Nov 2nd, 2020 | Money Podcast

ADULT CHILDREN AND THEIR MONEY PROBLEMS ARE NOT YOUR PROBLEMS Why in the world would a dad put up with the financial demands of his adult son's fiancée? For that matter, why would YOU?

Here's the blog that got Tom all revved up: I offered my son $30K for a down payment on a home. His fiancée wants a written agreement for my gift to be split 50/50

Where do you stand? Tell Tom: tom@blowmeuptom.com.

HOUR 1

Comments

Submitted by ProfTomLpupil on

I do not feel that financial or other type of parental support is bad, unless parents over do it and spoiled kids to the core. Is the son spoiled? Perhaps but at least he has his own place to live in. Offering money makes son's life easier and at the same time exposes what the fiancee is after.

Lets focus on the fiancee and where she gets her financial education. If girlfriend is asking for a written agreement means she was already advised by divorced mom on what/how legally girlfriend can get her claws on.

Submitted by Liberation95 on

You're right, this is a big red flag! Hope the son is rethinking his decision to marry this gold digger. If you ask me, she did him a big favor by exposing her real motives.You don't learn how to take care of yourself when people give you money. Had my own experience when an ex-girlfriend kept bringing up the debt she had from paying for her mother's surgery over and over again, but I took your advice and did nothing to help her.