Living at home, doing chores and getting a regular allowance. Not much has changed since middle school--except that this describes nearly 20 percent of adults old enough to vote.
Nearly one in five adults between the ages of 18 and 34 are getting a little help from the Bank of Mom and Dad. Overall about one in 10 of all adults still get some kind of financial help from parents or relatives, according to new data from the Pew Research Center.
Parenting websites and blogs offers many different kind of tips on how to calculate what a weekly allowance should be--for young children. But what's an appropriate allowance for a 26-year-old college graduate who has to live at home because the job market stinks? The Pew research didn't get into details on the amount financial assistance young adults received from family, but it's not enough to live large: The survey showed that eight in 10 of 25-to-34 year olds who are living at home say they don't currently have enough money to lead the kind of life they want.
How much do you get on a regular basis from your parents or how much do you give your adult children? Email email@example.com or share your comments below.
Three out of 10 adults between the ages of 24 and 35 are living at home with their parents--that is highest number of live-at-home-grown-children since the 1950s. The data is based on a survey conducted by the Pew Research Center with 2,048 adults nationwide between Dec. 6-19. 2011.
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