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Break the financial enabling cycle with your adult kids

If you have adult children chances are you’ve helped them out financially. That’s not always a bad thing, but it can turn into a vicious cycle of enabling them if it becomes a pattern. If you feel like helping your

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Posted in Kids, Relationships

Giving Financial Help to Family Members—Look Before You Leap!

A growing number of adult children are turning to the Bank of Mom and Dad and Grandparents. Many families have the impulse to be generous as they watch their young-adult children struggle with a tough job market and challenging economy,

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Posted in Financial Planning, Financial Wellness

6 Ways to Help an Adult Child Without Going Broke

Our own blogger Barb Miller was asked to contribute to an article called “6 Ways to Help an Adult Child Without Going Broke” for The NextAvenue Blog. Author Richard Eisenberg does a great job explaining that you need to have a

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Posted in Kids

Ground Rules On Providing Adult Children Help

Check out our own Counseling Supervisor Elaina Johannessen being interviewed by the Northland’s Newscenter about giving adult children money. Great job Elaina! Strike up a conversation with a college student and you won’t be surprised to find many still rely

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Posted in Kids, Overspending

When to Say No: A parent’s guide to giving adult children money

When I work with clients who give money to their adult children, I am always curious why. Since preparing a comprehensive budget is part of the counseling process, the topic often comes up. The adult child may still be living

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Posted in Kids, Overspending, Relationships
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