The Parenting Podcast

Cheryl Lange, Host

When the Bills Change Hands | Ep. 229

SEP 24, 202633 MIN

Description

As our kids grow up, who pays for what gets surprisingly complicated. Generosity is good. So is responsibility. Figuring out when the bill belongs to us—and when it belongs to them—is where things get interesting. Talk notes: The changing financial relationship as kids move toward adulthood Generosity, responsibility, and knowing when each is appropriate Looking at patterns: Is this a genuine need or ongoing irresponsibility? What is our financial help producing? Giving young adults real experience managing their own money Gradually transferring financial responsibility Setting expectations before college, weddings, cars, and other major expenses Matching funds and shared expenses as practical options When financial support unintentionally becomes control Leaving with our kids what is appropriately theirs to carry