More young adults are leaning on their parents for financial support, but that comes with risks that families should consider, a top advisor says.

More than a quarter (27%) of working moms rely on financial help from their parents regularly or occasionally—but the burden is worse for younger moms. In 2024, nearly half (49%) of mothers under 30 ...

Financial hardship refers to situations where individuals struggle to meet their financial obligations, often due to unexpected events. Common causes include job loss, unforeseen medical bills, or ...