Enabling Self Indulgent Adult Children

When to say no. Paying for your adult children.

This section is the real advice for parents supporting adult children

Set up a plan so that you can wean your child off of your expense account. Give the child a period of time to find a job, to save some money and then to move out or to start paying their own rent. Offer emotional support and guidance, but cut off the ready flow of funds. Make being a dependent unpleasant, but don’t stop showing your love for the child.

So how do you avoid these issues in the first place?

• Set strict boundaries for your adult aged children well in advance
• Communicate these rules early and often
• Enforce them as they approach the appropriate age

Are you a parent struggling with these issues?  Are you child dependent on your parents?  How do you draw the line in your situation?

Self Indulgent Children via [SavingsAdvice]