But that advice is outdated amid the reality of an economy still struggling from the fallout of the pandemic. Helping adult children doesn’t have to hinder their path to independence.
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Our kids now face monthly rent payments that can be more than 50 percent of their take-home pay. Inflation is causing food prices to surge. Energy costs are up. If your offspring need to purchase a new or used car, they face exorbitant prices.
I’ve long advocated that parents encourage young adults to live at home as long as possible, especially