Many adult children are allowing their ageing parents to fund their holidays, according to a study by Kent Reliance. Over 40% of parents are not only paying for their adult children’s vacations but also covering expenses like flights, meals, and activities. Despite the financial burden, parents see it as worthwhile for quality time with their children, as reported by Louise Halliwell. One teacher in her late twenties humorously admits she’ll keep joining her parents on trips as long as they foot the bill. Similarly, the author acknowledges her own reliance on parental support, having benefited from family holidays and financial backing for her first mortgage. While the “Bank of Mum and Dad” support lessened after graduation, emotional ties remain strong.
https://www.telegraph.co.uk/family/parenting/bank-of-mum-dad-parents-buy-children-holiday
