“Parents pay at least one monthly bill for 40 percent of millennials”
February 2, 2023
“In a new survey, two-fifths of millennials say their parents still pick up one or more of their monthly bills.
And the most common parental subsidy is the largest: housing. Twenty-four percent of millennials say Mom or Dad pay their rent, and 17 percent say parents cover a mortgage.
Smaller shares of the 26-to-41 demographic reported parental help with groceries (22 percent), utility bills (19 percent), auto insurance (18 percent), car payments (16 percent) or streaming services (12 percent)…”