
Is the middle class dead for millennials and Gen Z?
Stress Test
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The Bank of Mum and Dad
The bank of mum and dad implies that many young adults are still fantalizedtere still being children. It's only because the parents are working hard and being noble and caring for their kids, says Ms O'Neill. And yet, it's their hard work that is actually growing the banks of those older, aging mums and dads. We need to acknowledge with pride just how darnd hard a younger demographic is working to try and straddle the gap between full tine earnings and living costs.
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