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382-How to Remove Your Adult Children from Suckling at Your Financial Teat (aka, How to Get Your Boomerang Kids to Grow Up and Leave!)

382-How to Remove Your Adult Children from Suckling at Your Financial Teat (aka, How to Get Your Boomerang Kids to Grow Up and Leave!)

Radical Personal Finance · Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

October 5, 201648m 59s

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Show Notes

I recently read an article from the New York Times called, "It's Official: The Boomerang Kids Won't Leave." The story is a familiar one: adult children fall on hard times after college and need to move home in order to make ends meet.

This is an experience that many parents have had.

The challenge is this: how do you get the kids to leave? What can and should you be doing in order to get them to a place of autonomy?

In today's show we tackle this subject.

We also cover some ideas for younger parents to implement in order to help your children avoid the boomerang effect in the first place.

Joshua