The Dilemma of Financial Independence: Parental Support vs. Personal Responsibility

TL;DR Summary
A reader gave their son $16,000 as a gift during his divorce eight years ago, but now their husband wants him to repay it. The columnist advises determining whether the money was intended as a gift or a loan, and if it was a loan, creating a manageable payment plan. However, if it was a gift, the reader should consider the impact on their son's financial future and the potential consequences of not discussing the decision with their husband. Ultimately, the reader should make a decision based on what they believe is fair and seek open communication with both their son and husband.
Topics:technology#communication#family-relationships#financial-responsibility#loans#parenting#personal-finance
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
5 min
vs 6 min read
Condensed
91%
1,165 → 103 words
Want the full story? Read the original article
Read on Business Insider