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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

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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.

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