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The Clark Howard Podcast

10.06.22 Adult Kids on The Parental Dole / Privacy Alert: Health Apps & Sites

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 6 October 2022

⏱️ 32 minutes

🧾️ Download transcript

Summary

Once upon a time, people were considered adults and on their own by age 18. Today, that’s not the norm. Parents often keep “emerging adults” on their cell phone & streaming plans, health & auto insurance and subscriptions - due in part to family plan tie-ins. Thoughts on when and how to cut the cord. Also, what you should know about health apps and medical searches, and your most personal privacy. The Parental Dole: Segment 1 Ask Clark: Segment 2 Health Apps & Sites And Your Privacy: Segment 3 Ask Clark: Segment 4 Mentioned on the show: 7 ways to make your kids money-savvy for the future [The Washington Post] Health apps share your concerns with advertisers. HIPAA can’t stop it. DuckDuckGo — Privacy, simplified. Brave Browser: Secure, Fast & Private Web Browser How Many Bank Accounts Should You Have? - Clark Howard The Best Places To Buy Tires Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you to the Clark Howard Show Our Missions to serve you and

0:09.9

empower you to make better financial decisions in your life.

0:15.4

This episode used to be common when you turned 17, 18 years old.

0:22.1

You were on your own.

0:23.8

I have a friend who at 15 was on his own.

0:29.4

Today, that's not the norm.

0:32.0

In fact, people argue what is the age that someone becomes an adult.

0:38.5

Now they use this term, emerging adult.

0:42.6

So today, so many connections to our kids continue that are financial.

0:51.0

They stay on our family cell phone plans, our health insurance.

0:56.3

I'm guilty of that for my 23-year-old, both of those things.

1:02.7

And is it right for us to do that as a parent to keep our kids involved financially where

1:11.2

we're taking care of some of these things for them?

1:15.1

It's a tough question.

1:16.7

And later, I've talked about all my trackers.

1:20.8

I've got my Garmin fitness tracker, my Samsung smartwatch, my aura ring.

1:28.1

And yes, I guess that I have an obsessive issue that I'm doing all this.

1:34.3

But do you know that some of the health places out there are spying on us, tracking us,

1:42.2

and sharing our information with others?

1:47.5

Do you know if anything you're doing is doing that kind of stuff?

1:50.8

We're going to talk about that.

1:53.3

So this came up as a topic to talk about in the podcast when we were having a meeting

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