To what extent young people continue to receive financial assistance from their parents, including for everyday expenses. "It depends on how shameless you are"
A third of young people over 30 rely on financial support from their parents, according to an international study.
To what extent young people continue to receive financial assistance from their parents, including for everyday expenses. A third of young people over 30 rely on financial support from their parents, according to an international study.
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ALEXANDRA CLEJ, DOINA PLĂCINTĂ, IOAN VRÂNCEAN
It's not just about serious expenses, such as buying a house. But also about help for daily expenses - such as paying rent or medical services.
Alexandru is 32 years old, and recently asked his parents for help to buy a home, without bank installments. He only had part of the money he needed.
Alexandru: "Regardless of our age, our parents support us. Surely they will stand by me. It's a foundation I've never doubted".
His father found a solution shortly: he sold some land and thus raised 23,000 euros.
Iacob Nechiti, father: "He managed to buy the apartment as a shell construction and then finished it, and now if he needs anything, we help him with whatever we can".
Young people receive help from their parents, in various forms. Some admit this shyly.
Young people: "Yes, with food. They bring us products from the countryside, so we don't have to buy from here".
Others admit it more firmly
Reporter: When was the last time your parents helped you?
Woman: "Quite recently. Should I say or not... they helped me with 15,000 lei".
Man: "I received help from my parents to buy a house in the countryside. A few thousand euros. During the pandemic".
Woman: "The reality is that they still help me now".
Sociologists say that crisis situations are easier to manage within the family
Ioan Hossu, sociologist: "Crisis situations find the fastest help and support in the family, in parents. Parents are a safety net".
The financial safety net is beneficial, but up to a certain point.
Adrian Coroian, economist
"It's customary for parents to provide financial support, and now, it hinges on your audacity. You keep pushing until you can't anymore, or once you reach the requisite age, you become independent and self-sufficient".
An international study, conducted by a research center in the United States, shows that a third of young people over 30 rely on financial assistance from at least one parent.
Of these, more than half use the money received for current expenses: household ones, bills or subscriptions, 17% need help with rent and 15% - for medical services. Much fewer ask for money for studies.
WHAT YOUNG PEOPLE DO WITH THE MONEY THEY RECEIVE FROM PARENTS
28% - household expenses
25% - bills and subscriptions
17% - rent
15% - medical services
11% - education
SOURCE: PEW RESEARCH CENTER
