The Coronavirus Pandemic has impacted a lot of people financially. And those who are just starting out in their career fields are no exception.
According to a survey that was recently completed by USA Will Guru, 1 in 4 South Dakotans between the ages of 20-29 have received money from their parents since the beginning of the pandemic.
Some of the key takeaways from the survey found that:
78% of these South Dakotas say that they are on a no-interest loan from their parents.
1 in 5 parents said that they are NOT confident they ll be paid back this loan. The USAWillGuru.com survey of 4,500 20-29 year olds provides a snapshot of young people’s living circumstances since the biggest economic shock in modern times. As Gen Z moves into adulthood and millennials advance into middle age, an overwhelming trend has emerged, revealing that