03-02-2023 Dollars & Sense, The Implications of Financially Supporting Your Adult Children

The Markets seem to be as unpredictable as the weather lately. That is why having a well-diversified portfolio that align with your long term goals is so important! Of course you should have some money in the bank for expenses that pop up, but the money you are not going to touch should probably be invested with a long-term strategy.

Because of Market trends, we are noticing in the office that many are being more cautious about spending or part of the money. However, if they are not, part of what they are spending is being used to support their children who are old enough to support themselves. This week on Dollars & Sense, we discuss the implications of supporting your adult children.

 

A full complement of Dollars & Sense broadcasts found here.

 

DISCLOSURES:
During Dollars & Sense with Freedman Financial, your host, Marc Freedman, may discuss specific financial planning and investment ideas. These discussions are for general information only and are not intended to provide specific advice or recommendations.

Securities and advisory services are offered through LPL Financial, a Member of FINRA and SIPC.

Always consult a Certified Financial Planner professional, qualified attorney, or tax advisor prior to investing to determine what is appropriate for you.

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