Moves Parents Can Make To Help Adult Children

Giving your grown kids money? That’s a no-no according to Derek Miser, Chief Managing Member of Miser Wealth Partners with offices in Tellico Village and Farragut, Tennessee. Many financial advisors will caution that if you’re going to loan kids money, don’t expect it back. But, Derek Miser points out that if you’re allowing the kids to accept free money without any means to work for it, you’re digging yourself a hole that might be a problem down the road. Instead, loan them the money with realistic chances of paying back. Is this article on CNBC News, Derek offers his advice on how to tackle this age-old problem.

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