There comes a time when we have to take responsibility for our lives and start making decisions that contribute positively to our own well-being. Not just rely on the kindness of others.
But in a post on the subreddit ‘Entitled People,’ platform userArchi_Femme10said that her brother — despite being 26 years old — still hadn’t realized it.
It had gotten so bad that their mother, who sounds like a pleasant, conflict-avoidant lady, decided to teach the guy a lesson and took matters into her own hands.
Grown-up siblings are supposed to be on each other’s side
Image credits:dekddui1405 / envato (not the actual photo)
But when this woman learned that her mother was kicking her brother out of the house, she was quite ecstatic
Image credits:Lazy_Bear / envato (not the actual photo)
Image credits:archi_femme10
Experts say parents should prioritize their own financial security and set clear boundaries when providing financial support to their grown children
Image credits:Karolina Grabowska / pexels (not the actual photo)
According to a 2024 Savings.comsurvey, 47% of parents with grown children provide them with some form of financial support (not including adult children with disabilities).
On average, these parents are shelling out $1,384 a month, the research found.
Compared with their parents at this age, Gen Zers — the cohort to which the guy from the story belongs — are more likely to have a college degree and work full-time. So in this sense, he’s more of an outlier.
However, of the adult children who are still living at home, 61% don’t contribute to household expenses at all.
As the situation we just learned about illustrates, supporting grown children can be a substantial drain, especially to those whose own retirement security is at risk.
Savings.com discovered that 58% of parents have sacrificed their financial security for the sake of their adult children, a jump from 37% of parents a year earlier.
Therefore, Carolyn McClanahan, a certified financial planner and founder of Life Planning Partners in Jacksonville, Florida, believes that first and foremost, parents should have a good financial plan for themselves, and only then budget how much they can give their kids.
“You need to create boundaries and figure out a balance,” shetoldCNBC commenting on the issue, adding that as a rule of thumb, you should set aside money for your retirement and emergency fund first.
So judging from the post, it sounds like the lady is doing the right thing.
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