Skip to content
Dear LFTP November 28, 2017 · 1:01:09 · 8 min

Dear LFTP: the 25-year-old son, Christmas tickets, and financial boundaries

  • A listener's 25-year-old son wants Christmas travel and a fee change while being financially irresponsible — how should the parents respond?

A host reads a Dear LFTP letter: a retired couple's 25-year-old son Jay wants to come home for Christmas, then asked to leave two days early — a $150 change fee on top of the $215 ticket they already bought. He earns six figures yet is late on the parent loan the mother co-signed after he blew a $60,000 settlement. The hosts' advice: yes, they are being taken advantage of; stop flying the kids around and fly to see them instead; have him pay the $150 change fee as a line in the sand; give him a chance to respond reasonably, and if not, recognize what they are dealing with and stop funding it. A host invokes Ben's oft-repeated saying that people cannot steal from you what you give them. The 'secular answer' suggests telling the son to grow up, pay on time, or face estate-plan consequences.

More on Boundaries

Now playing
0:00 0:00