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Nearly half of Gen Zers get help from the bank of mom and dad, report finds
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6,906 Views • Aug 1, 2024 • Click to toggle off description
To keep up with the high cost of living, many young adults turn to a likely safety net: their parents.

Nearly half, or 46%, of Gen Zers between the ages of 18 and 27 rely on financial assistance from their family, according to a new report from Bank of America. More here: cnb.cx/3LfiD05
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Views : 6,906
Genre: News & Politics
License: Standard YouTube License
Uploaded At Aug 1, 2024 ^^


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Rating : 5 (0/162 LTDR)

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RYD date created : 2024-08-04T18:41:51.69084Z
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23 Comments

Top Comments of this video!! :3

@elenarewd9299

3 months ago

I’m a millennial parent. My kids are Gen Alpha. My husband and I make a really good income so we intend to buy a larger than normal house to allow our kids to stay home as long as possible to get on their feet. We also are going to ensure they graduate from college debt free since things are only getting harder and more expensive. The next generations are going to need the support of their parents for a longer time to get on their feet.

29 |

@mocheen4837

3 months ago

This is why we saved so our kids could graduate from college debt free and with savings. They need all the help that they can get.

6 |

@carleytimmerman6451

3 months ago

Guess I’m the half of Gen Z who isn’t. I’m completely on my own with all bills and most of my college loans (except the subsidized parent loan that was a REQUIREMENT to fill out)

5 |

@porthospatel1683

3 months ago

Lower all the prices ans taxes. Increases all the wages. There's your solution

1 |

@jkc7134

3 months ago

Nawww nowadays we count non essential items as essential. We charge garbage on out credit cards left and right. Inflation is definitely happening, however lets acknowledge our own cause and effects.

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@sidPalma

3 months ago

Again, the b in debt is silent.

27 |

@akbar657

3 months ago

What about gen w

2 |

@tigerlee9613

3 months ago

My kids will inherit my million dollars trust fund. They will do fine in life. First, I need them to struggle in life and go live on their own. When I die, I will let them know my money will save them.

3 |

@cesmith48

3 months ago

They better Vote Blue or prices will be outrageous when tariffs are leveled by Republicans.
*I think more Cooperative Education should be available in High Schools, Community Colleges and 4 year transfer schools.
*Working during high school and college will put students ahead financially.
* American needs a Grant Basic Income.

3 |

@eugVision5992

3 months ago

So American disrespect for Elders is decreasing due to American greed. Not ethics nor morality. What a feel-good family story. 😂😂

1 |

@piknick111

3 months ago

Be happy you aren’t a millennial and got hit coming out of college during the recession years.

1 |

@srichey444

3 months ago

What are you talking about? We make MORE money than our Parents, even with Inflation. Only after they graduated College did they make enough money to buy a home, etc. However, my Parents grew up in the 70's when people still had Integrity and even during Inflation, Landlords and CEO's weren't purposely Price Gouging like they do now. We live in a Souless, Debaucherous Nation and a Employer will straight up LIE to your face to get you to take a job, then change the rules when you get there. Ex: all those masses who got Tech jobs only to be Laid off once the Company no longer their Services.

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@melanie9860

3 months ago

Is this the same gen z who are constantly trying to buy things like 600 dollar bicycles from me and offering 300 because that's their budget. They all think a sob story and someone's gonna give it to them cuz mommy and daddy do and now their entitled. The bike I personally ride is with 40 bucks maybe so kick rocks and go save your money! Can't stand some people lol in all generations

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@CKxperience

3 months ago

This is due to American tariffs on China

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@hayfield11

3 months ago

Can you account for inflation and then say AND the high cost of things? Isn’t that double counting?

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@pagalhokya

3 months ago

Eating out, a $90k art degree, and brand new cars aren't essential 😂😂😂 That's what these people believe they're entitled to and consider to be essentia

3 |

@benblack28

3 months ago

Weird ahh channel

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2 months ago

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