For an upcoming story in MONEY, we’re interested in talking with parents who are helping to financially support their adult children—and with young adults who are getting financial help from Mom and Dad. The level of support could range from keeping the kids on the family cell phone and health insurance plans to subsidizing other expenses (car, rent, or furniture, say) to the adult children continuing to live at home or helping with other major expenses, such as the down payment on a house.
Among the questions we’d like to explore:
- the specific kinds of expenses you pay
- why your adult child needs your support
- how much support you’re giving (estimated amount)
- how long you expect the support to continue
- what impact, if any, helping your adult child has had on your own financial situation
- How you feel about the support you’re providing
If your family situation fits the bill, we’d love to hear from you. Please send us a short summary of your situation, including your age, the age of the adult child(ren) you’re helping financially, the circumstances and any other details you care to share and think are important. Be sure to include your name and contact info (email address and daytime/evening phone number) so we can follow up with you.
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