Kissing The Kids Off

You’re worried about the kids.

Rents are rocketing, immigration is soaring, and just when they’ve got enough saved for a deposit, they get out-bidden by your friends (downsizers) for a two-bedroom unit.

You hear the disappointment in their voices and your heart aches.

And then they hit you up for a mum and dad loan.

You’d love to shout ‘yes’ but your spouse pushes back.

After all, no one gave you a leg-up for the dump you bought when you got married.

But you argue house prices have never been more expensive.

And your spouse reminds you your estate (their inheritance) will be worth a lot more too!

So what do you do?

Gifting is a hazardous intersection.

Meaning, is the gift more about you or the kids?

Some people won’t like hearing this, but we’re generous for selfish reasons. i.e. how it makes us feel.

Every week I speak to parents worried about their kids, thinking they should be doing more to help them.

So here’s my question…who’s pain are you trying to cure, yours or theirs?

If it’s your pain and it’s driven by guilt, fear, shame, regret, jealousy or some form of redemption, then I’m not sure money is the answer.

I’d start with self-forgiveness.

The ultimate gift.

Have a great weekend!

Adam

Back paddock – the more you’re grateful, the more you get to be grateful for.