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Financial rescue – The daily blog of behavioral and cognitive economics

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Financial rescue – The daily blog of behavioral and cognitive economics

Stop Bankrolling Your Adult Child’s Stuck Life

Back in 1973, Pink Floyd built an entire song around the strange hold that money has over us. He sang about how it can dominate a person’s thinking, even when no one’s talking about it out loud. Half a century later, I hear that same undertone in almost every session I have with parents of struggling adult children. Nobody wants to talk about the money, but it’s always in the room. Here are some examples from my parent coaching work (names changed here) of what I mean. ….[READ]

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