I would ask to see the budget before sending money. Not as control, but to understand the real problem. Is rent too high, income too low, debt too heavy, or spending leaking somewhere? Help should solve the cause, not only cover the symptom.
Should parents help adult kids financially if they are struggling with rent?
#adult children#family finances#money#rent#retirement
My adult son is working but rent is eating most of his paycheck. We want to help, but we also don’t want to hurt our own retirement or create dependence.
AI Summary
People discuss helping adult children with rent while protecting retirement and setting healthy financial boundaries.
Answers & Discussion
If you help, make it specific and temporary. For example, three months of partial rent while they look for a cheaper place, second job or roommate. Open-ended help creates confusion and resentment. A clear plan is kinder for everyone.
You can borrow for many things, but you cannot easily borrow for retirement. Help only if your own financial foundation is safe. I know that sounds cold, but parents who drain retirement may later need help from the same kids they tried to protect.
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