Have you ever found yourself in a position to have the means to help our your parents and you loan them money? More importantly, did you and your mom and dad discuss if this is a loan or a good natured, give them money and don't expect it paid back?
The real dilemma is how the money was loaned, the circumstances surrounding it and if it was made clear what happens to the money.
Plenty of kids have the means to loan money, finding themselves with extra cash in a savings account for instance and wanting to be the good son or the stand up daughter and help out their parents, the people who put you up for the first 18 or so years of your life.
That mindset is admirable, but if you're about to loan money to your mom and dad for bills, medical expenses or if they're short on cash, you need to set a clear expectation for that you want in return, if anything.
This may, in fact, be a good natured gesture of simply handing over money and wanting nothing in return. Often times, parents might feel sheepish about borrowing from their kids and you get a "I'll pay you back" in return. Those words can be rather hollow as a son or daughter, particularly if you know your parents don't have the money and you don't expect they will any time soon.
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