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✉news BusinessPersonal Finance first seen 6 h ago, last 50 min ago, peak #13

Suze Orman Warns Parents on Funding Adult Children's Startups

Original: Suze Orman Says Parents Should Think Twice Before Giving Their Adult Kids Money To Start A Business. Be Prepared To Lose Every Penny

Personal finance personality Suze Orman is cautioning parents against handing money to adult children to start a business, saying they should be prepared to lose every penny. Her advice is that any amount given should be treated as a gift, not a loan, since most new ventures fail and lending can strain family relationships. Her comments have circulated widely in personal finance discussions.

Why now: Orman's blunt warning about a common family financial dilemma is drawing attention from people weighing whether to help their adult children financially.

Suze Orman

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