May 16, 2012

Huffington Post Thoughts: When Does the Parent's Checkbook Voucher Expire?

Huffington Post Article:  Help!  My Partner is Giving Our Life Savings Away...
So at what age do your children outgrow the need for financial help? It may be older than you think. Recent research indicates that a whopping 93 percent of Americans who are a part of the baby boomer generation have provided some sort of financial help to their grown Gen X or Gen Y children.
This is just to make you think.  When does the Parent's Check Book Voucher expire?  Are parents forever the go to people when things get tough?  Would things even get tough if there was no parental open checkbook...do children get in a financial bind because they know the parents will help them out?  You tell me.

Barbara

5 comments:

Janette said...

I don't see our parental check book expiring any time soon....

Barbara Torris said...

Jannette, I would never turn my back on my child. But then that is just me. So I am with you. Love for my children doesn't expire either.

Barbara

Honeydidyouseethat said...

My two are off the payroll. Yay! Better yet, both are sending us money every month in order to pay down loans from us. As a newly retired couple, it gives us a cushion in case we over spend.

Smiths on The Move said...

My two are off the payroll. Yay! Better yet, both are sending us money every month in order to pay down loans from us. As a newly retired couple, it gives us a cushion in case we over spend.

Barbara Torris said...

Smiths/Honey,

You are two very lucky people. Off the payroll AND repaying loans. What a wonderful family you must have.
Congratulations.

I hope you are enjoying that retirement. I will be checking out your blogs.

b

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