Don’t let money issues come between you and your family members. See how to manage family finances and topics such as borrowing and lending money.
Mixing family and finances can lead to delicate situations. Whether you’re seeking help or willing to assist a loved one in need, it’s important to take steps to preserve your relationships before money switches hands. In this educational series, we’ll tackle some of the tough financial situations that loved ones face. We’ll equip you wi...
Millions of Americans belong to "Generation Boomerang," a term now used to describe 20-somethings who move back in with their parents after graduating college or after several years in the workforce. In some cases, this younger generation moves back home by choice. Others are forced to following significant financial challenges affecting their a...
The first big "money talk" can be a pivotal moment in any committed relationship. You can prevent much stress and friction in a relationship by simply opening up the doors of communication, and keeping them open. To help you get started, we have nine tips you can use to make the most of your first big money talk. Set a Date – Don't try to hav...
Borrowing money from family and friends can be tricky. We typically suggest lending to loved ones as a last resort, but in some cases, we understand it can be one of the only viable options to overcoming financial difficulties. In How to Help Loved Ones with Money Problems, we explore several different approaches to assisting family and friends ...
When family or close friends are in trouble, it’s natural to have a desire to help. However, when dealing with finances, you should take a few precautions before jumping in. For instance, do you know lending money isn’t always the right option? The tips below will help you evaluate different scenarios and develop the appropriate course of actio...