Category: money matters
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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…
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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…
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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…
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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…
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We also serve who help our grown kids with their taxes.