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Mother helping her adult daughter review her finances at kitchen table.

How to Give Your Newly-Adult Child True Independence

It’s hard to let go of the hands-on parenting role, but there comes a point in your child’s life when that’s exactly what you need to do to allow them to become a productive member of society. A critical part of letting go is handing your child’s personal finances over to them when they reach a certain age.

Most U.S. states consider a person an adult at age 18, but it’s up to you to decide if that’s when your child is ready to begin this important financial transition or whether it’s after they graduate from college or find stable employment. When the time is right, here are five key financial areas where you can grant your newly adult child their much-needed financial independence.

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    CUNA 2021 diamond award trophy icon

    CUNA 2021 Diamond Award Winner

    Content Marketing

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