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Six Guidelines for the Bank of Mom & Dad

(8/19/22) Why the markets are feeling very "beary;" Fed pivot talk is ridiculous; future Jobs cuts are going to be more white-collar; spending habits are shifting; The cost of raising children should be birth control enough; What happens when the Bank of Mom & Dad helps kids with mortgages; Texas food addictions; Lending guidelines for the Bank of Mom & Dad; thinking like a loan officer; who in the world wants to work for the IRS? Tax implications for lending to kids; lending vs gifting to children; the question of balance: How much "skin-in-the-game" do the kids have?
3:18 - Why the Markets Feel Very "Beary"
14:30 - What it Really Costs to Raise Your Kids
30:28 - Food Addictions; Guidelines for the Bank of Mom & Dad
44:30 - Tax Implications for Family Loans
[NOTE: Our live-stream failed during the fourth segment; you can listen to the complete show audio here: https://soundcloud.com/user-949311744/six-guidelines-for-the-bank-of-mom-dad-1922?in=user-949311744/sets/full-show&si=440f5634d3cd4251bb909dc5087ab229&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing ]

RIA Advisors Director of Financial Planning, Richard Rosso, CFP w Senior Advisor Danny Ratliff, CFP
Produced by Brent Clanton, Executive Producer
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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