How to Money · Friday, September 4, 2026
A recent statistic reveals that 70% of Gen Z adults admit to being financially dependent on their parents. While acknowledging increased costs of living, the discussion highlights the importance of setting boundaries and not viewing parents solely as a financial benefactor.
“Let's piggyback on this. There were a couple articles recently about what people refer to as the bank of mom and dad, right?”
“But there was a stat, something like 70% of Gen Z adults now are willing to admit, they say, that they're financially dependent on their parents, which is like, that's hard to fathom.”
“And I do think, I want to also acknowledge, I think it's harder to get by upon graduation now than it was 25 years ago, now than it was 50 years ago. I think the path looks different.”