All the updated news related to bank of mum and dad

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Personal Finance

Third of midlifers ‘providing financial support or unpaid care to loved ones’

A third (33%) of people aged 40 to 60 provide financial support or unpaid care to at least one loved one – on top of their job and other family commitments, a survey has found. One in 10 (10%) midlifers already feel the level of support they provide ...

23 Feb 2022 at 01:25

Life

The bank of mum and dad: How to help adult children without harming your future finances

Having kids is expensive – and never more so than when they get older and parents’ primary role seems to morph from giving love and care to being head of the bank of mum and dad. Because while the financial outlay for younger children tends to ...

06 Feb 2026 at 08:30

Scotland

Cost-of-living crisis could see more withdrawals from ‘Bank of Mum and Dad’

Turning to the “Bank of Mum and Dad” could become “more common” as the cost-of-living crisis mounts, an expert has said. Lawyer Grant Johnson said rising bills could mean that increasing numbers of parents “want – or need – to give their ...

09 May 2022 at 01:55

Years
2026

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