About 6 in 10 parents say they've helped their young adult children financially within the past year... the most common forms of assistance? Household expenses, cell phone bills and subscriptions to streaming services.
To help children become financially independent as adults, it’s important to help them with the mindset of making small sacrifices for something they want.
Rose Niang says it's also helpful to talk about money steps you've taken for yourself... These are conversations that can be sprinkled in anytime, and it will help them later.
One of the real questions is, How much is too much? The answer... depends on how much parents can afford to help, as well as each family's parenting values.
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