When my brother and I were growing up we had a single mother who we knew did not have any extra money. In fact, we both started contributing to the household with money before we were 18. I’m not mad or even offended. It taught me value and work ethic that has served me well all my life.
I did as most people do, I didn’t ask my kids for anything beyond house chores or paying for their own obligations like if they wanted a new iPhone or wanted a game subscription.
As my children have all become over 18, I’ve “helped” out each of them differently at times over the years. It’s so hard to be “fair” when they have needed help.
Here is some of the guidelines we have in place for them that we try to use.
- They need to ask for help. If they ask, then we aren’t creating the possibility for resentment later and it shows they have looked at their situation and assessed their needs.
- It must be a need and not a want. (This often can be the issue what they want they think is a need.)
- We have a fluctuating income because we are self-employed. The amount we can help with is based on our current liquid resources. We will not go into debt, and we aren’t going to risk our own obligations.
- If we do give them money for bills, we want to see receipts or we will pay the bill directly.
If you have adult children whom you’ve helped what are your suggestions or share some of your stories of lesson learned. I’d love to hear



