Parent Trap: Nearly Half of Adult Gen Zers Getting Financial Help from Mom & Dad, According to BofA Study

Better Money Habits® Survey Indicates Younger Americans are Delaying Milestones and Implementing Lifestyle Changes to Adapt to Today's Economic RealitiesCHARLOTTE, N.C., July 10, 2024 /PRNewswire/ -- Today, 46% of Gen Zers (ages 18-27) rely on financial assistance from parents and family, according to new research from Bank of America America's Better Money Habits® financial education team. In addition, 52% of those surveyed said they don't make enough money to live the life they want and cite the cost of l ...