Almost one third of millennials are living with their parents and according to data by CBS, among those one in four is not working.
This epidemic is now affecting parents and their retirement savings plans. So how do you determine how much you are supposed to help your kids?
Business analyst, Jill Schlesinger said its important not to enable your kids, but instead help them become financially independent.
Watch video below for tips on how to go about helping you and your children.
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.
Mobile homes selling for millions of dollars