This is a touchy topic! Should parents give money to adult kids? Let us say for the following: Buying a car Buying a house Higher education Marriage For an expensive vacation (expensive because the kid cannot afford it) I do have strong views on this. Everybody should learn to live within their means. If you […]

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Ok if you are reading this, it means you are young! Not sure how young, but let me assume that you are really young. It means you are still wondering who will pay for your higher education. You have just graduated and are wondering whether your parents can / should pay for your higher education. […]

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this was written in 2007-8 and appeared in an abridged form in moneycontrol ….   Hello, Congrats on the nice job you have got! With a degree from an Ivy League school this was a nice job to land. I know you have majored in Finance and are hoping to make money by the tons. […]

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So many parents can afford to send their kids abroad today, it is not funny! And most people would have had aspirations to study in Harvard, Wharton,….the Ivy League. Today they can sign cheques of US $ 150,000 without batting an eyelid when their kid says ‘dad I want to study abroad’… In the 1960s, […]

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