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Podcast: Stress Test
Episode:

Are you giving your parents money?
Category: Business
Duration: 00:23:29
Publish Date: 2022-01-19 08:00:00
Description:

Are you helping your parents by paying for groceries, house bills or even funding their retirement? The overwhelming trend in Canada is for parents to be supporting their adult kids financially. But today, we’re talking to the Gen Z and millennials who are in the opposite position and helping support their family. We hear from a 27-year-old from Stoney Creek, Ont., who has been helping her parents with monthly payments for over five years. Plus, Roma speaks to Natasha Knox, a Vancouver- based financial planner, about how common this is among her clients and how it impacts their financial planning.
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