It's hard to cut the apron strings when your children leave the nest. Just because your children have become adults doesn't mean you stop being a parent. But it appears it's even harder for parents today to cut the purse strings when it comes to their 20 and 30something children.
This is especially true with all things digital, according to a recent survey from Harris Interactive and the Wall Street Journal.
"Two in five parents of young adult children (18-35) pay for cell phone service for them," said Sue Shellenbarger, the Wall Street Journal's work and family columnist. "Ten to 12 percent pay [for] streaming music and video."
It's undoubtedly a help to a generation that's having a difficult time securing steady employment, or a living wage. Parents keeping their children on the family cell phone plan is also, Shellenbarger pointed out, a lot cheaper.
"It's a no brainer... It can cost two to four times more to open an individual cell phone account," she said.
Shellenbarger noted the financial benefit parents who pay for their adult children's cell phones and data plans are bestowing, but also said, "a lot of parents are wondering when does it end. It does create a gray area." (They're far from alone -- in 2011 Forbes reported 59 percent of parents support their adult children.)
But are parents who provide this type of financial support delaying their children's entry into true adulthood? To hear what experts had to say, watch the video above and tell us what you think in the comments.
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