How Long Should You Support Your Kids
In an era when transfers of wealth from living parents to adult offspring are up threefold, and 25 percent of home buyers receive down-payment money from parents, the issue of squelching self-reliance through gift-giving is particularly poignant. Rescues That Send Dangerous Messages Emotional and financial rescues are not always the best lifeline for your daughter. Sometimes it’s better to sink and learn how to swim on one’s own. Financial Rescue Gil Greene, associate professor in Ohio State University’s School of Social Work, says rescuing your kids financially is not in their best interest....