42% of parents cite rising cost of living as top concern for children's future in Wealthify's 'Hopes and Fears' research.

42% of parents cited the rising cost of living as their top concern for their children's future in Wealthify's 'Hopes and Fears' research, up from 37% last year. Mental health is the second-highest concern for parents, followed by social issues and bullying, and social media. Parents' climate change worries surpassed those of teenagers, and crime entered the top 10 fears for parents at 24%. Teenagers are more anxious about affording a house and their savings/finances.

August 03, 2024
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