Nearly half of Gen Zers get help from the bank of mom and dad, report finds
Economy And Jobs,Banking And Finance,Generation Z,Inflation,Student Loan Debt,Housing Market
From the Left
AllSides Media Bias Rating: Lean Left
To keep up with the high cost of living, many young adults turn to a likely safety net: their parents.
Nearly half (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.
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
Related Coverage
AllSides Picks
Headline Roundup
Report: Median Household Income Reached Record High in 2025
September 15th, 2026
The Insight
The Insight: How Much Are Trade Battles Costing You?
AllSides Staff
September 11th, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
September 2nd, 2026
Red Blue Translator