Are Parents Failing Their Adult Kids By Helping Them Out Financially?
The Bert Show
The Bert Show
4.1 • 4.4K Ratings
🗓️ 26 March 2025
⏱️ 9 minutes
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Transcript
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| 0:00.0 | This is The Bird Show. |
| 0:02.3 | I am really struggling with a statistic that I read this morning because I'm kind of old school here and I hear my dad in my head also. |
| 0:11.4 | And I'm trying to reframe reality now for the younger generation that is depending on their parents more now after they graduate. |
| 0:22.6 | So here's the stat. |
| 0:23.9 | 50% of parents now with adult kids now provide financial support. |
| 0:29.0 | This is a big old report that came out this morning. |
| 0:32.6 | Parents are shelling out about an average of almost $1,500 monthly. |
| 0:37.8 | A month. |
| 0:38.5 | A month to assist young adults with their expensive stuff like health care and rent and |
| 0:43.8 | education. |
| 0:45.2 | And it's reflected in the financial challenges that are being faced by Gen Z and millennials now. |
| 0:51.5 | I'm so stuck in my head about this that I've maintained my whole life, |
| 0:56.3 | sort of my dad's, |
| 0:57.5 | well, there was never an option for me to go back home. |
| 1:00.5 | I was sort of kicked out of my house, |
| 1:02.5 | but they were paying my rent. |
| 1:04.0 | I mean, was I really kicked out? |
| 1:05.2 | They kicked me out of the house, |
| 1:06.1 | but they said they were going to be paying |
| 1:07.1 | for my rent at school, |
| 1:09.4 | and at first I was so offended, they were kicking me out. |
| 1:11.9 | And then I thought about it. I'm like, this is awesome. I don't have to be at home with my dad and my |
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