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Kiplinger
Kiplinger
Business
Kevin Brauer, MBA, CPA, CMA

Are You Jeopardizing Your Future to Help Your Adult Kids? An Expert Guide for How to Not Do That

A man's hand holds out several hundred-dollar bills to the hand of a younger person. .

As life gets more expensive, one trend is accelerating: Parents are providing ongoing financial support to their adult children.

It might start with help covering rent, student loans or groceries, but more often, that support stretches further than expected. This generosity, while well-intentioned, can chip away at a parent's budget and derail financial goals.

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