The Bank of Mom and Dad

Money, Parents, and Grown Children

This is intended for a Canadian audience.

ISBN: 978-1-77040- 213-3

Number of pages: 104

The Baby Boomers are the most affluent generation of all time and their children are bound not to be. Home ownership is more difficult. Saving and investing are more challenging. How do you help your child financially and protect yourself in the process? This book identifies the key strategies to lend a helping hand and ensure you are not vulnerable.
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The next generation will have more economic challenges, so parents will be under financial pressure to help them buy houses, start businesses and maintain a good standard of living. But there are many legal, financial and emotional pitfalls awaiting the uninformed and unprepared parental investor and supporter. In this definitive guide, business writer Derrick Penner provides practical, clear advice on how parents can best handle the financial needs of children young and old alike. Penner examines the stressful trend of generational economic decline and provides accessible how-to guides on building a stronger parent-child relationship about money, education and investment. The Bank of Mom and Dad is an important resource as parents determine how to encourage responsible, sustainable techniques that ensure support is provided in the best possible context.
More Information
Subtitle Money, Parents, and Grown Children
Publication Date Dec 29, 2014
Market Canada
PDF Preview Download URL
Edition First Edition
Pages 104
Size 6 x 9
ISBN 978-1-77040- 213-3
UPC 069635402139

Author Details - Derrick Penner

Derrick Penner is a senior business writer at The Vancouver Sun, western Canada’s largest newsroom, where he focuses on personal finance and economic trends, among other topics. He holds a Master’s degree in Journalism from the University of British Columbia. He lives in Vancouver.
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