4 ms·
Strange article. Starts out portraying it as an "East Asian immigrant" practice, then notes that many other immigrants do it too. And what do you know, it's wi
by ilamont 4y ago
Strange article. Starts out portraying it as an "East Asian immigrant" practice, then notes that many other immigrants do it too.
And what do you know, it's widespread across American society. Quoting an AARP study:
While 32 percent of midlife adults ages 40–64 provided regular financial support to their parents in the past year, four in ten midlife adults (42 percent) expect to be doing so in the future, according to a recent AARP telephone survey. Most often the money is going for basic living expenses.
https://www.aarp.org/research/topics/economics/info-2020/midlife-adults-providing-financial-support-to-family-members.html https://www.aarp.org/research/topics/economics/info-2020/mid...