If you have adult kids living with you, do you charge them rent?
If you are living with your parents, do you pay or contribute to household expenses?
Do you support your friends or family financially?
Are you a part of the sandwich generation?
This week, George and Shawn tackle the topic of contributing to household expenses. Nearly 1/3 of 18 - 34 year olds are living at home with mom and dad, and nearly 3/4 of them are contributing financially, according to an article on Yahoo.com - https://finance.yahoo.com/news/sure-hope-won-t-let-120000054.html
In addition, more than 20% of all americans are relying on friends or family for additional support - https://finance.yahoo.com/news/over-1-5-americans-counting-173000561.html
We talk about why these numbers are relevant, as well as when you should start talking to your kids about money, and about contributing to the household.
Let us know if you enjoy this episode and, if so, please share it with your friends!
Please also visit our sponsor, Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt
To contact George Curbelo, you can email him at GCFinancialCoach21@gmail.com or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach
To contact Shawn Yesner, you can email him at Shawn@Yesnerlaw.com or visit www.YesnerLaw.com, and support Shawn's Purple Stride team, MY Legacy Striders: http://support.pancan.org/goto/MYLegacyStriders08
Episode 80 - Debtor's Prison
Episode 79 - Chapter 13 Success Rates
Episode 78 - Interview with Paul Moore
Episode 77 - The Scholarship System
Episode 76 - Living a Spectacular Life
Episode 75, Quit Claim Deeds and Quiet Title Lawsuits
Episode 74 - Bryan Levine, Association Enforcement
Episode 73 - Surplus Funds and Associations
Episode 72 - Association Questions with Bryan Levine
Episode 71 - Listener Questions Answered
Episode 70 - Association and Bankruptcy Law
Episode 69 - Interview of Richard Ficca
Episode 68 - Negotiations & Garage Sales
Episode 67 - Interview with Tom Wolf
Episode 66 - Can I Rent My House if it is in Foreclosure?
Episode 65 - Tips on Consolidating Debt
Episode 64 - The Seven Hour Book with Nick Raithel
Episode 63 - Juliet Kyes of ActionCOACH Tampa Bay
Episode 62 - Eviction, Ejectment and Detainer Actions
Episode 61 - Interview with Andrew Gordon
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