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Economy

“Parents pay at least one monthly bill for 40 percent of millennials”

“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)…”

https://thehill.com/policy/finance/3840020-parents-pay-at-least-one-monthly-bill-for-40-percent-of-millennials/ 

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