Supporting adult children
While we love our children more than anything, when they become adults, I think it’s time for them to support themselves. As Stephen Dalby, founder and CEO of Gabb Wireless, agreed, “retirees can be wreckless spenders when it comes to their kids, especially if they’re currently into their adult years.
If it is to discuss short-term circumstances, it can make a lot of sense to help them out, but it is a huge mistake to do it for the long term.”
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