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Financial Support for Adult Children
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When Should You Stop Financially Supporting Your Adult Children?
Would you support your kids into their 30s. Some financial adviserss say it might not be such a bad idea. And chances are plenty of people, you know, are already getting a little help.I spoke to adviserss who told me parents are chipping in for everything from vacations and credit card bills to down payments and major home renovations. One adviser described a 40-something woman still on her family's phone plan. About 60% of parents said they'd supported their grown children financially over the past year.On ...