Latest / The Erica Show / When Should Parents Cut You Off Financially - With Trent from My Carolina CBS 17

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When Should Parents Cut You Off Financially - With Trent from My Carolina CBS 17 · The Erica Show

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  Speaker 1: G you want I five, It's the Erica Show, My
• 0:01
  Speaker 1: buddy TRENTP from My Carolina CBS seventeen in studio check
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  Speaker 1: them out weekdays nine am. We're talking about the research
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  Speaker 1: that was just released showing that parents these days are
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  Speaker 1: financially supporting their kids further and further into adulthood, like
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  Speaker 1: paying for their cars, rent, even groceries, cell phone bills.
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  Speaker 1: Should there be like a cutoff for when parents stop
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  Speaker 1: paying for their kids their bills, their day to day
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  Speaker 1: expenses nine one nine eight sixe one oh five to one.
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  Speaker 2: But Trent, what do you think?
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  Speaker 3: I went to Dave Ramsey recently, a DPAK and I
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  Speaker 3: have some life lessons to glean from money. That was incredible,
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  Speaker 3: and I love Johndalone deeply, but I mean, come on
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  Speaker 3: the cutoff. If you're lucky enough to get your parents
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  Speaker 3: to maybe pay for your college tuition, maybe.
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  Speaker 2: That twenty two year old, when you get your first job,
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  Speaker 2: it's over.
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  Speaker 3: Get your all your bills paid by yourself with your
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  Speaker 3: first real paying job.
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  Speaker 1: I mean, some kids are and I don't mean to
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  Speaker 1: say some kids because we're still kids too, but they're like, hey,
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  Speaker 1: it's cheaper if you're on the family plan, then it
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  Speaker 1: would be for individual.
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  Speaker 2: Little disclosure a good along. That's one thing I get
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  Speaker 2: on to some thank you mom and dad back in take.
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  Speaker 3: I'm a family plan, but everything else my car pay
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  Speaker 3: with my insurance. I've been doing it since twenty two.
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  Speaker 3: I've had a job since I was fifteen, and they
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  Speaker 3: instilled that in me. You're gonna have to pay your
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  Speaker 3: own way with all.
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  Speaker 1: Do you have to pay back to your parents for
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  Speaker 1: the cell phone or no. It's just kind of like
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  Speaker 1: part of me in the perk of a car.
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  Speaker 2: I probably should have been mo them, but I don't.
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  Speaker 2: They don't have one. Yeah, they're good to be with that,
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  Speaker 2: I know.
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  Speaker 3: Isn't that so bad because like, oh you're saving money,
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  Speaker 3: It's like, okay, well, thank you mom and dad. But
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  Speaker 3: everything else, you know, really journey.
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  Speaker 1: They have great family plans. And to be honest as
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  Speaker 1: a mama, I will probably help my kids for as
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  Speaker 1: long as they need to for the rest of their life.
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  Speaker 1: So that's just how we roll nine one nine eight
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  Speaker 1: six oh one oh five to one. Research shows parents
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  Speaker 1: are helping their kids financially for their day to day
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  Speaker 1: expenses further and further into adulthood.
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  Speaker 2: Should there be a cutoff?
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  Speaker 4: Do you?
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  Speaker 5: And I? Five?
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  Speaker 2: It's the Erica Show.
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  Speaker 1: Recent research showing that parents are paying for their kids groceries, rent,
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  Speaker 1: day to day expenses further and further into adulthood.
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  Speaker 2: Do you think there should be a cutoff? Andrew?
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  Speaker 1: Thing is?
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  Speaker 5: I mean you want your own space?
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  Speaker 4: I mean, don't. Nobody really wants to stay at home
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  Speaker 4: with their parents. Come on, now, nobody wants to. I mean,
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  Speaker 4: and nobody wants to live off their parents if they
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  Speaker 4: don't have to. Now, if you've got the resources and
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  Speaker 4: the ways to help their kids. Okay, but you know,
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  Speaker 4: not every month, not every moth No, and don't call
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  Speaker 4: me when your life was turned off.
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  Speaker 6: Don't do that.
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  Speaker 2: Thank you for calling. Have a good day, do you?
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  Speaker 4: And five?
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  Speaker 2: It's the Eraka Show. Who's this? Where are you? Conn
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  Speaker 2: is from Shelby.
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  Speaker 5: I live in Sanford, but I've picked up the terms
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  Speaker 5: and I was, you know, listening to the radius. I
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  Speaker 5: thought I would you guys a call.
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  Speaker 2: I will thank you. Okay, So question for you?
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  Speaker 1: How old is too old for your parents to pay
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  Speaker 1: for your bills like your cell phone or maybe car insurance?
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  Speaker 5: Never too old, man, if your family can help you
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  Speaker 5: by all means, what do.
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  Speaker 2: Your parents pay for you?
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  Speaker 5: No, but y, I would definitely say yes.
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  Speaker 2: So how old are you one?
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  Speaker 5: I have a five year old? And by all means
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  Speaker 5: in the future, I mean I don't want to condone
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  Speaker 5: bad behavior or anything by all means, but there's a
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  Speaker 5: lot of times in my life where it would be
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  Speaker 5: helpful if somebody helped me out financially and I had
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  Speaker 5: to do on my own. So, you know what, I
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  Speaker 5: support people that uh have that.
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  Speaker 1: Some people said they've got the old school mentality where
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  Speaker 1: it's like eighteen, you're on your own. Some people are like,
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  Speaker 1: it just depends on the circumstances, and then others. I've
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  Speaker 1: had people calling in here They're like, Oh, I'm a
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  Speaker 1: grown a adult, like fifty years old. My parents still
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  Speaker 1: pay for my cell phone.
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  Speaker 2: So what do you think? Texas nine one nine eight
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  Speaker 2: six oh one oh five one? And how old? What's
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  Speaker 2: your five year old's name?
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  Speaker 5: His name is Romeo?
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  Speaker 2: All right, shout out to Romeo.
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  Speaker 5: All right, you take care, you have a good day.
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  Speaker 2: Thank you, thank you for listening. Do you want to five?
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  Speaker 2: It's thee Erica Show. We were talking about earlier.
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  Speaker 1: Should there be an age cut off when you stop
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  Speaker 1: paying for your adult kids, stop paying their bills because
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  Speaker 1: research shows that you know, parents are paying for their
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  Speaker 1: kids further into adulthood than they used to. Sarah's on
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  Speaker 1: the phone, and you actually pay for your parents now.
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  Speaker 6: Send here thinking about it. I admit I was thirty
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  Speaker 6: four before I was like, hey, Mom, you want to
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  Speaker 6: get on my bill? And she was like, yeah, I've
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  Speaker 6: been kind of thinking about upgrading my phone blah blah blah.
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  Speaker 2: And I was like, Mom, just.
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  Speaker 6: Come get on our bill. And so, I mean, I'm
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  Speaker 6: thirty five. It's only been a year, but it's it's
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  Speaker 6: one of those moments where you're like, no, girl, now
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  Speaker 6: I pay for that bill.
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  Speaker 2: I love that though.
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  Speaker 1: It's such a turning point where you're like, no, I
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  Speaker 1: got the bill when it comes to dinner or whatever,
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  Speaker 1: because it used to be like they would always pay
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  Speaker 1: for it, and now I'm like, I got it, don't
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  Speaker 1: worry about it.
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  Speaker 5: And it does.
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  Speaker 6: It feels so good to be like no, Like, can
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  Speaker 6: I tell you what to do for a minute. This
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  Speaker 6: is me, this is my money, and I'm telling you
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  Speaker 6: that I got this for you. I love you. I
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  Speaker 6: love that in my mid thirties, but it finally happened.
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  Speaker 2: I love that. Well, that's so cool. Thank you very
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  Speaker 2: much for listening. Where you calling from.
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  Speaker 6: I'm Danville And that lady called y'all earlier and she
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  Speaker 6: was like, I've been listening for years. I've been listening
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  Speaker 6: since I was fourteen. I'm thirty five.
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  Speaker 2: Okay, so we grew up together.
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  Speaker 4: We're legal.
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  Speaker 2: That's all. Well, thank you so much.
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  Speaker 6: You're welcome. I'm also praying for your mama. I hope
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  Speaker 6: everything goes well.
• 5:05
  Speaker 2: Thank you very much.
• 5:06
  Speaker 1: We had her chemo appointment this morning, so thank you
• 5:10
  Speaker 1: very much.
• 5:10
  Speaker 5: Well, please know that she.
• 5:12
  Speaker 6: Is in a whole lot of people's hearts and prayers.
• 5:14
  Speaker 2: They griev made me cry, don't do it.
• 5:17
  Speaker 5: Don't do it.
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  Speaker 6: Don't do it. You don't have a good rest of
• 5:19
  Speaker 6: your afternoon.
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  Speaker 2: Thank you so much.
• 5:21
  Speaker 6: Thank you.
• 5:22
  Speaker 2: We have the best listeners. Thank y'all so much. Have
• 5:25
  Speaker 2: a good night.
• 5:26
  Speaker 1: Got some tears rolling in my face and a chance
• 5:28
  Speaker 1: to win one thousand dollars with EJ Next