MORE FOR YOUR
Money
Should you give Mom
a loan? How to help
a family member
in a financial bind
B Y L YNN BRENNER
PHOTOGRAPH B Y MARK LUND
When a
Relative
Needs
a Hand
Family Affairs
Your adult child may soon be
asking you for some financial
help. Your grandchild might,
too. And your mom or your
dad. In today’s harsh economy,
nearly half of American adults
have given money to a family
member to pay bills in the past
year, according to a MetLife
survey. Sometimes the gift is
even a room in your home: A
Pew Research Center poll in
May found that 24 percent
ENTER FOR A
CHANCE TO WIN
Share money-saving ideas and try your hand at prizes,
including gift cards. Go to aarp.org/savingschallenge.
