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50 percent of parents financially supporting adult children: Survey

New research shows that even when children are out of the nest, some parents still contribute to their child's livelihood. Vote from Savings.com This shows that 50% of parents still help offset the economic pressures of adult children. The average amount given to adult children among those surveyed was $1,474 a month, up 6% from […]

Why over half of Americans feel financially frozen: study

According to a new study, half of Americans feel that they have “fragilely frozen.” A survey of the financial behaviour and strategies of 2,000 Americans found that 53% of respondents were stuck, overwhelmed or unsure of what to do with their finances. Respondents said their biggest financial concerns were sticking to essential supplies (36%) payments […]

Kate Hudson believes parents should teach kids to become financially independent

Kate Hudson believes that children should learn to be self-sufficient early in their lives. The 45-year-old actress shares her son, Ryder, 21, with her ex-husband Chris Robinson, son Bingham, 13, ex-fiance Matt Bellamy, daughter Lani Rose, fiancé Danny Fujikawa and daughter Lani Rose. In a recent interview with Bustle Magazine, Hudson explained that Rider, the […]

Elon Musk Giving ‘Serious Thought’ to Financially Backing Farage

Brexit boss Nigel Farage spoke out about Elon Musk's donation to Britain's Reform UK party after meeting the world's richest man at Donald Trump's Mar-a-Lago mansion in Florida on Tuesday. “I am seriously considering it,” he said. Last month, reformers donated $100 million to Mr Farage's populist party to help Mr Musk topple Prime Minister […]