Tag Archive for: giving

Help Your Kids With Finances Without Jeopardizing Your Own

For an increasing number of parents, supporting their adult children means providing financial assistance, even if it means they are putting their own financial security at risk. Financial experts say that such sacrifices are dangerous for both parents and children. If the parents run out of resources in retirement, they may end up putting an even greater financial burden on their children.

An NFL Player Was Too Generous With His Family — And It Cost Him

Over the course of his 10-year NFL career, Phillip Buchanon earned $20 million. But just two years after his retirement, he was “at least half a million dollars in the hole” from bad investments, excessive generosity with family and poor money management skills. CLICK ON THE HEADLINE FOR MORE