Optimal Finance Daily - Financial Independence and Money Advice
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com [https://oldpodcast.com/]. Episode 3562: Dr. Jack Stoltzfus explores the difficult balance between supporting young adults financially and encouraging long-term independence. He offers practical guidance on when financial help can strengthen self-sufficiency, when it can create dependency, and how parents can provide support without undermining responsibility or healthy boundaries. Read along with the original article(s) here: https://parentslettinggo.com/to-fund-or-not-to-fund-your-young-adult/ [https://parentslettinggo.com/to-fund-or-not-to-fund-your-young-adult/] Quotes to ponder: "It’s okay to say “no.”" "Just because you can fund doesn’t mean you should." "Most parents have had to struggle at times to make ends meet, and as a result, they are stronger and more confident about their ability to face financial crises." Episode references: Pew Research Center: https://www.pewresearch.org/social-trends/2020/09/04/a-majority-of-young-adults-in-the-u-s-live-with-their-parents-for-the-first-time-since-the-great-depression/ [https://www.pewresearch.org/social-trends/2020/09/04/a-majority-of-young-adults-in-the-u-s-live-with-their-parents-for-the-first-time-since-the-great-depression/] Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]
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