Parents Are Sacrificing This To Help Their Adult Children
To cope with the high cost of living, many young Americans are turning to Mom and Dad to help pay the bills. The thing is, new research shows parents of…
To cope with the high cost of living, many young Americans are turning to Mom and Dad to help pay the bills. The thing is, new research shows parents of adult children are eager to help, even if it means risking their own financial future.
Bankrate’s new Financial Independence Survey on how much parents are sacrificing:
- 61% of parents or guardians of kids age 18 or older are currently sacrificing financially, or have done so in the past, to help their adult children.
- It’s even higher for Gen X parents, 69% of them are doing it, even digging into retirement accounts or emergency savings to help their adult kids.
- Parents are helping their grown children by paying everyday bills for them, giving them large amounts of money for big purchases or letting them live at home rent-free.
- As a result of the high cost of housing, 49% of young adults 23 or older say they’re currently receiving or have received ongoing financial assistance from their parents to help pay for housing.
- More than a third (37%) of them received rent payments or were allowed to live with their parents for free and 17% got money from Mom and Dad to buy their first home.
- About half (48%) say they now get, or have gotten, help with everyday expenses like groceries and utilities from their parents.
- Unfortunately, giving money to their adult kids means these parents aren’t able to save for retirement (37%) or reach some other milestone (44%).
2024 North Carolina Hospital Safety Grades
No one likes going to the hospital. Many times you don't plan on it either. But when you need to go, you want the absolute best care you can receive. And you certainly want that experience to be safe. Which is where North Carolina Hospital Safety Grades come in.
That's why The LeapFrog Group has made it the company's mission to help you make the best decisions regarding your health care. For over 20 years they have "collected, analyzed, and published hospital data on safety and quality in order to push the health care industry forward."
This puts a sense of transparency into the healthcare industry leading to higher quality of care and hospitals making "giant leaps forward in the safety, quality, and affordability."
And The LeapFrog Group just released its 2024 Hospital Safety Grades. They have ranked each hospital in the nation as either an A, B, or C. You can read the full methodology on these scores here.
Most of the Charlotte area hospitals received A grades though a few did receive B and even C grades. Does this mean you won't get good care? No. But it's information consumers have a right to know.
All grades are the determination of The LeapFrog Group and you can view those and ones from any other city and state in the US here.
Keep reading to see the North Carolina Hospital Safety grades as determined by The Leap Frog Group. Hospitals included on this list are in the greater Charlotte area. The two closest South Carolina Hospitals are also included on this list since they are technically in the Charlotte area.
North Carolina Hospital Safety Grades 2024 (Charlotte Area)
A's
B's
C's
D's
