A quarter of Black adults who gave financial support to family say it significantly hurt their personal finances | Pew Research Center

February 23, 2026

Giving and receiving financial help in Black families

A quarter of Black adults who gave financial support to family say it significantly hurt their personal finances

A quarter of Black adults who gave financial support to family say it significantly hurt their personal finances

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A quarter of Black adults who gave financial support to family say it significantly hurt their personal finances

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Giving and receiving financial help in Black families
71% of Black immigrants say they gave financial help to family in the last year
A quarter of Black adults who gave financial support to family say it significantly hurt their personal finances
Among Black Americans, younger adults are some of the most likely to have received financial support from family
Roughly half of Black adults who received financial help from family say it significantly helped their own financial situation