The recession and recovery have been hard on many. But, among those most effected are those between 20-24, with an unemployment rate of 13.1 percent- almost twice the national average.
With these challenges to financial independence many young adults are returning to their parents for financial and housing assistance.
The Cash Money Crew with David Jackson of Waddell & Reed Financial Advisors, Dan Mathews of Stepp & Rothwell and Lucas Bucl of KHC Wealth Management Services, addresses the challenges to these growing realities.
They share that one of the most important things is setting expectations from the start. Later in the in the hour we talk about how to best prepare and care for ageing parents.