Survey: Starting capital for children: Many parents feel pressured
Almost two thirds of parents believe they can offer their children better opportunities than their own parents did. However, financial support remains a burden for many.
A recent survey reveals that nine out of ten parents desire to financially assist their children in their transition to adulthood. Roughly half (49.1 percent) of the respondents already set aside money specifically for this purpose, while another 41.4 percent indicated they plan to provide support if their financial situation allows.
However, the initial capital for their children's future is not an automatic given. About 39 percent of the 586 surveyed adults with children under 18 years old find it particularly challenging to provide their offspring with the financial assistance they would like to give as parents. Over 63 percent worry that they will not be able to sufficiently support their children financially.
Despite this, a majority of respondents believe they can offer their children better starting conditions than they received themselves. Almost two thirds (63.8 percent) of the parents think they can provide their children with better educational and financial starting conditions. Around 17 percent believe it has become more difficult. The rest see no change compared to the past.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
