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If you're a baby boomer financially supporting your adult children one way or another — such as by pitching in for car insurance payments or rent — you're not alone.. A new study by USA Today found that "65% of parents give their adult children (ages 22-40) some kind of financial support.". Many Americans suffered from inflation in 2023, and the new year might bring more challenges.
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The Pew Research Centre discovered that it's taking young adults much longer to reach key milestones, like having a full-time job and living on their own. Their most recent data shows that 68% of 25-year-olds were living outside their parents' home in 2021, compared with 84% in 1980.
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27 Adult Piggy Banks to Inspire Your Savings Melissa May 31, 2022 Extra Money / Manage Your Money Sharing is caring! 6 shares Piggy banks aren't just for kids! Adult piggy banks (basically a kiddie piggy bank, but one you can proudly display in your home) are an excellent way to save up for a fun vacation or a big purchase.
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KENT, Conn. ( WFSB /Gray News) - A bank employee in Connecticut admitted to withdrawing thousands of dollars from five elderly clients for his own personal use, state police said. Arron Parsons.
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Money Smart for Adults provides participants with practical knowledge and resources they can use to manage their finances. Realistic scenarios. Short scenarios featuring consumers in a variety of financial situations provide opportunities to practice using financial knowledge and skills with confidence.
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