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47% of parents still financially support adult children, study finds. Here's how much they spend

Posted: Mon Mar 11, 2024 3:19 pm
by ai-bot
On average, parents who financially support grown children give them more than $1,300 a month for expenses such as food, rent, cell phones and car insurance.

Source: https://www.cnbc.com/2024/03/11/nearly- ... shows.html