Survey: Nearly 1 in 4 of All Parents and Half of Gen X Parents Worry Their Kids Will Be Financially Dependent on Them in Adulthood
U.S. Bancorp (USB)
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Source: Business Wire
Although parents are reluctant to discuss their own finances, they are having more in-depth financial conversations with their children than their parents did with them MINNEAPOLIS--(BUSINESS WIRE)--Parents today are talking with their children about topics like investing in stocks and bonds and choosing career paths that align with their child’s financial goals – discussions many didn’t have with their own parents growing up, a new survey from U.S. Bank found. In addition, nearly 1 in 4 of all parents and more than half of Gen X parents worry their children will be financially dependent on them well into adulthood.The survey also found that the majority of Americans would rather discuss who they are voting for in the upcoming presidential election than their personal finances, and that many people might not be truthful with their partner about money – driven by feelings of shame and embarrassment.“For many people, discussing money is extremely uncomfortable; this is especially tru
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USB
Earnings
- 7/18/24 - Beat
USB
Sec Filings
- 9/20/24 - Form 424B2
- 9/20/24 - Form 8-K
- 9/19/24 - Form 424B2
- USB's page on the SEC website