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North America

Are Gen Z Adults’ Parents Really Paying Their Bills?

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Headlines make it seem like many young people rely on their parents to afford their bills, but this is what YPulse data shows…

TL;DR

  • Recent headlines suggest young people are heavily reliant on their parents to cover their regular bills
  • Many twentysomethings do have parents covering one or more bills, but shared family plans are a big part of it
  • Some twentysomethings do receive their parents’ help with their rent and mortgages
For years, YPulse has seen stories claiming that grown-up Gen Z is “mooching off their parents,” with headlines like “Time to grow up? Half of parents still financially supporting adult children,” “Parents pay grown-up kids’ bills with retirement savings,” and “US millennials, Gen Z need parents’ help to pay household bills.” These stories highlight parents...

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