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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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