We’ve all heard the horror stories: young people who graduate from college, move back home with their parents, make very little money and mishandle the cash they do earn.
As many as 40 percent of millennials still receive financial help from their parents, according to 2015 statistics from a Bank of America report. A recent Pew Research Center study found that 15 percent of young people ages 25 to 35 lived with parents in 2016. But it’s not because the majority are unemployed; only 5% of older young adults were without a job, according to the study.
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