Saturday, February 27, 2010
Yuckies!
I think whoever thought up this label is quite clever...
Myra Butterworth, reports in the U.K. Daily Telegraph:
"Almost a third of parents remortgage their home to fund adult children.
The rise of so-called YUCKIES – Young Unwitting Costly Kids – is forcing 28 per cent of parents to take the drastic and unexpected measure to help their 18 to 30 year old children.
The latest figures suggested as many as half of parents borrow the money needed, with almost all parents (93 per cent) paying at least something towards their children’s finances."