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
Student Loan Disability Discharges - Episode 287
The Money Nerve - Episode 286
Control Your Thinking - Episode 285
Sidestep The Market Crash - Episode 284
Seven Myths About Chapter 7 - Episode 283
Thirteen Myths About Chapter 13 - Episode 282
Foreclosures and Evictions are About to Resume - Episode 281
Promoting Your Business - Episode 280
The Student Loan Planner - Episode 279
My Landlord Died! Is My Lease Still Valid? - Episode 278
Top 5 Myths about the Freddie Mac Exclusionary List - Episode 277
Monthly Passive Income Through Tax Deeds - Episode 276
Bitcoin Unbanker - Episode 275
Is Crypto Currency the Future of Money? - Episode 274
Nine Ways To Get Out of Debt - Episode 273
Feng Shui to Crush Debt - Episode 272
In Guns We Trust - Episode 271
Do You Know Your Target Audience? - Episode 270
Using the Law for Limitless Leverage - Episode 269
Using Your Bookkeeper to Crush Your Debt - Episode 268
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Aktörspodden
The Power of Storytelling
The Ramsey Show
PBD Podcast