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How to Financially Support Your Kids: From High School to Adulthood

In today’s episode, Josh and Elliot discuss various strategies for financially supporting children, from high school through to adulthood. They delve into topics like when to provide cars for teenagers, the importance of balancing part-time jobs with school responsibilities, diverse approaches to funding college education, and the delicate transition to financial independence. The discussion extends to the financial dynamics surrounding weddings and the potential benefits of providing early inheritances to help children at pivotal moments in their lives. Tune in for insightful perspectives on fostering both financial responsibility and independence in your kids.

00:00 Introduction: Supporting Children Financially
00:26 Hosts' Personal Catch-Up
01:31 Reflecting on Past Episodes
04:10 High School Years: Car Purchases and Responsibilities
17:00 College Years: Planning and Support
31:06 Post-College Independence
34:15 Weddings and Financial Support
39:57 Inheritance and Financial Planning
46:07 Conclusion and Final Thoughts

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