"Failure to Launch", Parenting

Dos and Don’ts to Financially Supporting an Emerging Adult

failure to launch financially supporting young adult child

The US Census Bureau’s latest numbers show that over 35% of millennials in California still live at home. With so many young people never leaving home or returning home, a financial burden is put on their parents. Even for emerging adults (18-29 year olds) not living at home, parents are still financially helping them. Unfortunately, this sometimes results in parents taking on additional debt, delaying their life plans, or even postponing their retirement. Thankfully, there are specific things parents can do to lessen the financial burden. Read on to learn some dos and don’ts to financially support your emerging adult child. Continue reading “Dos and Don’ts to Financially Supporting an Emerging Adult”