Indulgent grandparents
November 17, 2017
I’m Miriam Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money
M We can’t talk about generosity without talking about over indulgent grandparents. Its important, but not always easy to respect the role of parents in training their children. Just like too many chocolate chip cookies, more is not necessarily better.
V Communicate, communicate. Mom, you value education; we share that value. Same with meaningful travel, world experiences, but not really new fancy cars. What you provide for shows your children and grandchildren what you value.
M Consider helping them start a Roth IRA. Be careful of having an expected return. Money may not buy you frequent texts from college students, but give a common bond for conversation.