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Adult Children
Reply to "Tips on teaching son financial skills"
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[quote=Anonymous][quote=Anonymous]i am the OP. I enjoy having him there. He has learning disabilities and I fear for how he will cope on his own. [/quote] He can pay well below market rate, OP. The idea is to essentially make him save some of his income by giving it to you, and you save it for him (you don’t have to tell him you’ll give it back to him some day). You can also make him contribute to food and pay for his phone, etc. You could start by talking about goals with him and then making a budget together to help him reach his goals? Why wouldn’t he spend all his money on figurines if that makes him happy and he doesn’t have goals to do something else with his money? [/quote]
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