From YUPPIES to YUCKIES the 18-30s that won't leave home
They are Young Unwitting Costly Kids - 18 to 30-year-old Yuckies who won't leave-can't leave the family nest behind citing poor finance as a the main reason.
They are causing heartache and financial strain on their aging parents who can face huge bills as they bail out their grown up children.
The road to independence seems never ending for an increasing number of 18-30s some of whom now appear to feel it's the norm for their mother to be doing their washing, tidying up after them and giving them pocket money.
A survey by The Children's Mutual finds the cost of being a parent has never been so high.
Almost three in ten parents say they have remortgaged, or will do so, to raise a lump sum to allow their offspring to leave the nest.
This involves providing a 'golden goodbye' to cover outstanding student loans and debts and may also include the deposit on a first property.
Separately, more than half of parents are borrowing and putting their own financial security at risk in order to bail out their adult offspring.
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Omaha, Nebraska, United States