Gen Zers are relying on the Bank of Mom and Dad way past college



Gen Zers are relying on the Bank of Mom and Dad way past college

https://www.businessinsider.com/gen-z-living-at-home-relying-on-parents-safety-net-2024-7

by FUSeekMe69

5 comments
  1. Are you employed sir?

    Employed?

    You don’t go out looking for a job dressed like that? On a weekday?

  2. Living home for a few years is one of the best things a GenZ graduate can do. If you have parents that are willing to take you as you start off your career, why pay a third party landlord rent when you can reallocate those funds to a financial nest egg, allowing student loan debt pay down, emergency fund generation, and potential future home down payment.

    The way I see it, if an individual is employed and attempting to make a life for himself/herself, it’s financially prudent to live at home.

  3. Before 2020 parents cut off their children from any help after age 21. It’s been that way everywhere, always. What is heppening now?

  4. I’m 22 in a few days and live at home, but I was head of household last year. I think it’s interesting that this dynamic wasn’t examined.

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