💨 Abstract

Most U.S. parents (72%) struggle with parental guilt, often leading to overspending on children. This behavior, while emotionally driven, can be financially harmful. Ameriprise Financial's 2025 survey reveals that many parents feel pressured to provide the best for their children, leading to financial stress and overspending. Parents report buying costly items or experiences to "make up" for perceived shortcomings. However, this approach often doesn't ease guilt and can strain family finances.

Courtesy: WTOP Staff