Almost 25% of millennials’ parents cover their rent: poll

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Almost 25% of millennials’ parents cover their rent: poll
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More than three in 10 (35%) adults admit they still have at least one bill on their parents’ tab.

According to a new poll of 2,000 Americans, the top three expenses still paid by parents are rent , groceries and utilities . About three-quarters of those respondents plan to take on these bills themselves within the next two years, but 30% admit they will be riding the wave until they’re told otherwise. Conducted by OnePoll on behalf of, the survey showed that despite not managing all of their expenses, 85% of respondents consider themselves to be financially responsible.

Almost three-quarters of respondents opened their first bank account by their 25th birthday, and 21% opened it before they turned 18. Almost seven in 10 of respondents in the Northeast earned money by helping neighbors, compared to only 43% in the Southeast, fewer than any other region. On the flip side, only 32% of respondents struggle with their taxes and to keep their credit score high .

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