Online calculator to help save and budget
Online calculators can help you set up budgets that will help you save money and pay off your debts.
The problem has been resolved
When Kaylynn St. Peters turned 27, she worked with entertainment appointments, but her excitement took a slight blow when she saw it as a sign that it was time for her father to pay for her phone bill.
“I rode a little high until they drove me away,” St. Peters said.
Some people may believe that your late 20s have begun to raise such challenges, but on average, people start paying for their cell lines at age 27, but according to a new AT&T survey, 76% of Americans consider one of the ultimate signs of adults. Still, 32% of people don’t start paying their phone bills until they’re over 30. 18% won’t take it until they turn 40.
When St. Peters went to get her own plans, she was quoted about $70 a month from T-Mobile and Verizon. For her, it was “a bit crazy,” so she instead joined her brother-in-law’s plan, and now sends about $40 a month through Benmo.
According to a survey, about 46% of people do the same thing. Erin Scarborough, president of AT&T’s Broadband and Connectivity Initiatives, said that’s why the company introduced SplitPay, and why multiple people can pay a portion of their wireless invoices without the need to use third-party payment methods.
Scarborough said the number of people who delay their bills is “absolutely growing,” and that financial dependence on young people’s parents is just part of the adult years of their dependence on their years of age.
“I think that’s definitely up year-on-year,” Scarborough said. “It became commonplace not only on mobile phone bills, but on multiple other places…it wasn’t 20 years ago.”
Many of the people voted by AT&T think she is right. Approximately 70% of survey respondents believe that most Americans have access to at least one subscription service account that they don’t pay. It appears that Netflix is dealing with its password sharing oppression.
Between inflation fear and rising costs, time is tough. For many Americans, looking to mom and dad’s banks is the solution.
How many adults receive money from their parents?
Half of parents with adult children send money regularly or help them financially, a Savings.com survey was found earlier this year.
The average amount these parents give is $1,474 per month, up 6% from last year, according to the survey.
Adult members of Gen Z, or between the ages of 18 and 28, receive more from their parents than millennials or 29-44 people.
Of those who received money from their parents, the average amount Gen Z receives in 2025 is $1,813 a month, while the average amount for millennials is $863.
Much of that money has strings. The survey found that 77% of parents are conditional on financial support.
What do adult children need help getting?
Grocery, mobile phone bills, rent or mortgage payments are on top of the list of costs that will help adults and children cover in 2025.
According to a survey by Savings.com, 83% of supplementary parents give their children an average of $220 each month, with an average of $220 to buy groceries, 65% paying an average of $63 on their children’s mobile phones, and 63% covering an average of $653 on their child’s rent or mortgage.
At 54%, most parents who provide support also help their adult children pay for health insurance and medical care.
The most expensive monthly fee for 45% of parents supporting adult children is tuition or other school-related expenses, with parents spending an average of $1,198 a month.
A small number of supportive parents will help adult children cover investments, car payments, vacations, student loans or credit card payments.
Financial dependence in adulthood can cause tension
That support can cost more parents than part of their pay. Nearly half of survey respondents said they reported giving them more than twice the amount contributed to their retirement accounts at the expense of financial security to support working parents who support grown and adult children.
This can cause tension. Jack Howard, director of Money Wellness at Ally Financial, said it is something parents raise in her financial health and education workshop.
Howard cited the example of a mother who attended a workshop with her son, saying that the problem lies with the fact that she is still paying for his phone bill. Howard says his son didn’t know that his mother had problems and immediately offered to start covering it himself.
To avoid unpleasant parent-child relationships, Howard suggests having financial conversations early and often, but she acknowledged that it can be challenging for parents who grew up in families who avoided the subject.
“We hear that in a lot of our class. “We didn’t talk about money. It was taboo. It was seen as rude.” But on social media, there’s so much access to information and transparency, considering Gen Z, and we expect it from (the parents),” Howard said.
Reach Rachel Barber at rbarber@usatoday.com Follow her at x @rachelbarber_