Your Money Friday: Tranfer of Wealth Within Families

07 Sep

Here’s the dilemma- You’re doing pretty well for yourself and have some disposable income. Your parents, who sacrificed quite a bit when you were young, are still struggling, or at least living pretty close to the edge, or so it appears to you. So you, being a good kid, decide to use some of that disposable income to help out your parents- either through taking them out to nice dinners or paying a bill here and there. But then your parents turn around and financially help out a sibling whose not doing as well as you. What do you do?

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