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Get more of your retirement questions answered here: https://birchwoodcapital.com Giving money to your kids sounds generous—but it can sometimes do more harm than good. In this video, we share practical ways parents and grandparents can financially help their children without hurting their motivation, confidence, or independence. We cover smart strategies like helping with a first home down payment, education, weddings, and family vacations, plus the key rules and parameters that make these gifts beneficial instead of enabling. We also discuss common mistakes—like funding businesses with no boundaries or giving money that removes the incentive to work. If you’re a parent or grandparent who wants to support your kids financially while still raising capable, independent adults, this conversation will give you practical ideas and principles to follow. ___ This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Viewing this content does not create an advisory relationship. We do not provide tax preparation or legal services. Always consult an investment, tax, or legal professional regarding your specific situation. The strategies, case studies, and examples discussed may not be suitable for everyone. They are hypothetical and for illustrative and educational purposes only. They do not reflect actual client results and are not guarantees of future performance. Performance data shown represents past performance. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. All investments involve risk, including the potential loss of principal. Additional Disclosures → https://birchwoodcapital.com/disclosu...