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How far do you go?
I believe as a parent you need to support your kids as much as possible.  But it is a fine line of teaching them, and grooming them to be independent adults with the tools necessary to be sucessful.  The reason I am writing this is because I sometime see instances where parents are failing their children.
As a Michigan loan officer and Michigan RealtorI learn a lot about a persons financial well being when they come to see me.  I know their assets, their income, their expenses when they come to me about a mortgage.  As a  Michigan Realtor I don't get into all of the personal financial information.  But we can deduct from talking to our clients their lifestyle and their theory of money.  We can even tell things about our clients by their credit report.  Where they spend their money and how much they spend at certain stores. 
One of the biggest downfalls I am seeing lately is where the parents are putting their financial future in jeopardy to help their kids.  It is a great thing to give everything you can to help your kids.   BUT    Some of my clients have gone over board and have their finances in turmoil.  All ... more

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