The costly mistake parents make when helping with the Bank of Mum and Dad

PremiumOpinionOpinion byHannah McQueenNZ Herald·4 Aug, 2026 08:00 PM7 mins to readGiving from the Bank of Mum and Dad? Avoid these common and costly mistakes. Photo / Getty ImagesGiving from the Bank of Mum and Dad? Avoid these common and costly mistakes. Photo / Getty ImagesThe Bank of Mum and Dad needs boundaries.There is something deeply satisfying about helping your children while you are still around to see the difference it makes.

A contribution towards a first home. Payments towards a home upgrade or financial help to move to a nicer neighbourhood. Covering