Doing chores around the house, such as taking out the trash and cleaning the bathroom, usually warrant an allowance from your parents when you are young. If you are not working and living at home (and eight years old), how else are you supposed to earn money to buy ice cream at the corner store? According to a poll conducted by the Pew Research Center though, allowances are not just for young children anymore — nearly 1 in 10 American adults regularly receive money from their parents or other family members.
One in five adults between the ages of 18 and 34 (about 20 percent) are getting financial help from mom and dad. The poll did not find any differences in financial reliance on family by gender or race. With the job market so difficult to break into, and many young adults still living at home, it makes sense that so many of us would have to rely on mom and dad for financial support. I currently pay all my own bills and support myself, but man, it would be nice to still get an allowance once in awhile!
Do you still get an allowance?