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Should I rely on the Bank of Mum and Dad? / Should I lend money to my kids? - Enrichmentality
Kids: should you rely on the bank of Mum and Dad? Parents: should you lend money to your kids? This #Enrichmentality post delves into the pitfalls of lending within families, especially when parents help thier kids buy a first home, and why, sometimes, it can result in more financial and emotional heartache than it's worth. Includes tips for communicating about money within familes.