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Chart of the Day: Percent That Give to Children

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer Oct 28, 2025
Bar graph illustrating the percentage of parents who fund, or are preparing to fund, certain financial events for their children, such as a first car or a wedding.

Contents

Today’s Chart of the Day is from Barrons with data from Ameriprise showing the percentage of Americans who fund or are preparing to fund certain financial events for their children.

Not surprisingly, nearly 80% polled say they are planning to assist their child when buying a vehicle and 70%+ will help pay for weddings. 

Based on similar studies I've seen, these percentages appear to be higher than in the past. Still, whether it's you or someone you know, the practice of covering expenses for one's children remains fairly common.
Chart of the Day

About the Author

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer
Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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