One of the current personal finance trends I find most interesting is the greater role parents are taking in helping their adult children financially. Theres no doubt that a weak economy is part of this story. As I reported recently, some members of the millennial generation are really struggling to start careers.
Expensive housing is also a factor parents have done so well in the housing market that they cant bear to see their kids priced out. As a result, parents are digging deep to help with down payments and more. One recent survey suggested that 45 per cent of millennial home buyers rece…
Read the full article at: https://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/my-kids-in-debt-should-i-help/article35546046/
