Trust Me
Helping Our Young Adults Financially
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I love this wonderfully practical, useful, down-to-earth, funny, thoughtful, warm, subversive book. Subversive because those who follow the two Kayes' advice will be better mentors, but also more financially responsible themselves. Every parent or relative worried about subsidizing an adult child needs this book. Joline Godfrey, author, Raising Financially Fit Kids.
An amazing, transformational book conveying important challenges while providing hope in the form of tangible, easy to understand strategies that will encourage young adults to explore and discover what works for them. -- David Giwerc, Past President, Adult ADD Association.
Ken Kaye speaks hard truths about tough subjects in a delightful and palatable way. His rock solid advice about when and how parents should bail their kinds out of financial trouble can only come from an expert who has actually been there -- with his son and co-author!
Linda Lee, Executive Editor, FirstWivesWorld.com
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About the Book
-Your daughter, maxed out on credit cards, asks you to co-sign a lease.
-Your son can’t afford rent and needs to move back home.
-Your ex-daughter-in-law is laid off, losing your grandchildren’s health insurance.
-Your nephew agrees to enter an expensive addiction treatment program.
-Your older son, recently diagnosed with Adult Attention Deficit Disorder, is months behind on his mortgage payments.
Millions of parents face these dilemmas, years after they thought their children would be independent. As you extend financial assistance, how can you help a young adult become prudent and accountable?
In Trust Me, family psychologist Kenneth Kaye and his son, Nick, use the experience of Nick’s struggle with what he calls “Attention Money Disorder” to combine a no-nonsense strategy, practical advice, business wisdom, and dozens of examples. They show you step by step how to negotiate a “Deal” with your young adult, rebuilding mutual trust and nurturing the skills and habits of a self-supporting grown-up.
“I love this wonderfully practical, down-to-earth, funny, thoughtful, warm, subversive book. Subversive because those who follow the two Kayes’ advice will be better mentors, but also more financially responsible themselves. Every parent or relative who’s worried about subsidizing an adult child needs this book.”
–Joline Godfrey, Author, Raising Financially Fit Kids
About the Author
Kenneth Kaye, a family psychologist in Evanston, Illinois, works with family-owned firms to resolve conflicts and prepare the next generation of owners. With Nick Kaye, the second of his four adult children, he created www.EarnTrust.Net, providing interactive tools for young adults and the parents or coaches who support their growth to financial responsibility. Photography by Dan Coha.