Two of My Kids Just Received Life-Changing Money. It Might Do More Harm Than Good.
55 years, 2 months ago

Two of My Kids Just Received Life-Changing Money. It Might Do More Harm Than Good.

Slate  

Pay Dirt is Slate’s money advice column. Something like, “Your younger siblings received an inheritance that gives them financial security, which is great, but also means they’re in a different situation than you. Dear Help, I’m not sure where you’re meeting these planners, but you want to start your search with a Certified Financial Planner. Anyone can call themselves a “planner,” but when a financial planner is actually certified by the CFP Board, they’re held to certain ethical and professional standards, including a fiduciary duty when they give financial advice. —Screwed Twice Over Dear Twice Over, It’s unreasonable for your mother to expect your financial support because she “did the right thing.” Yes, she made the right choice for many reasons, but the focus should not be on her allegiance to you, as if she did you a favor by leaving her husband, and now you owe her something.

History of this topic

Parents reveal how they told adult children to move out or stopped paying for them, as its revealed 20% of men and 12% of women aged 25-34 still live at home
1 year, 1 month ago
Here's how financial literacy can help your child succeed in future
2 years, 1 month ago
5 Effective Methods That Will Help You Teach The Value Of Money To Children
2 years, 4 months ago
4 reasons why your child should be financially educated
2 years, 5 months ago
All I want for Christmas is… a financial future
4 years, 3 months ago
Tips to teach children about financial planning
4 years, 3 months ago
How moms can take care of finance
6 years, 10 months ago
How to teach your kids about money
7 years, 9 months ago
Five healthy money habits to teach your kids
8 years, 5 months ago

Discover Related