Browning managed to turn a trip to Boulder into a tale of her first journey, as a newly minted empty nester, to her youngest son's new nest and her recognition that she was no…
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They're launched. They've finished college and are ready to set out into the world. We've brought them up to be independent, thoughtful individuals, of course. But they still may be babes in the woods when it comes to making the day-today financial decisions they face in their first few post-college years. Sometimes it helps to…
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Yet another confirmation of what many of us know: We are the generation that offers our grown children financial help. Pew Research Center's latest poll finds that one in 10 American adults receive money or financial assistance from their parents or other family members. The bulk of those receiving help are emerging adults–men and women…
