No other generation has accrued the wealth of the Baby Boomers, but how will their children face the challenges of buying a home, and investing and saving money? How can parents help their children financially and still protect themselves and their assets? Derrick Penner's Bank of Mom and Dad (Self-Counsel, 2015) offers clear advice to parents who are looking to assist their children financially without sacrificing their own security. Subtitled, Money, Parents and Grown Children, the guide discusses legal, financial and emotional pitfalls awaiting the uninformed and unprepared parental investor and supporter.

Penner is a senior business reporter with The Vancouver Sun where he writes about personal finance, banking and wealth management.


Bank of Mom and Dad: Money, Parents and Grown Children (Self-Counsel Press, 2015) $14.95 9781770402133

[BCBW 2015]