My 2-year-old is learning to ride a scooter. I live at the top of a very steep hill. It’s a dangerous combo. The other day, she started to pick up a lot of speed. I had to make a split-second decision to either pull her off or let her go and risk a fall (more on this later).
It’s a similar consideration in the conversation I have with many clients who are debating whether to help their kids with a down payment. Do you pull your kids up financially and take a chunk out of your nest egg, or do you let them keep riding in hopes that they find their groove and smoothly land on their own? Below, we will walk through some, but certainly not all, of the considerations.
