Most people would agree that parents are responsible for taking care of their children in many different ways. Some examples include providing emotional support, ensuring physical wellness, and providing for them financially. But how old is too old to be receiving money from mom and dad? A recent survey shows that many older Americans are providing funds for their adult children even if it is to their own financial detriment. Find out what the survey reveals and more in this week’s episode of FinCap Friday, below:
As well as the google slides on this topic: https://docs.google.com/presentation/d/1iW0r5fMLg4Q0rpnddtOSFEP2if-v6nzML-54TC2pApc/edit#slide=id.gab09f38c83_0_50
About the Author
Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor’s degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master’s degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her soon-to-be 7 nieces and nephews!