Many young adults can only afford to invest thanks to the bank of mom and dad
Parents are providing help with expenses like housing and groceries, and sometimes directly investing for their children, to give them a head start in a challenging economy.
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# Summary Parents are increasingly subsidizing young adults' living expenses and directly funding their investment accounts to help them build wealth in an economically challenging environment. This parental financial support enables younger generations to allocate money toward stock market investments that they otherwise couldn't afford, potentially widening wealth inequality between those with family backing and those without.
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