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In the context of COVID-19, we investigated whether parental financial and family emotional support mitigates the negative financial impact on young adults. Framed in the Conservation of Resources Theory of stress and coping, we conceptualized emotional support and financial support as family resources that may offset the negative financial impact of COVID-19 on the financial wellbeing and positive outlook of young adults. We analyzed online survey data collected between July - September 2020 from young adults (N=2,102; aged 18-30) living in six countries (China, Italy, Lithuania, Portugal, Slovenia, US). Overall, family emotional support appeared to offer some benefit. This was not the case for parental financial support. AUTHORS: Joyce Serido, Lijun Li, Rimantas Vosylis, Katherine Vasquez, Angela Sorgente, Žan Lep, Gabriela Fonseca, Carla Crespo, Ana Paula Relvas, Maja Zupančič, Margherita Lanz FORMAL TITLE: Parental financial support and family emotional support to young adults during COVID-19: A help or a hindrance? The full-text of this article can be found on the Family Process website: https://onlinelibrary.wiley.com/doi/1...