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2 Reviews
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3 of 3 people found the following review helpful:
5.0 out of 5 stars
Practical book for financial rules between parents and their adult children
Ken Kaye and his son Nick provide an excellent and practical set of guidelines and strategies for dealing with the financial dynamics between parents (or other mentors) and their adult children. They emphasize the importance of establishing an explicit (and written) "DEAL" that outlines the offer, expectations and accountability when parents provide financial support. We...
Published on June 23, 2009 by Dean R. Fowler
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0 of 2 people found the following review helpful:
2.0 out of 5 stars
Trust Me: Not worth the read
Helping your adult children out with "contracts" is not the advice I wanted to hear. This book made me tired before I started any of the "contracts" with my adult children. This book was nothing but work to read and nothing but "work" to do. If these kids now a days cannot get jobs (or live according to their means), the consequences are they will suffer. Too bad...
Published on September 8, 2009 by kepviolin
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3 of 3 people found the following review helpful:
5.0 out of 5 stars
Practical book for financial rules between parents and their adult children,
By
This review is from: Trust Me: Helping Our Young Adults Financially (Hardcover)
Ken Kaye and his son Nick provide an excellent and practical set of guidelines and strategies for dealing with the financial dynamics between parents (or other mentors) and their adult children. They emphasize the importance of establishing an explicit (and written) "DEAL" that outlines the offer, expectations and accountability when parents provide financial support. We found the process for negotiating the "DEAL" and the distinction between gifts, grants, and loans to be extremely helpful.
After using the insights from this book in our own family, I have recommended Trust Me to several of my family business clients. Dean R. Fowler, Ph.D. author of "Love, Power, and Money: Family Business Between Generations"
0 of 2 people found the following review helpful:
2.0 out of 5 stars
Trust Me: Not worth the read,
By kepviolin (Chicago, IL) - See all my reviews
Amazon Verified Purchase(What's this?)
This review is from: Trust Me: Helping Our Young Adults Financially (Paperback)
Helping your adult children out with "contracts" is not the advice I wanted to hear. This book made me tired before I started any of the "contracts" with my adult children. This book was nothing but work to read and nothing but "work" to do. If these kids now a days cannot get jobs (or live according to their means), the consequences are they will suffer. Too bad. Plus, the author giving the culprit, his ADHD son, an author's title, ridiculous!
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Trust Me: Helping Our Young Adults Financially by Kenneth Kaye (Paperback - March 31, 2009)
$20.95
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