Many Adults Still Financially Supported by Parents

Analysis

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Over half of those under 40 are still financially dependent on their parents, according to a representative survey of 1,157 people by Magyar Target-Pulzus Média, writes napi.hu.

While 67% of the total population over the age of 18 consider themselves completely independent from a financial point of view, this drops to just 60% among those living in villages.

This ratio is 75% among those living in a county seat, 72% among those living in the capital, and 68% among those living in other cities.

Meanwhile, 25% of Hungarian adults reported not being completely financially independent from their parents. The ratio is significantly distorted by the fact that more than half of the 18-39 age group are in this situation, according to their own assessment.

Most adults would only turn to their parents for financial help in an emergency.

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