Family Support Crucial for Nearly Half of Gen Z Adults: What This Means

Westend61 / Getty Images Things are expensive, and many Gen Zers are relying on their parents for financial help. Key Takeaways Nearly half of Generation Z is receiving financial help from their family, a Bank of America survey found. A third of respondents said they were receiving at least $1,000 in monthly aid. Gen Z reported turning down social events and using a budget to reduce expenses. Gen Z is asking mom and dad for financial help. In a Bank of America Survey of more than 1,000 adult memb ...