Keeping it Real – Family Edition Podcast
About This Show
Everywhere we look today we see entitlement, even within ourselves. Where does this mentality come from? How can we change and be a role model for the future adults in our lives? In our first episode, we focus on guilt being one of the culprits of this nasty character trait we all inherently possess.
Most Recent Episode
KIRF 005 : Enabling Series – Paying For Our Kids… When Does It Stop?
Aug 4 14
Enabling Series - Paying For Our Kids… When Does It Stop?
We have children and expect to pay for their needs. But what defines those needs? Are we responsible for paying monthly bills like cell phones and car insurance? Are parents the ones who should take on car and college expenses for their children? At what point is a child considered an adult and responsible for all of their expenses? These are questions we answer in this podcast and discuss ways to prepare your child to take on the financial responsibilities of adulthood.
What We Discuss in This Episode:
Monthly Expenses - Cell Phones, Car Insurance
Post on cell phones are they a need?
Should kids pay for their own phones?
Who should pay for car insurance?
Jobs for teens?
Working for your parents
Starting your own business as a teen
Large purchases - Cars, College
Should a 16 yr old pay for their own car?
what we did with daughter
How can they pay for their college?
Why should they pay for their college?
learn to manage money
Helping with expenses
Do we as parents have to take care of our children as adults?
Some parents seem to think we do, the ones where their children are living in their basements spending the day playing video games
Providing for our adult children, what does that mean?
If your adult child gets in trouble, do you bail them out? How much?
How do we not allow guilt to enable our children?
How is enabling effective? Paying for your kids college or car is this ever effective? When it opens opportunities for them and they understand that it is just that, not giving them what they want out of guilt or anything else.
How does enabling hurt?