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Adult Children
Reply to "I could use some help on how to raise this with my grown-up daughter"
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[quote=Anonymous][quote=Anonymous]I got into really bad CC debt in my 30's and 30's. Why? Because I felt like a burden to my single mom who is decently well-situated. I think this could be CC, if it is something else it's not really best to say much. If I were you I'd write her a check for 16k (gift tax limit) and tell her to invest/spend it any way she sees fit and never bring it up again. Either way, it gives her a cushion from debt or whatever may be funded her lifestyle if that is what she wants.[/quote] PP, why wouldn't the parent just pay the CC debt (and then give some more in a check)? Say someone is in CC debt for 15K. You could give them 20K, and they go off and spend it all and still have the 15K in debt. Or, you pay off the 15K and give them 5K.[/quote]
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