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Rising prices increase the risk of debt issues for families and diminish parental well-being

As the fall season approaches, children are returning to school, and many young adults living at home are beginning or continuing their studies. However, with the surge in prices and a tight economic situation, parents of dependent children might face challenges as their kids require financial support and resources for school and education-related expenses.

According to Intrum s European Consumer Payment Report from 2022, parents of children living at home have a distinct financial situation compared to other respondents. ....

Anna Johnson Ferguson , Minna Markkanen , Corporate Responsibility Manager , Project Manager , Sustainable Financial Paths , European Consumer Payment Report , Well Being ,