Should parents give cash to adult kids?

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In the best-selling book The Millionaire Next Door, the authors studied the impact of gifts of cash to children in their 30s and 40s. The essence of their research was that for most children, gifts of cash are typically spent...and those who received cash gifts actually had less in savings by retirement age than those who received no gifts. (Source: Crescendo Interactive) What do you think - should parents give cash to adult kids?
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Hi Mike, I think you need to aproach this on a case by case basis. I think we to let the parents judgement be the governing factor. I do agree It can be waste of money unless the recieptant is mature.

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