How does that grab you?
If you noticed this, maybe it’s because you are one of millions of older parents out there today, that are still supporting your adult child or children. Hey, they’ve been through college. Theyve gotten that position with a fairly good company. Maybe it’s not their final goal in that career they wanted, but it’s a start. And the expectations of the salary they thought would be guaranteed, well it’s not that great.
Now, almost right away, the new car came into the picture. The cell phone and cable TV… well, they are real needs, maybe more than food. The rent at their apartment keeps going up. Many other expenses keep popping up. The student loan still needs to be paid also. Lucky adult children usually get help with that, of course. Life is still somewhat fun and games, and the temptation of all the easy credit lines are just waiting for that next victim. It is your son or daughter.
But how could this happen to them. Thousands of dollars of credit card debt. You really thought you taught them better than that.
Soon, the new job is not so great. There are lay offs, downsizing or many other...
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