Category: loans to adult children
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If we can afford to help out our grown kids, here are five tips on how to handle it..
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A brat allowance–open access to the bank of mom and dad–is not only the worst possible way to help out our grown kids financially, but it can be habit forming.
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The loan officers at the Bank of Mom and Dad may find it’s better to gift money to a child in need than lend it.
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We are not alone in doling out financial help to our 20- and 30-somethings. The Brits do it for even longer.
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We’re the generous generation when it comes to helping our grown kids. Are we also an historical anomaly?
