Financial Support - A 2025 survey indicates that 46% of Gen Z adults receive financial assistance from parents or family for expenses like food, rent, and phone plans [1]

Core Insights - Generation Z is increasingly relying on financial assistance from their parents, with 46% of respondents in a Bank of America survey indicating they receive help for expenses such as groceries, rent, and phone plans [2][8] Financial Assistance - A third of those receiving help reported monthly aid of $1,000 or more, while 55% received up to $500 per month [3][8] Housing Affordability - Half of the respondents expressed a desire to buy a home within the next five years, but 31% indicated a wish to live alone, which may be challenging due to high housing costs [4] - More than a quarter of respondents identified housing costs as their primary barrier to financial success [4] - 54% of respondents stated they do not pay for housing [5] Financial Behavior - Despite facing high living costs, younger Americans are demonstrating discipline in their financial habits, with many adjusting their spending by dining out less and adhering to budgets [6] - Only 19% of Gen Z respondents are contributing to 401(k) plans, and less than 20% are invested in the stock market [7]

Immigration Policy Changes - The UK will restrict asylum-seekers' access to financial assistance [1] - The UK will make it more difficult for asylum-seekers to obtain permanent residency [1]