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Rick to Present on Enabling Adult Children

Heading to the FPA Annual Conference in Minneapolis today. I will give a presentation Friday on “Difficult Client Conversations Around Enabling Adult Children.” The talk highlights the successful use of Financial Therapy to bring about successful outcomes for both the enabler and the enabled. Here is a little preview….

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When Parents Can’t Say No: Financial Enabling

“Pleeeeeze?” Your nine-year-old daughter has spent her allowance but is begging you to buy her a toy she “just has to have.” “I really will pay you back this time. I promise.” Your 30-something son, despite a history of non-payment that would make a banker flinch, is asking for another loan to get him out […]

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Saying “no” when your child wants money

The next time you’re tempted to give into your child’s requests for a few extra bucks, whether its $10 or $10,000 keep in mind that enabling children can lead to dependency, which usually kills the child’s self esteem and initiative.   Furthermore enabling prolongs the inevitable, and is usually seated in the guilt and obligation of the […]

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