Don’t rely on the bank of mom and dad | Allison Schrager

In contemporary America, paying one's own phone bill serves as a primary rite of passage signaling the transition into full adulthood. However, a significant number of individuals remain financially dependent on the bank of mom and dad. This trend persists even among those who have reached middle age, suggesting that many adults are stuck in an extended state of adolescence rather than achieving the traditional markers of financial independence and self-sufficiency in their daily lives.