Jun 17, 2026 · 34 min · 11 segments
**Few institutions are as generous, emotional, or enduring as the Bank of Mom and Dad.** In this episode of *Life Chapters, Money Choices*, Michael Avery and Kim Potgieter are joined by Financial…
Tom BrukmanGuest
Kim PotgieterHost
Michael AveryHostNo entities detected.
When you sit with families where parents are still financially supporting adult children, what is usually really going on beneath the numbers?
I'm a big fan of the podcast, and I've obviously been listening to the series, so it's nice to come and be invited on.
This question is becoming far more common in most of our client meetings, and we've got an age range of clients, so I'm not even talking about various generations or specific stages of people's lives.
The instinct to help and the innate human nature we have, as you said, around I want maybe the best for my children.
And I think that's where you get to the space that you talk about where it's kind of enabling.
uh, these children, adult children, I must add, I think that's important to state.
We're not talking about children in their adolescence and growing up and teens and somewhere they need this one.
That's, that's, that's obvious toward adult children and then enabling, which, um, It brings the parents, I think, a lot of satisfaction that they valued, that they are making themselves useful and contributing to this adult children's child's life.
But at the same time, either putting their head in the sand or dismissing the reality of what it is doing to their own financial situation and financial future.
And also I hate, I've heard one financial planner refer to minor children as expenses.
If that's your view of the world, I'm sorry, we're on a completely different page.
When you sit with families where parents are still financially supporting adult children, what is usually really going on beneath the numbers?
I'm a big fan of the podcast, and I've obviously been listening to the series, so it's nice to come and be invited on.
This question is becoming far more common in most of our client meetings, and we've got an age range of clients, so I'm not even talking about various generations or specific stages of people's lives.
The instinct to help and the innate human nature we have, as you said, around I want maybe the best for my children.
And I think that's where you get to the space that you talk about where it's kind of enabling.
uh, these children, adult children, I must add, I think that's important to state.
We're not talking about children in their adolescence and growing up and teens and somewhere they need this one.
That's, that's, that's obvious toward adult children and then enabling, which, um, It brings the parents, I think, a lot of satisfaction that they valued, that they are making themselves useful and contributing to this adult children's child's life.
But at the same time, either putting their head in the sand or dismissing the reality of what it is doing to their own financial situation and financial future.
And also I hate, I've heard one financial planner refer to minor children as expenses.
If that's your view of the world, I'm sorry, we're on a completely different page.
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