Parents Paying Adult Children’s Bills
By Melissa Moore on January 30, 2023
There are a lot of parents out there paying some of their adult children’s bills. Are you one of them?
According to a survey done by Chartway Credit Union, here is the breakdown. What do you think?
Agree or disagree with so many parents paying for their children’s bills?
Top Three Expenses parents pay for their adult children:
- Rent (19%)
- Groceries (19%)
- Utilities (16%)
- 24% of Millennials say their parents pay their rent
- 35% of adults have at least one bill paid by their parents