Three in Four Parents With Adult Kids Are Making This Glaring Mistake
Many parents struggle to accept the fact that their grown kids no longer need them. But the majority of parents seem to have the opposite problem -- their adult children need them a little too much, especially when it comes to financial support. And while it's one thing to pick up the occasional dinner tab or treat your grown kids to a new household gift here and there, it's another to offer ongoing financial support. Yet 75% of parents with adult children are doing just that.
In a poll, three-quarters of U.S. parents with grown kids admit to helping their children cover their bills. What many don't realize, though, is just how much their generosity might end up costing them.
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Source: Fool.com
