Young Money With Tracey Bissett

Talking with your family about your money and financial demands can be a difficult conversation, but it is certainly an important one. Over 96% of families with children between 18-35 admit that they help their children with their financial burden - including life expenses such as rent and groceries, often at the expense of postponing their retirement. While it can be tempting for young adults to stay in the mindset of accepting financial help from your family or to believe that your family should be taking care of you, how would you feel if it meant that they weren’t taking care of themselves?   On today’s episode, I explore how the financial demands of many young adults could be hurting their families and loved ones. I discuss ways you can help yourself and your family to become financially fit, why it’s important for parents and their children to communicate the financial demands that will impact everyone involved, and how a little planning and preparation can help you meet your financial goals without hur