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GoodToKnow
Lifestyle
Lucy Wigley

1 in 3 adults rely on parent's financial help just to get - these areas are hardest hit

Mother and daughter discussing finances.

Many households across the UK still rely on financial help from parents to stay afloat, as the areas where most assistance is given and most needed are revealed by a study.

The cost of living is still a big problem for many households across the country. Among the many financial implications this is having, childcare costs are leaving half of parents trapped into living near grandparents to save on nursery fees. Now it's revealed that nine million adults in the UK receive a 'lump sum' from their parents to help them get by, with one in three adults needing regular financial help from their parents to live day-to-day. 

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