Three things to watch out for when using the Bank of Mum and Dad - ABC News


8/7/2022 12:00:00 AM2 years 8 months ago
by https://www.abc.net.au/news/declan-bowring/13955438

It might seem easier than going to the bank, but lending money to your kids can tear families apart if done carelessly.

No queues, no paperwork, no PINs to remember, very few customers to deal with it's the family-owned bank of your dreams and it has a name: the Bank of Mum and Dad.  It was reported last year that 60… [+5214 chars]

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