Staying Sane While Raising Your Teens

When to Cut Finances to Your Adult Child

When do you stop helping your children (even those over age 21) financially? I remember paying my daughters’ phone bills until they were about 25 years old. We wanted to make sure they were able to handle their household bills, and we were able to help them, so we did.

What’s interesting is that I met a woman whose husband still relied on his mother to pay his rent. This man was 50 years old. That’s pretty riduculous right? Here is a link to an article that advises us on when to close our checkbooks:
http://www.bankrate.com/finance/personal-finance/cut-financial-cord-on-kids-1.aspx?ec_id=cmct_02_comm_PF_mainlink

Let me know what you think..

MsParentguru

October 22, 2012 at 3:06 am 1 comment