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October 5th, 2016

382-How to Remove Your Adult Children from Suckling at Your Financial Teat (aka, How to Get Your Boomerang Kids to Grow Up and Leave!)

  1. 382-How to Remove Your Adult Children from Suckling at Your Financial Teat (aka, How to Get Your Boomerang Kids to Grow Up and Leave!) Joshua Sheats 48:59

I recently read an article from the New York Times called, “It’s Official: The Boomerang Kids Won’t Leave.” The story is a familiar one: adult children fall on hard times after college and need to move home in order to make ends  meet.

This is an experience that many parents have had.

The challenge is this: how do you get the kids to leave? What can and should you be doing in order to get them to a place of autonomy?

In today’s show we tackle this subject.

We also cover some ideas for younger parents to implement in order to help your children avoid the boomerang effect in the first place.

Joshua

 

Joshua Sheats Teacher, Host, Broadcaster, Entrepreneur

Joshua J. Sheats, MSFS, is the world's leading authority on integrating lifestyle goals and money goals without conflict. He teaches normal people how to seamlessly connect the science of financial planning with the joy of goal achievement.

Joshua is dedicated to helping normal people achieve financial freedom by merging creative (and crazy) ideas from the world of personal finance with the academic integrity of formal financial planning. He simplifies complex money topics and makes boring financial mumbo-jumbo less boring.