Category: money matters
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The return on a spending investment may be as high or higher than an investment account that saves for the future.
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The Brits put a number on how much money it costs parents if their adult children move back home.It’s not chump change.
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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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It isn’t how extravagant or indulgent our gifts to grown or Grand kids are that’s important; it’s whether they are in line with our values.
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When are our children financially independent adults? A British survey offers a surprising answer.
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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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The view from a grown son on the perils of too much parental support and the bad vibes of entitlement
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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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If we’re at all like Canadian parents, we’re postponing retirement to earn the extra bucks to ease the financial road for our grown kids.
