How to Close the Bank of Mom and Dad
Parents are and always have been an immediate financial resource for their children, even if their children are grown adults in their 20s, 30s and even 40s. Regardless of relation, parents should not be viewed as a bank. Part of being an adult is independence, financial and otherwise. Here’s how to close the Bank of […]
Grandparents or Parents Cosigning for Kids
Parents and grandparents want to do everything possible to have younger family members succeed in life. In many cases, this means helping them financially. Sometimes, however, you can get yourself into personal financial trouble by cosigning for kids on loans. The risks associated with cosigning can be high. So be sure that you have a […]