When should parents stop financially supporting their adult children?

1 min read
Source: CNN
When should parents stop financially supporting their adult children?
Photo: CNN
TL;DR Summary

A new survey from Bankrate found that Gen Z adults (between the ages of 18 and 26) think parents should slow their roll on when to stop paying for them. Parents invest so much of themselves, emotionally and financially, in raising their children — but the time comes when a parent has to stop subsidizing their adult children’s everyday expenses. Nearly 7 in 10 parents with children 18 or older said they have made a financial sacrifice to help their grown-up kids, according to the survey. Low-income parents were most likely to say they have made financial sacrifices to help their adult children.

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