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The Bank Of Mum & Dad

She's On The Money

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The Pros and Cons of Having a Bank of Mum and Dad

Having a bank of mum and dad can delay your financial literacy until later in life when you're forced to learn instead of learning along the way. It's not all sunshine and roses, I guarantee my DMs would absolutely blow up with people being like, it's not all sunny and roses. But there's actually a better outcome for literally everybody in the circumstance. Like if you're at a point where you're like, hey, I know we're talking about our BOMAD, talk to a broker, go talk to Kate from Zella Money,. And she can actually help you through that one. How do you talk to your parents? What does that look like?"

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