11 August 2026 - Money: Faith & Finance in very first LIVESTREAM! Details to come soon!

Key Takeaways:

• Intergenerational Support: Families are encouraged to explore the potential of intergenerational support, which doesn't solely rely on financial help but also includes time, skills, and resources.
• Open Communication: Pete emphasizes the importance of early and open conversations among family members about financial and logistical help, breaking the paradigm of having these discussions as reactive rather than proactive.
• Cultural Shifts: There is a significant cultural element to support strategies, with differences between traditional Anglo-Australian mindsets and those of other cultures that embrace family collectivism more readily.
• Housing and Living Costs: Rising living costs are affecting the ability of younger generations to live independently, prompting a need for families to revisit living arrangements and financial aid strategies.
• Financial Planning: Pete highlights the necessity of integrating potential parental or grandparental help into long-term financial planning, ensuring realistic expectations and strategic resource allocation.

Notable Quotes:

• "I think if they can, it would be great." - Pete Burrows on whether parents should help their children financially.
• "Most families will need help when they're running a family because they may not be working." - Pete Burrows discussing the importance of support during family-building years.
• "It's expensive to move out, man. They don't want to move out." - Pete's take on the challenges young adults face in achieving independent living.
• "We have a heart where, of course, you want to help your kids." - Pete articulates the natural inclination of parents to support their children.
• "Don't limit what you think your ability to give is." - Pete urging not only monetary but varied forms of giving within families.

Resources:

Jenna Price in a Nine News article - The Joys of Being a Grandparent

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