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Should You Accept Family Money?

Prairie Eco-Thrifter

When I was a young adult, out of college and into my first years of marriage, I cringed at the thought of getting money from my parents. I thought there would be ‘strings’ attached to the use of the money. Providing college money can help cushion that murky time between high school graduation and fully leaving the nest.

Money 124
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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

Emergencies constitute things like: Job loss Medical emergencies Accidents Unplanned large purchases (necessary large purchases) Natural disaster expenses You absolutely need to have this money set aside somewhere it can be easily accessed but also not within your day-to-day reach. They are not a waste of money.