Sunday, July 12, 2026

I guess they never heard that Billy Joel song...

 The data comes from the Fed’s Report on the Economic Well-Being of U.S. Households, which found that 49% of adults ages 18 to 29 live with their parents, and another 47% of adults in that same age group received help from someone outside their household to pay an expense - money toward a cell phone bill, general living expenses, or housing costs.  There’s a lot of adult children getting financial support from their parents.
The financial-support trend isn’t confined to the youngest adults. There is a separate figure in the same survey: 26% of adults ages 30 to 44 also reported receiving financial help from outside their household.







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I guess they never heard that Billy Joel song...

 The data comes from the Fed’s Report on the Economic Well-Being of U.S. Households, which found that 49% of adults ages 18 to 29 live with ...