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How parents and their adult children can build strong relationships, with Laurence Steinberg, PhD

Speaking of Psychology

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How to Help Your Adult Child Financially

When is it okay for a parent to help their adult child financially and what parameters should they lay out in order to navigate this potentially tricky situation I think that parents should help their adult children as much as they can without threatening their own well-being or retirement or health. Parents need to realize that it's normal these days for young people to ask their parents for financial assistance now assuming that the parents can afford to help and do help then I would really ease off on monitoring your children's expenditures but there should be an explicit understanding before appearance and young adult children enter into this kind of financial relationship.

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