June 29, 2009
As the economy struggles, many Americans are suffering financially and find themselves without extra cash in hand. Dr. Phil's guests say their money is maxed out, and they're tired of supporting their adult children too.
Ungrateful and Selfish?
Ardy and Brian say their household expenses have pushed the limits ever since Ardy's 25-year-old son, Jason, moved in. Ardy says he's lazy, unmotivated and acts like a 10-year-old. Brian says he's fed up with Jason's selfish ways, and he wants to evict the young man. Jason says the blame lies with his parents because he was the experimental child.
Maurice and Sharon say they want the best for their 24-year-old daughter, Samantha, and 21-year-old son, Jonathan, but providing for them has put them in the red to the tune of $100,000. Sharon says she'll be paying off the debt until she's 84!
Dr. Phil sends Samantha and Jonathan back to school to learn elementary money lessons. And, Susan Beacham, who specializes in teaching kids about cash, shares her top money lessons to teach your children ... starting when they're kids.