The Epidemic - Parents taking care of grown kids
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We all have a family culture where parents take care of their children until they grow up, sometimes allowing them to neglect their responsibilities because they are with us.
In this episode, Melisa Horn and Alden Rowe from Heritage Financial Strategies discussed an article that reveals 45% of adult children receive financial support from their parents, even after graduating college. The support includes groceries, rent, tuition fees, and more. The conversation touches on the impact of economic crises on millennials' financial situations and the importance of having a clear vision for one's future to build momentum toward financial independence. They also explore how parenting styles may contribute to this trend and mention the prevalence of anxiety among millennials.
Seek advice from financial experts like Melisa Horn and Alden Rowe to navigate economic challenges and build a solid foundation for your financial well-being.
About the Guest
Melisa Horn
- Melisa Horn is a highly experienced professional with over 30 years of experience working in banks and credit unions. As Financial Coach with Mindful Money Financial Coaching, Melisa helps clients with budgeting and financial education and is passionate about helping people achieve their financial goals through intelligent planning and guidance. As Brand Ambassador for Heritage Financial Strategies, Melisa is excited to help Heritage Financial Strategies reach and resonate with those that are seeking help making the most of their money. With a strong focus on customer service, Melisa always goes above and beyond to ensure that everyone receives the highest quality care and support.
Melisa has a Bachelor of Science Degree in Marketing from Arkansas State University; she is authentic with clients and team members and highly energetic, caring, and smart. With her vast knowledge of the banking and finance industry, Melisa is always up to date on the latest trends and strategies in financial services. Throughout her career, Melisa has received numerous awards for excellence. She is known for her ability to forge strong relationships with clients by building trust and rapport. And she is dedicated to helping others achieve their best financial future - whether by completing a personal or professional goal or simply navigating life transitions.
Alden Rowe
- Alden Rowe is a financial planner with Heritage Financial Strategies whose goal is to help you achieve financial peace. He believes this can be accomplished through comprehensive financial planning and careful investing. Alden understands the role of a financial advisor is to coach and educate just as much as it is to build a plan. He is passionate about demystifying the world of investing and helping people engage with their finances on a deeper level. He earned a Bachelor’s and Master’s of Business Administration degree from MIU, in addition to holding financial industry licenses FINRA Series 7, 66, 24, and 3. Alden worked for Heritage’s broker-dealer Cambridge Investment Research for three years before joining the Heritage team in 2020.
Connect with the Guest:
● Website | heritagefinancialaz.com
● Linked In | www.linkedin.com/in/alden-rowe (Alden Rowe)
www.linkedin.com/in/melisa-horn (Melisa Horn)
Resources mentioned:
Failure to Launch: Why Your Twenty-Something Hasn't Grown Up...and What to Do About It