3562: To Fund or Not to Fund Your Young Adult by Dr. Jack Stoltzfus of Parents Letting Go on Smart Financial Support

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 17 May 2026

⏱️ 12 minutes

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3562: Dr. Jack Stoltzfus explores the difficult balance between supporting young adults financially and encouraging long-term independence. He offers practical guidance on when financial help can strengthen self-sufficiency, when it can create dependency, and how parents can provide support without undermining responsibility or healthy boundaries. Read along with the original article(s) here: https://parentslettinggo.com/to-fund-or-not-to-fund-your-young-adult/ Quotes to ponder: "It’s okay to say “no.”" "Just because you can fund doesn’t mean you should." "Most parents have had to struggle at times to make ends meet, and as a result, they are stronger and more confident about their ability to face financial crises." Episode references: Pew Research Center: https://www.pewresearch.org/social-trends/2020/09/04/a-majority-of-young-adults-in-the-u-s-live-with-their-parents-for-the-first-time-since-the-great-depression/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:32.1	sunday bonus episode where i share an article with you from a different podcast in our network
0:36.5	today's episode's coming from optimal relationships daily.
0:40.9	So with that, here's Greg with the posting commentary as we optimize your life.
0:49.4	To fund or not to fund your young adult by Dr. Jack Stoltzvus of Parents Letting Go.com
0:55.9	One of the most significant challenges parents face is when to step in financially to help their adult
1:02.8	children. The fundamental question is whether such help would lead to greater independence,
1:08.1	self-sufficiency, or dependence on parents. More factors contribute to the need
1:13.2	for financial assistance today than 20 or 30 years ago. These include the cost of post-secondary
1:18.9	education and the burden of school loans. The average federal loan debt has more than doubled since
1:24.8	2007, from $18,233 in 2007 to $37,575 at the end of 2022.
1:35.9	Beyond this, the cost of housing, whether apartment living or ownership, has become prohibitive
1:41.7	for young adults. According to the U.S. Census Bureau, renters spend 30%
1:47.3	of their income on housing, including 23% who spent 50% in this way. Combine these costs with the
1:54.8	increase in inflation, and the challenge for young people is daunting. Given these challenges,
2:00.4	there is no surprise that 52% of
2:02.8	young adults from 18 to 29 were living with one or both parents in 2020, according to a
2:08.6	PEW study. Parents, ask yourselves three questions. Why, when, and how should I financially
2:16.8	step in to help my young adult?
2:19.2	Why to step in?
2:21.1	The answer to this question relates to both the parent's capacity to step in and the needs of the young adult.
	...

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