Posts Tagged ‘debt’
How Multigenerational Households Achieve Financial Independence Together
Special thanks go to Good Nelly for her guest post! –Kristen The American Dream has changed slightly in the last few years. Rather than home ownership and a college education, the new dream is to be financially independent. The result: a significant percentage of millennials are moving back home with their parents or grandparents. As…
Read MoreWill Your Adult Children Ruin Your Retirement?
Here are three real-life scenarios from my own friends or family: Theft: the youngest child of 7, a 27 year old male, has stolen nearly $50K from his parents. Most of the debt came from digging into Mom’s purse (typically left on the dining table), grabbing the debit card, making a few purchases, and returning…
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