NEW RESEARCH REVEALS THE ‘AGE OF PAYBACK’ AMONG BRITISH FAMILIES 

24 has been revealed as the ‘age of payback’ – when grown-up children finally start picking up the bill for their long-suffering parents, according to a new study by autoeurope.co.uk

The research discovered that until that point mums and dads are bombarded with almost daily requests to borrow money for one thing or another.

But the tables finally turn when the ‘kids’ are able to stand on their own two feet – and start chirping up with ‘Don’t worry, I’ll get this … ‘ at restaurants, on day trips out, or even lavish holidays abroad.

British parents can expect to enjoy the first ever alcoholic drink bought for them by their offspring when they are 21, and have a meal paid for two years later.

Mums and dads are also likely to be presented with an all-expenses paid weekend away when their “youngster” turns 26 and if they’re really lucky, they’ll get to enjoy a free spa day when their son or daughter is 25.

Yesterday a spokesperson for autoeurope.co.uk, said: “It might take adult children a while to repay their parents for bringing them up, but when they do, they use their cash to show their mums and dads just how appreciated they are.”

The study, which was carried out among more than 1,000 parents with children over the age of 18 also found while many parents can expect ‘payback’ to kick in at some point, others are not so fortunate.

One in four (26 percent) are still handing over cash now and again, while close to one in five generous parents (18 percent) still give their kids a monthly allowance.

Meanwhile another 11 percent of parents said they field requests for money ‘most months’.

When it comes to paying it back, some parents are better off than others.

Almost one in five (19 percent) said the money isn’t always returned, while 13 percent said they did get it back, but only in dribs and drabs.

Seven percent admitted their kids always vow to return the cash – but rarely did.

The study also found for around one in four mums and dads (26 percent) it is still a struggle getting their kids to put their hands in their pockets.

Another 21 percent said while the children did often offer to pay, they were happy to pick up the bill so the children could save their money.

Furthermore, the results revealed around 27 percent of parents have only been taken out, safe in the knowledge the kids will pick up the bill, once in a blue moon.

Until they turn 24 most grown-up children live the ‘life of Riley’ at mum and dad’s expense with 14 percent of parents saying that they still take their fully-grown kids on holiday – and pick up the bill – providing them with an additional £165 spending money.

And another 24 percent said this occurred ‘now and again’.

The spokesperson for autoeurope.co.uk , added: “What’s heartening to see in the results of our survey is that kids are recreating memories from their childhood and paying back their parents by showing how much they mean to them, just as their parents did for them when they were younger.”
KIDS’ AGE WHEN THEY TREAT MUM AND DAD TO:

A Pint                                                                   21

A new car                                                             26

Holiday abroad                                                   27

Weekend away                                                    26

Spa day                                                                 25

Night at a hotel                                                   25

Educational course                                            25

New item of furniture                                       24

A new watch                                                        23

Item of jewellery                                                22

New shoes                                                            23

Item of clothing                                                  22

Cinema trip                                                         22

Day out                                                                 24

Meal out                                                               23

Invited over for dinner                                      25

Leant them money for their home                  24