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Your adult child has a business idea and wants your help getting it off the ground. You'd love to support them, but what happens if the business fails and you never see that money again?
Personal finance expert Suze Orman says parents and grandparents should think carefully before opening their wallets. In a recent blog post, she warned that helping adult children pursue their entrepreneurial dreams shouldn't come at the expense of your own financial security.
Orman's main rule is not to offer financial ***** istance unless you're "100% sure you can afford to give that money."
Don't Miss:
#benzinga #personal #suze
Your adult child has a business idea and wants your help getting it off the ground. You'd love to support them, but what happens if the business fails and you never see that money again?
Personal finance expert Suze Orman says parents and grandparents should think carefully before opening their wallets. In a recent blog post, she warned that helping adult children pursue their entrepreneurial dreams shouldn't come at the expense of your own financial security.
Orman's main rule is not to offer financial ***** istance unless you're "100% sure you can afford to give that money."
Don't Miss:
#benzinga #personal #suze
18 hours ago
