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You want to make sure that your child knows that you are the only person on whom he can always count. But as they age, certain borders in place can be important for their own growth, especially when it comes from money . A recent Credit survey in Karma have found that almost a third of parents with adult children still provide them with financial support. And even if it is not necessarily a bad thing to help your offspring here and there, doing this Also Many can put pressure on your relationship and your finances. Read more to discover six situations when experts say you should never give your adult children money.

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As your children are getting older, you are probably getting closer to your years of retirement - and if you have spent a lot of time saving for this, do not compromise this.

Enoch Omololi , MSC, a Personal finance expert and founder of Savvy New Canadians, says Better life That he recommends to parents never give their adult children money if that forces them to dive into their retirement savings.

"If you have to immerse yourself in a savings account that is reserved for you and the future of your spouse, you may want to think again before offering it to your child," explains Omololu. "Although it can be tempting because the money is just seated there, and generally in a large lump sum, this can become a precarious situation on the whole line, especially if your child continues to return with more money requests. ""

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Being out of debt can be "incredibly painful" for anyone, Scott Nelson , A Personal finance expert At Moneynerd, says. But that does not mean that you should intervene and take care of things if your adult children owe a considerable amount. AE0FCC31AE342FD3A1346EBB1F342FCB

"This can often disadvantage your children to simply repay their debt and expect the solution to be resolved forever," says Nelson. "Instead, it may be advantageous to ask your children what led to debt in the first place, then to support them in the search for debt aid, whether it is debt charity organizations , or by contacting lenders to see if they can provide payment plans. "

If the debt of your adult children is with you, you certainly don't need to lend them more.

"You do not make them favors by helping them continue to accumulate debts", " Courtney Alev , A Consumer financial defender at Credit Karma, warns.

Instead, ALEV advises parents first a plan on how their children can reimburse them with the money they have already been loaned.

"Create a payment plan to which they can stick to, especially if they owe you a large sum of money," she said. "Once you are paid in full, you can discuss the option of lending them again money, as long as a similar refund plan is in place, and you are convinced that you will be reimbursed quickly."

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If you cut your children, you want them to be in a place where they could still stand alone. So if you allow them to live a sumptuous lifestyle of your money, you could put them on a dangerous path for the future, Matt Edwards , A Senior Finance Advisor And the director general of Auto Finance Online, warns.

"Do not help your child to establish a lifestyle thanks to a generosity that you know that he probably cannot afford," he advises.

There are understandable reasons why someone could come to their parents for money in adulthood, as if they need help to buy a home or finance a necessary medical procedure, according to Ann Martin , A expert in finance And the operations director at Creditdonkey.

But if they don't provide you with a clear reason, Martin says you should think twice before lending them anything.

"If they cannot or do not say why they need money or how they plan to spend it, it's a good idea not to put the money back," she said. "It could be a sign of a lack of financial provident, or it might suggest that they need money for something they are ashamed or disapprove of."

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You should never risk your own credit for your adult children.

"Although there are many lower interest loan options, especially for the elderly with good credit, this is not always the best option to assume another financial burden to help someone else" , explains Omololu.

You should allow them to consider making this financial decision themselves, according to Omololu.

"As an adult, your child can be eligible for his own loans, so it is better to advise them on this process and perhaps support them as a co-signer instead," he explains.

Best Life offers the most up -to -date financial information for high -level experts and latest news and research, but our content is not supposed to replace professional advice. Regarding the money you spend, save or invest, always consult your financial advisor directly.