Ep 72: The Bank of Mom and Dad
In today's episode, we explore a topic close to every parent's heart: the delicate balance of supporting our children while encouraging their independence. It's a fine line between offering a helping hand and potentially hindering their growth by making life a little too comfortable.
We're peeling back the layers on the financial support parents provide to their adult children – from covering basic needs to footing bills that ensure a struggle-free life. But at what cost? Are we nurturing their potential or inadvertently clipping their wings?
We even share our own areas where we still support our grown daughter. Check it out and listen in!
This episode is sponsored by PSECU. To find out more go to: PSECU.com/forbetterandworth
Get Ericka's book, Naked and Unashamed: 10 Money Conversations Every Couple Must Have
Connect with us:
Instagram: @forbetterandworth
Ericka: @erickayoungofficial
Chris: @1cbyoung