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The Helicopter Parents Have Entered the Workplace | Money Moves with Jill Schlesinger

The Helicopter Parents Have Entered the Workplace | Money Moves with Jill Schlesinger

Summary

The article discusses how some parents continue to closely manage their adult children's work lives, a behavior called "helicopter parenting" in the workplace. It also offers advice to a caller about saving money for college, comparing different savings plans and how to divide money fairly between children.

Key Facts

  • "Helicopter parenting" means parents closely control or manage their children's decisions, even at work.
  • The show talks about why parents might need to give their adult children more independence at work.
  • A caller named Marie has a newborn and a toddler and wants advice on saving for college.
  • The hosts explain options like Trump Accounts and 529 plans, which are ways to save money for education.
  • They discuss which savings plan might be better depending on the situation.
  • The show briefly mentions a question about whether young people spend too much money on McDonald's.
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