Nearly Half of Gen Z Relies on Family Financial Support

High living costs and housing affordability issues drive many young adults to seek help from parents, survey finds.

46% of Gen Z adults receive financial assistance from family for expenses like rent and groceries.
A third of those receiving help get at least $1,000 per month, while 54% pay nothing towards housing.
High housing costs are a significant barrier, with many spending over a third of their income on rent.
Gen Z is cutting back on dining out, social events, and opting for budget-friendly grocery stores to save money.
Despite financial challenges, young adults show discipline in budgeting and saving habits.