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Personal Finance
Dealing with the Financially Irresponsible Giving financial help to a family member – especially if it’s yet another cash payment earmarked for an adult child – may seem like something…
If you think you don’t need a resume for a blue collar job, think again. An organized, professional resume is a great way to stand out in today’s crowded job…
If your monthly debt payments outside of mortgage or rent exceed 20% of your income, you have a debt problem that requires attention. The good news is you have options.…
Mark Boileau of Dallas recently bought a new Toyota Prius with the help of a “convenience check” issued by his credit card company. But his experience turned out to be…
With online banking available at the click of a button, it’s become easier than ever to manage credit cards, even if you have multiple accounts. When you use credit card…
Many of us know we have an option to use a debit card but don’t take advantage because we lack knowledge or interest or simply are in the habit of…
One of the most important relationship questions couples face before they marry – How much debt do you have? — often isn’t asked, but might serve as a commitment speed…
Being named in a will as the executor of a deceased person’s estate is, in many ways, a tremendous honor: You have been identified as someone with the capacity to…
Borrowing money can be useful, allowing you to buy a home or finance a car that would otherwise be out of reach. But debt is only useful if it improves…
Sources:
- Segal, B. (2021, May 5) Poll: Many parents have helped adult children financially since 2020. Retrieved from https://www.creditcards.com/credit-card-news/pay-adult-childrens-debt-poll/
- N.A. (2021, September 6) Should You Financially Support Your Adult Children. Retrieved from https://womenwhomoney.com/financially-support-adult-children/
- Barroso, A. Parker, K. Fry, R. (2019, October 23) Majority of Americans Say Parents Are Doing Too Much for Their Adult Children. Retrieved from https://www.pewresearch.org/social-trends/2019/10/23/majority-of-americans-say-parents-are-doing-too-much-for-their-young-adult-children/
- Jason, J. (2020, January 13) Retirees, You Need To Stop Supporting Your Adult Children. Here’s Why. Retrieved from https://www.forbes.com/sites/juliejason/2020/01/13/retirees-you-need-to-stop-supporting-your-adult-children-heres-why/?sh=726b81f24d08