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Tracy Stewart, CPA
  • (979) 324-8179
  • (979) 324-8179
  • Location
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Tracy Stewart, CPA

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  • (979) 324-8179
  • (979) 324-8179
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Peace of mind through financial clarity.

Tips for lending money to your adult children

July 13, 2017 by Tracy Leave a Comment

In today’s episode of Your Money Minute, I continue sharing advice on what to consider when lending money to your adult children. This can be a tricky endeavor that leaves feelings hurt and impacts your own finances — so I’m sharing advice to help you keep awkwardness at a minimum and make the most of the situation for all involved.

If you’ve decided that you are going to lend money to your adult child, it’s important to set expectations, determine guidelines and make sure all details are clear before sharing any funds. Yes, this may seem uncomfortable — but by addressing boundaries, it will help protect hurt feelings and mismeasured expectations in the end.

If you’d like more advice on money and finances, be sure to subscribe to my YouTube channel for your daily episode of Your Money Minute!

Filed Under: your money minute

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