Farnoosh Torabi on Facebook Follow Farnoosh Torabi on Twitter Follow Farnoosh Torabi's RSS Feed Official Site of Farnoosh Torabi, Financial Expert and Money Coach

How to Cut Financial Ties With Your Adult Child

A wise person once said “The best way to teach your kids about money is to not have any!” I visited the ABC News desk this afternoon to discuss ways parents can take their kids off the mom and dad payroll. The overarching advice is that parents should try to empower their grown-up kids with their advice, their guidance and some resources (other than cash), all the stuff you can’t put a price tag on but is the very help that can lead children towards financial independence. You can watch the full interview here at ABCnews.com

Leave a Response