DebtBytes UK - Bankruptcy, Insolvency, Simple IVA & Bank Charges News UK http://myvesta.org.uk/blog/export.xml UK IVA and bankruptcy focused insolvency advice column for people that are dealing with problem debt, money troubles or falling behind on the bills. This advice column will provide you with information you can use. For more information visit Myvesta UK at Myvesta.org.uk.

en-us http://backend.userland.com/rss Your Friends @ Myvesta.org.uk (stever@myvesta.org) myvestaukblog_archive.html Flying the Coop, Nesting the Wallet stever@myvesta.org 117464789866385758 Contrary to popular belief, the parental fiscal ties between parents and their children does not end for sometime after they become of-age as an adult.

A new study suggests that on average more than 10 million adult children have taken £12,300 from parents in financially tough situations. 29% of adult children look to borrow money from their parents. 14% are joined to their parents' savings accounting, giving them access to funding.

Leaving 45% of parents that won't be able to make up for the loss of money that they have lent to their children, while 13% have to cut back on their daily allowances to make ends meet.

Myvesta UK

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