Have A Teen? They Will Financially Be Dependent On You Till They Are 30!

  • A new survey finds that over 30% of teens don’t expect to be financially independent of their parents by the time they reach 30
  • Not having to rely on their parents or caregivers for money is the top financial goal of 53% of teens, although getting a full-time job is their biggest goal (62%)
  • Paying for college is teens’ biggest financial worry (47%), followed by not being able to live on their own (45%)

When kids get in their teen years most parents start dreaming of they day they’ll be out of the house and on their own, but it seems most teens don’t see that happening all that fast. In fact, a new survey by Junior Achievement and Citizens Bank finds that over 30% of teens don’t expect to be financially independent of their parents by the time they reach 30. That’s right – 30!

Allison

Allison

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