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Parents Paying Thousands for Kids | Leeds News
Description
Parents are pouring over $30,000 on average into their kids’ lives—helping with homes, education, weddings, and more—as rising costs make independence harder. The biggest single gift? A home down payment averaging $10,784. Many are already saving, with housing top of mind, and some plan to support their kids well into their 50s, hoping they’ll own homes, be debt-free, and live independently.
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