A few days ago I posted a link to a Washington Post column by Michelle Singletary, inc which she talked about when adult children’s finances may be their parents’ business. Today, I’ve got a link to the transcript of a live online chat Singletary hosted, where she answered questions about various topics. With her column fresh on their minds, many people asked for more information about dealing with adult children’s finances. It makes for an interesting read, and you can find it here.
Talking to your Adult Children About Money
Here's a link to a video with some great advice for talking to your adult children about money -- whether they live with you or not. Advice To Give Adult Children About Money
Financial planning when adult kids move home
This recent article from the Wall Street Journal offers some good financial planning advice for families with adult children moving home.Their key tips: Establish a Plan Share personal financial information Preserve retirement plans Older parents…
Adult kids moving home experience "growing pains"
MSNBC recently featured a story about adult children moving home because of the recession. It talks about how relationships change between adult kids and their parents when the adult kids return home. We particularly like…