{"id":143594,"date":"2026-08-21T05:00:26","date_gmt":"2026-08-21T09:00:26","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594"},"modified":"2026-08-21T05:00:26","modified_gmt":"2026-08-21T09:00:26","slug":"3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594","title":{"rendered":"3 big questions to ask Mom and Dad before you make a major financial commitment"},"content":{"rendered":"
\n

At 35 years old, you might have a mortgage, two kids, a six-figure salary and an MBA degree hanging on the wall. And you still might want to call your parents before making a major financial decision.<\/p>\n

That isn’t a walk of shame. It might actually be financially savvy.<\/p>\n

Somewhere along the way, we decided that becoming an adult meant we were supposed to have all the answers about money. By 35, you’re supposed to understand investing, mortgages, taxes, insurance, retirement, college savings and how much house you can afford.<\/p>\n

THE RICH HAVE ONE FINANCIAL HABIT MOST AMERICANS IGNORE AT THEIR PERIL<\/strong><\/a><\/p>\n

Really?<\/p>\n

You can have an MBA and still make terrible money decisions. I see people do this every day. I’ve met incredibly successful executives who couldn’t explain their 401(k). Entrepreneurs who built multimillion-dollar businesses but carried ridiculous credit card debt. Highly educated professionals who bought way too much house because the bank told them they could “afford” it.<\/p>\n

COLLEGE GRADS EXPECT TO EARN $80,000 A YEAR, BUT THE MATH ISN\u2019T MATHING<\/strong><\/a><\/p>\n

Education gives you knowledge. Experience gives you scar tissue. And your parents may have 30 or 40 years of financial scar tissue you haven’t earned yet.<\/p>\n

They’ve lived through recessions. Stock market crashes. Housing booms and busts. Layoffs. Inflation. Raising kids. Unexpected medical bills<\/a>. Bad investments. Good investments. Maybe even a financial decision or two they wish they could take back.<\/p>\n

THE GREAT WEALTH LIE: MILLENNIALS ARE RICHER THAN YOU OR THEY THINK<\/strong><\/a><\/p>\n

You can’t download that from ChatGPT or learn all of it in business school. So why wouldn’t you ask?<\/p>\n

The mistake is confusing asking your parents for financial advice with asking your parents for financial support. Those are two completely different conversations.<\/p>\n

The Wall Street Journal has explored how the Bank of Mom and Dad increasingly stays open well into adulthood, with parents helping grown children with everything from housing to everyday expenses.<\/p>\n

That’s where the line can get blurry. If you’re 35 and asking Dad whether putting 20% down on a house<\/a> makes sense, that’s advice. If you’re asking Dad to provide the 20% because you spent your down payment on a $90,000 Range Rover, that’s a different problem.<\/p>\n

THE AMERICAN DREAM NOW COMES WITH A ZIP CODE: HERE’S WHERE STARTER HOMES ARE STILL WITHIN REACH<\/strong><\/a><\/p>\n

Ask for wisdom before you ask for a wire transfer.<\/p>\n

There’s another reason your parents may be worth calling. They probably know you better emotionally than your financial advisor does. Your father may know you tend to chase the next shiny investment. Your mother may remember that every time you’ve stretched your budget, you’ve regretted it.<\/p>\n

YOUR FAMILY COULD BE ONE PHONE CALL FROM A BANK SCAM<\/strong><\/a><\/p>\n

Sometimes the best financial advice isn’t, “Can I afford this?” It’s your mother saying, “Ted (or she would probably say Theodore Michael), you know yourself. You’re going to hate that payment six months from now.”<\/p>\n

That’s not financial planning. That’s financial self-awareness.<\/p>\n

SKIP TWO YEARS OF COLLEGE DEBT AND GIVE YOUR FAMILY A LIFETIME OF WEALTH<\/strong><\/a><\/p>\n

Of course, your parents shouldn’t automatically get the final vote.<\/p>\n

The financial world has changed. Their 12% mortgage from 1985 existed alongside dramatically different home prices. Pensions have largely given way to 401(k)s. Today’s tax rules, investment choices and retirement strategies are different.<\/p>\n

AMERICA\u2019S RETIREMENT SYSTEM IS BROKEN. TRUMP MAY HAVE FOUND A BOLD FIX<\/strong><\/a><\/p>\n

Your parents’ experience is valuable. It isn’t infallible.<\/p>\n

That’s why, at 35, I would ask Mom and Dad three questions before making a major money decision:<\/p>\n

Then make your own decision. Because financial independence shouldn’t mean pretending you know everything.<\/p>\n

CLICK HERE FOR MORE FOX NEWS OPINION<\/strong><\/a><\/p>\n

Being 35 means you don’t need your parents’ permission anymore. But being smart enough to still ask for their wisdom?<\/p>\n

That’s called growing up.<\/p>\n

CLICK HERE TO READ MORE FROM TED JENKIN<\/u><\/strong><\/a><\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/opinion\/3-big-questions-ask-mom-dad-before-major-financial-commitment <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

At 35 years old, you might have a mortgage, two kids, a six-figure salary and an MBA degree hanging on the wall. And you still […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-143594","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\n3 big questions to ask Mom and Dad before you make a major financial commitment - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 big questions to ask Mom and Dad before you make a major financial commitment - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"At 35 years old, you might have a mortgage, two kids, a six-figure salary and an MBA degree hanging on the wall. And you still […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-21T09:00:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2021\/06\/businessman-showing-business-evolution1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"715\" \/>\n\t<meta property=\"og:image:height\" content=\"423\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36\"},\"headline\":\"3 big questions to ask Mom and Dad before you make a major financial commitment\",\"datePublished\":\"2026-08-21T09:00:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594\"},\"wordCount\":652,\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"articleSection\":[\"Market News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594\",\"name\":\"3 big questions to ask Mom and Dad before you make a major financial commitment - Wall Street PR\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#website\"},\"datePublished\":\"2026-08-21T09:00:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"3 big questions to ask Mom and Dad before you make a major financial commitment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#website\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\",\"name\":\"Wall Street PR\",\"description\":\"Latest News From WallStreet\",\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cablemanpro.com\/wallstreetpr\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\",\"name\":\"Wall Street PR\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png\",\"contentUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png\",\"width\":537,\"height\":70,\"caption\":\"Wall Street PR\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/WallStreetPR\/\",\"https:\/\/x.com\/WallstreetPRs\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg\",\"contentUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg\",\"caption\":\"admin\"},\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/author\/admin\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"3 big questions to ask Mom and Dad before you make a major financial commitment - Wall Street PR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594","og_locale":"en_US","og_type":"article","og_title":"3 big questions to ask Mom and Dad before you make a major financial commitment - Wall Street PR","og_description":"At 35 years old, you might have a mortgage, two kids, a six-figure salary and an MBA degree hanging on the wall. And you still […]","og_url":"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594","og_site_name":"Wall Street PR","article_publisher":"https:\/\/www.facebook.com\/WallStreetPR\/","article_published_time":"2026-08-21T09:00:26+00:00","og_image":[{"width":715,"height":423,"url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2021\/06\/businessman-showing-business-evolution1.jpg","type":"image\/jpeg"}],"author":"admin","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594#article","isPartOf":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594"},"author":{"name":"admin","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36"},"headline":"3 big questions to ask Mom and Dad before you make a major financial commitment","datePublished":"2026-08-21T09:00:26+00:00","mainEntityOfPage":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594"},"wordCount":652,"publisher":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization"},"articleSection":["Market News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594","url":"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594","name":"3 big questions to ask Mom and Dad before you make a major financial commitment - Wall Street PR","isPartOf":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#website"},"datePublished":"2026-08-21T09:00:26+00:00","breadcrumb":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment-143594#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cablemanpro.com\/wallstreetpr\/"},{"@type":"ListItem","position":2,"name":"3 big questions to ask Mom and Dad before you make a major financial commitment"}]},{"@type":"WebSite","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#website","url":"https:\/\/cablemanpro.com\/wallstreetpr\/","name":"Wall Street PR","description":"Latest News From WallStreet","publisher":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cablemanpro.com\/wallstreetpr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization","name":"Wall Street PR","url":"https:\/\/cablemanpro.com\/wallstreetpr\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/","url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png","contentUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png","width":537,"height":70,"caption":"Wall Street PR"},"image":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/WallStreetPR\/","https:\/\/x.com\/WallstreetPRs"]},{"@type":"Person","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg","url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg","contentUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg","caption":"admin"},"url":"https:\/\/cablemanpro.com\/wallstreetpr\/author\/admin"}]}},"_links":{"self":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts\/143594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/comments?post=143594"}],"version-history":[{"count":0,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts\/143594\/revisions"}],"wp:attachment":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/media?parent=143594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/categories?post=143594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/tags?post=143594"},{"taxonomy":"stock_ticker","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/stock_ticker?post=143594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}