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ROG62
Yesterday 12:06 pm
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Fuelman » 51 minutes ago » wrote: Wonder if housing is figured into this amount Boomers give to their kids?

Boomer parents who provide financial assistance to their grown children give an average of $1,474 per month.While exactly half of all parents with adult children provide regular financial help, the amount changes drastically depending on the age group of the kids.

Monthly Support by GenerationGen Z adult children (ages 18–28): Parents give an average of $1,813 monthly.

Millennial adult children: Parents give an average of $863 monthly.

My Millennial Step- Daughter has managed on her own, guess we did something right.
This **** slays me…what an effing disconnect…I would find it surprising if housing isn’t figured into it…if it isn’t, these people need their heads examined…guaranteed those freeloaders couldn’t give a rat’s *** in being concerned if ma and dad can afford it or if they’re compromising their own retirement…

my kids knew from the first monies they received as gifts that if they wanted something, we made them participate in the purchase, cluing them in on how the world worked. I bought them their first car, but they worked, pd their gas and insurance and played sports. If their grades suffered, sports went…they’re both making more than we ever dreamed of…

my 6 yr older brother recently told me of the conversation he had with the old man after HS graduation. The old man asked him if he was going to college in the fall. My brother told him he thought he’d take a year off. The old man told him to grab his **** as he was moving out…my brother went to college the next fall… :ninja:  
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