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To Fund or Not to Fund Your Young Adult by Dr. Jack Stoltzfus of Parents Letting Go on Smart Financial Support
Description
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Episode 3562:
Dr. Jack Stoltzfus explores the difficult balance between supporting young adults financially and encouraging long-term independence. He offers practical guidance on when financial help can strengthen self-sufficiency, when it can create dependency, and how parents can provide support without undermining responsibility or healthy boundaries.
Read along with the original article(s) here: https://parentslettinggo.com/to-fund-or-not-to-fund-your-young-adult/
Quotes to ponder:
"It’s okay to say “no.”"
"Just because you can fund doesn’t mean you should."
"Most parents have had to struggle at times to make ends meet, and as a result, they are stronger and more confident about their ability to face financial crises."
Episode references:
Pew Research Center: https://www.pewresearch.org/social-trends/2020/09/04/a-majority-of-young-adults-in-the-u-s-live-with-their-parents-for-the-first-time-since-the-great-depression/
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