Teaching Adult Children To Be Independent

Your adult child just graduated from college. He isn’t sure he knows what to do, and he is asking you for money every few weeks. How do you cut the purse strings and teach him to be independent? Here are some tips to help your adult child be more independent: Be There— While I am not recommending that you are there with open wallet any time your adult child has a financial crisis, you can and need to be there to listen and offer advice where it is required. Helping your adult child out by listening and providing emotional support is just as important and better for them in the long run. Remember back to your own early days out on your own. It may have been hard, you may have “borrowed” an awful lot shampoo from your roommate, but you survived it, and your adult child will too. Gone, but Not Gone— What about the adult child who IS out on her own, but is still relying on mom and dad for financial assistance? Perhaps the job doesn’t pay enough for rent, utilities, ca...