Shock Survey Finding – Parents Support Children

The BBC along with almost every other news service reports.

A survey claims adult youngsters are plundering their parents’ savings at an increasing rate. Some 55% of parents polled had given an average of £12,610 to their children or grandchildren.

Now maybe it’s just me but if I’ve got it and my children need it they can have it – what parent wouldn’t. I’ve not seen the actual survey but we seem to be talking, about grandchildren as well as children – so over one’s life £12,000 isn’t really a lot. Still let’s not get in the way of a good headline “Kids plundering parents’ savings“.

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