Q. We have one son in college, another about to go to school and a third hoping to attend law school. We also have an 80-year-old parent living with us. What is our financial obligation to our family members, especially while we’re both already working multiple jobs?
A. Why do you feel that you need to be obligated to pay for your children? We make it when we have to do it on our own. As far as your father goes, it’s an honor to take care of your parents, but kids? This isn’t about desire to help, it's about guilt. Say ‘no’ out of of love for yourself, versus ‘yes’ out of fear that they won’t love you.
Suze Orman is a award winning certified financial planner and author of several books including 'The Road to Wealth'. She went from being a waitress at age 30, making $400 a month, to now having her own TV show and a net worth of $30 million dollars.
