Bridging the Gap: Is It Right for Retired Parents to Keep Their Savings, or Should They Use It to Help Pay Off Their Child’s Debt?
Rising Costs and Family Tensions In today’s world of soaring expenses, financial conflicts within families are becoming common. A 71-year-old retired mother recently chose to spend her savings on European travel and cruises rather than paying off her adult child’s credit card debt. This decision has sparked heated debate. A Child’s Perspective: Feeling Betrayed The…