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Self-Counsel Press Fall 2014

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Bank of Mom and Dad
Money, Parents, and Grown Children
1st Edition
By (author): Derrick Penner
Derrick Penner

Imprint:

Self-Counsel Press - Vancouver

ISBN:

9781770402133

Product Form:

Paperback

Form detail:

Trade
Paperback , Trade
English

Audience:

General Trade
Nov 01, 2014
$14.95 CAD
Active

Dimensions:

9in x 6 x 0.5 in | 12 oz

Page Count:

104 pages
Self-Counsel Press
BUSINESS & ECONOMICS / Personal Finance / Money Management
  • Short Description
The next generation will have more economic challenges, so parents will be under financial pressure to help them buy houses, start businesses and maintain a good standard of living. But there are many legal, financial and emotional pitfalls awaiting the uninformed and unprepared parental investor and supporter. In this definitive guide, business writer Derrick Penner provides practical, clear advice on how parents can best handle the financial needs of children young and old alike. Penner examines the stressful trend of generational economic decline and provides accessible how-to guides on building a stronger parent-child relationship about money, education and investment. The Bank of Mom and Dad is an important resource as parents determine how to encourage responsible, sustainable techniques that ensure support is provided in the best possible context.
The Baby Boomers are the most affluent generation of all time and their children are bound not to be. Home ownership is more difficult. Saving and investing are more challenging. How do you help your child financially and protect yourself in the process? This book identifies the key strategies to lend a helping hand and ensure you are not vulnerable. It guides families in establishing clear approaches to assistance so parents are legally and financially secured as they try to provide a new security to their children.

Derrick Penner is a senior business writer at The Vancouver Sun, western Canada’s largest newsroom, where he focuses on personal finance and economic trends, among other topics. He holds a Master’s degree in Journalism from the University of British Columbia. He lives in Vancouver.



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