Five Rules When Talking to Adult Kids About Money
Last updated 3/26/2019 at 3:24pm
More than 22 million adult children between the ages of 18 and 34 are living at home with their parents.1 This phenomenon is partially driven by the financial realities facing 20-somethings today, but it also illustrates the strong ties that exist between boomer parents – who have been scrutinized for "helicopter parenting" – and their boomerang kids. The U.K. Journal, Psychologist, found that more than half of millennials phone, text or email their parents nearly every day.2
Despite communicating frequently and openly about everything from playground gossip to conflicts at work, howev...