LINK: 50% of parents financially support adult children, report finds. Here's how much it costs them
Original Study: Percentage of parents financially supporting adult children reaches a three-year high
Step One:
Empower a Fed that encourages people to spend, spend, spend, (not save, save save)
Step Two:
When the younger generation complains “all that spending has driven up prices faster than wages” mock them. Tell them how hard it was in the 80s.
Step Three:
Shell-out an average of $1,474 helping them even after they are adults.
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Wouldn’t it be better if we just eliminated all three steps?
At the bottom it mentions 1 out of 3 young adults still live at home. They might not be charity cases, yet can be seen, or counted as such.
from '87 to '90 I can remember rents being around $850 a month for what I liked. That’s two NET paychecks. Just for the roof. Then I’d be living alone instead of with my rather large family.
I found the last paragraph in the first article to be sad. But they’re comparing Gen Zers to Millennials. Compare them to Gen X and that’s no advantage.
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