Bank of Mum and Dad

If you’ve guaranteed your child’s loan, you could be in big trouble

David Koch - February 17, 2023 3 MIN READ

Going guarantor on your child’s loan is a family minefield for so many reasons. I generally don’t recommend it, but if you have to do it, be cautious. Australian parents are incredibly generous when it comes to supporting their adult children. I agree, we should be supporting them EXCEPT if it puts our finances, our… Read more »

Your Money

How the Bank of Mum and Dad can optimise operations

David Koch - March 4, 2022 3 MIN READ

A growing number of kids are relying on the Bank of Mum and Dad to get a foot in the door. Here’s how to protect that foot from getting hammered. The Generational war between parents and their adult children over money has never been more intense or sensitive. The clash is over parents wanting to… Read more »

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Bank of Mum and Dad

If you’ve guaranteed your child’s loan, you could be in big trouble

How the Bank of Mum and Dad can optimise operations

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