Grandpa and Granny Might Be Making Money Mistakes

From being too generous to being plain stingy, the experts identify a half-dozen pitfalls.

One of our favorite sources for expert advice comes from the pages of Grandparents.com.

This article by Richard Eisenberg provides a half-dozen expert money tips that would be good for grandpa to be aware of.

“Don’t let generosity to your grandkids cause money problems for you . . .”

1. It starts with enabling your kids.
2. Demystifying your final wishes.
3. Are you putting your grandkids ahead of your retirement?
4. Being a little too stingy with your grandkids.
5. Being secretive and not talking about your kids’ money.
6. Lending money.

What would you add to the list? Please scroll to the bottom of this page and let us know.