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In this episode, we answer the question: "Our adult child is struggling financially and keeps asking us for money. How do we help without jeopardizing our own retirement? Short answer: Assess your own financial help, the nature of the struggle, and the terms of the help--communication is key! Be honest about your limits, offer non-financial support where possible, and set boundaries. 🎙️ Have a financial scenario you’d like us to discuss (without giving personalized advice)? Send your questions to [email protected]—we’ll keep your information completely anonymous!📢 Don’t forget to like, subscribe, and share with friends who could benefit from smarter retirement planning tips!
In this episode, we answer the question: "Our adult child is struggling financially and keeps asking us for money. How do we help without jeopardizing our own retirement? Short answer: Assess your own financial help, the nature of the struggle, and the terms of the help--communication is key! Be honest about your limits, offer non-financial support where possible, and set boundaries. 🎙️ Have a financial scenario you’d like us to discuss (without giving personalized advice)? Send your questions to [email protected]—we’ll keep your information completely anonymous!📢 Don’t forget to like, subscribe, and share with friends who could benefit from smarter retirement planning tips!