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Viva: Should I lend my children money?

Should I lend my children money?
All you need to know about Peer to Peer lending Source: Getty Images/TraceyDee

Should you lend money to your grown-up children or not? The answer is often straight-forward for parents who’ve spent a lifetime loving and caring for their children.


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By Amy Chien-Yu Wang

Presented by Ricky Onggokusumo

Source: SBS



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Should you lend money to your grown-up children or not? The answer is often straight-forward for parents who’ve spent a lifetime loving and caring for their children.


Parents tend to provide financial assistance to their adult children in education, home deposits and everyday expenses according to a 2017 research conducted by REST Industry Super.

Experts though, encourage taking measures to protect your own financial future before digging into your retirement savings.

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