Providing financial support to your child and setting limitations

Published Date 1/2/2013
Under: Career & Finances



Providing financial support to your child and setting limitations

These days, it's not uncommon for kids to come home to their parents after graduating from college in search of income. As the job market continues to fluctuate, it's becoming more difficult for young adults to start their careers and financially support themselves. But how much of a helping hand should you give your adult kid?

TheStreet.com states that one way to make a decision on when to cut off your child is to think about the consequences of doing so. What scares you about continuing the process? What do you fear if you stop giving money to your kid?

Consider sitting down with your child and coming up with a plan to give you more peace of mind as you continue providing support. For example, come up with a deadline for when you want to stop providing assistance or develop a repayment plan with your son or daughter.

It can be difficult to go through financial hardships with your child, but speaking to a live psychic may be able to relieve your worries. Through a tarot reading, you can determine when your child will find a job and stability in his or her life.

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