Kids have to learn financial literacy sometime — or should, depending on your parenting philosophy. The ones who don’t risk becoming dependent on family and friends for basic necessities well into adulthood. According to a survey by Ameriprise Financial, more than half of baby boomers say they’ve allowed their adult children to move back home rent-free, and the vast majority (93%) admit they’ve provided some form of support to their adult children, like helping them pay for college tuition or a car.

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