Chapter
Parents Giving Money to Adult Children
The idea of parents gifting money to their children for things like buying a house or getting married is not new, but it's gaining in popularity. It's important to teach your children to handle money well and consider whether helping them out financially is the right decision for your family's unique situation.
Clips
The podcast discusses the trend of parents charging their adult children rent to live at home, and the potential benefits and drawbacks of this practice.
21:26 - 23:07 (01:40)
Summary
The podcast discusses the trend of parents charging their adult children rent to live at home, and the potential benefits and drawbacks of this practice.
ChapterParents Giving Money to Adult Children
EpisodeCan I Catch Up on Investing if I Started Late? (Hour 1)
PodcastThe Ramsey Show
Rich dads teach their children how to handle money and provide them with useful financial skills for their future.
23:07 - 24:51 (01:43)
Summary
Rich dads teach their children how to handle money and provide them with useful financial skills for their future. They believe in gifting tangible assets like a house as a valuable inheritance.