TEACHING OUR GRANDKIDS (AND OUR KIDS) RESPONSIBILITY

As the Eyres continue their March theme of how to live the second half of life financially, they focus today on things grandparents can do to assist children financially without fostering attitudes of entitlement. Ideas like an interest-paying Grandparents Bank, Matching Grants, and Custodial Roth IRAs are discussed. All must be done in consultation and agreement with the parents.