Young people don't expect to rely on the 'bank of mum and dad': study
- Written by Kathleen Riach, Associate Professor in Management, Monash University
Despite the stereotypes of young people as a generation focused on spending with no consequences, young people actually see their money decisions (as well as their mistakes) as their responsibility, our research shows. They aren’t reliant on the “bank of mum and dad”.
We spoke to 123 Australians aged between 16-26 across a variety...