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The Bank of Mum and Dad Is Making Adults Financially Dependent | It's All Relative | Dr Eliza Filby
Do you still lie to your parents about money? Even in your 40s? You are definitely not alone.The Bank of Mum and Dad, inheritance, generational wealth, financial independence, family money and the cost of living are changing the relationship between parents and their adult children. We talk a lot about the inequality created by parental wealth, but much less about what happens inside families when money changes hands.Because accepting money from your parents in adulthood can come with something else: scrutiny.This episode started with a reflection on a conversation I had with a woman in her…
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