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This shows that parents are spending more on adult children who are closer to 18 and freshly independent.
Unfortunately, providing this financial assistance has come at a cost.
So, older generations areputting their retirement plans on the back burnerto help their kids establish themselves.
This all adds up to thousands in financial assistance for many parents of adult children.
For example, you might start by stopping your support fordiscretionary spending and travel.
Some families also put conditions on the support they offer.
Or you could help a kid pay offpast-due credit card billsas long theyre not accumulating more debt.
Ultimately, preparing your Gen Z children for financial independence is about setting clear expectations for your support.
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