Lending Episodes

Yo, so check it out—nearly half of parents are dealing with their adult kids moving back home these days. It’s like, what’s up with that? We’re diving into the whole boomerang living trend and figuring out if helping out is actually doing more harm than good. Our listener’s got a real dilemma: should they keep supporting their 28-year-old son who’s still crashing at their place? Nearly Half of Parents Have an Adult Child Back Home This Year. Am I Helping or Enabling? We’re breaking down how to t...

Navigating the tricky waters of lending money to friends and family can be fraught with emotional and financial risks. Ralph dives deep into this topic, emphasizing that it might often be wiser to consider such transactions as gifts rather than loans to preserve relationships. He shares a cautionary tale about Stephanie, who lent her brother money to help his business, only to face late payments, strained relations, and ultimately, a courtroom battle that tore their family apart. As Ralph unpack...