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A 2017 study found that children who move back in with their parents have notably higher depressive symptoms, and a 2022 report showed that such living situations could cause familial tension.
Namely, the survey found that 46% of Gen Zers depend on their parents and family for financial help.
Gen Z and millennial consumers are helping keep the US economy strong, Meredith Whitney wrote in the Financial Times. Many in this group still live with parents, helping ease costs faced by other ...
Gen Z adults in the U.S. face increasing financial challenges because of inflation and rising living costs, with 46% relying on financial assistance from their parents and families, according to a ...
Generation Z (often shortened to Gen Z), also known as Zoomers, [1] [2] [3] is the demographic cohort succeeding Millennials and preceding Generation Alpha.Researchers and popular media use the mid-to-late 1990s as starting birth years and the early 2010s as ending birth years, with the generation most frequently being defined as people born from 1997 to 2012.
A new report from the Bank of America’s Better Money Habits financial education team found that 46% of Gen Zers between the ages of 18 and 27 rely on financial assistance from their parents and ...
Among the 14% of adults in the U.S. who share a home with their parents, 33% of those aged 22 to 24 and 42% of those aged 25 to 29 help their parents with money. The oldest among Gen Z are ...
Story at a glance The rising cost of housing is keeping many Gen Zers from living on their own. A recent Credit Karma survey of 1,249 U.S. adults found that 31 percent of Gen Z live at home with a ...