What to think about before opening the Bank of Mum and Dad

Letting your children access your finances can be risky business. Source: Getty.

There’s plenty of emotional benefits to helping your kids out financially, but it also comes with some risk. If you choose to lend a helping hand to your adult children, here’s how to do it without jeopardising your own financial security.

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Have you ever lent money to your kids? Did you regret it?

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