📩 Mailbag: Parents, Stop Raising Financially Irresponsible Adults!

📩 Mailbag: Parents, Stop Raising Financially Irresponsible Adults!

I saw in the YWN Live Blog that a man whose daughter was getting married tonight was spotted wearing a sweatshirt that, instead of saying “Father of the Bride,” read “American Express of the Bride – Expires 3/31/25.” Cute? Sure. Funny? Absolutely. But behind the humor lies a serious problem that’s spiraling out of control. Parents, hear me out—because what starts as a joke is turning into a financial disaster for an entire generation. Let’s talk…

Over 50% of Parents Supporting Adult Children, Two-Thirds Plan to Cut Them off in Next 3-4 Years

(Zero Hedge)—More than 50% of parents with a child older than 18 are providing them with at least some financial support, according to a recent report by savings.com. Key findings from the report: Half of parents with adult children provide regular financial assistance to their grown offspring. The average support per adult child is $1,474 monthly, about 6% higher than last year. 83% of supporting parents contribute to their adult kids’ monthly…

Over 50% Of Parents Supporting Adult Children, Two-Thirds Plan To Cut Them Off In Next 3-4 Years

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Children would have to pay their absent parents good money: law allows japardo Lun, 31/03/2025 - 07:04 Japanese author The reciprocal maintenance obligation between parents and children in Colombia, established in the Civil Code and Law 1098 of 2006, allows parents to sue their adult children for support if they demonstrate economic need and ability to pay the child. In Colombia, the maintenance obligation applies not only from parents to childr…

Half of Parents Paying Adult Children Nearly $1,500 a Month

About 50% of parents are still financially supporting their Gen Z and millennial children, a new report reveals—and it’s setting them back nearly $1,500 monthly on average. But they’ll soon be forced to stand on their own feet as the banks of Mom and Dad are shutting down soon. Millennials may be pushing 40 now—but their parents are still shelling out to help them stay afloat. About 50% of parents financially support at least one of their adult …

Over 50% Of Parents Supporting Adult Children, Two-Thirds Plan To Cut Them Off In Next 3-4 Years - Nemos News Network

More than 50% of parents with a child older than 18 are providing them with at least some financial support, according to a recent report by savings.com. Francis Buxton, Pee Wee’s Big Adventure Key findings from the report: Half of parents with adult children provide regular financial assistance to their grown offspring. The average support per adult child is $1,474 monthly, about 6% higher than last year. 83% of supporting parents contribute …