Monday Money Tip

#112: Defining Financial Boundaries with Children


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About the Episode: 

  • In this episode, we’re discussing how to define financial boundaries with your adult children who should be supporting themselves.
  • In our Current Money Events segment, we’re discussing the importance of having your financial affairs in order.
  • Our success story comes from David, who has paid off over $45,000 of debt and has newfound freedom!  

Resources:
IWBNIN Online Group Study
Next Steps - Banking
LegalZoom.com 
Boundaries - Dr. Henry Cloud
IWBNIN Ladder
ARTICLE: How to Stop Financially Supporting Your Adult Kids - And Feel Ok About It
ARTICLE: The Financial Journey of Modern Parenting
ARTICLE: Cell Phone Bill - How to Save Money and Get a Cheaper Plan
ARTICLE: When Your Kid is a Financial Wreck
BOOK: I Was Broke. Now I’m Not.
BOOK: What Everyone Should Know About Money Before They Enter The Real World
BOOK: Total Money Makeover [Dave Ramsey]
BOOK: Rich Dad. Poor Dad [Robert Kiyosaki]
Junior’s Adventures 
BOOK: Financial Peace [Dave Ramsey]
BOOK: The Wealthy Barber, David Chilton
BOOK: The Cash Flow Quadrant, Robert Kiyosaki

Related Monday Money Tip Podcast Episodes:
Episode 07: How to Teach Your Kids About Money
Episode 08: How to Talk to Your Kids About Money
Episode 10: How Can My Kids Avoid Student Loans
Episode 11: Should I Pay For My Child's College?
Episode 29: All About Budgeting
Episode 44: How To Pay For College
Episode 59: Budgeting Tips
Episode 83: Money Saving Tips
Episode 109: Making Your Student Loans Disappear

Email [email protected] to ask questions or share success stories.

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Monday Money TipBy Joe Sangl

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