Parents Who Give Too Much

Many boomers are guilty of overindulging their adult children

Remember those first years on your own? the odd, little apartment, the bricks-and-boards bookcase, the $700 jalopy, the chili dinners. You were living on the edge of poverty, and yet you were delighted to be managing on your own.

So if it was so much fun, why is it that you reach for your checkbook whenever your grown children ask for money to pay their credit-card bills, parking tickets, real estate agent fees, medical expenses and insurance premiums? Why do you buy them clothes, condos, new cars and vacations--and welcome them home again to live without asking them to pay...

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