The term "boomerang children" refers to an adult child who returns to live with their parents for economic reasons.

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Boomerang children, or boomerang kids, are terms used to describe the phenomenon of an adult child returning home to live with their parents for economic reasons after a period of independent living. Boomerang children, or boomerang kids, are terms used to describe the phenomenon of an adult child returning home to live with their parents for economic reasons after a period of independent living. Often, boomerang children return to their parents for economic reasons such as low wages, low savings, high debt, or unemployment, or global financial crisis. Generationally, the term references the economic shift that occurs after the Baby Boom generation, based on the notion that subsequent generations, including Generation X and Millennials, could be the first generations in American history to earn less than their parents. Boomerang children are young adults or other adult children who move back in with their parents after living independently.

Boomerang Children

Dually employed with kids (DEWKS) describes a household in which there are children and both partners earn an income. 

More Young Adults Lived With Their Parents in 2019

DEWKS stand in contrast to couples that both work but have no children, known as dual income, no kids (DINKS).
Dually employed with kids (DEWKS) is a slang phrase for a household in which there are two incomes and also children. Couples in a DEWKS household must often weigh the costs of child care with take-home income to see whether or not it makes financial sense to work or stay home and perform the child care themselves. DEWKS families are marketing targets for toys, children's clothes, breakfast cereals, and other goods and services that pertain to children. Dually employed with kids (DEWKS) refers to a household in which there are children and both partners earn an income.

Dually Employed With Kids (DEWKS)

A small saver certificate (SSC) is a deposit savings account that has no minimum balance requirements.

A small saver certificate (SSC) is a deposit savings account with a small minimum balance requirement or no minimum at all. A small saver certificate (SSC) is a deposit savings account with a small minimum balance requirement or no minimum at all. A small saver certificate (SSC) is a deposit savings account that requires a small minimum balance or sometimes no minimum at all. Some small saver certificates are more competitive than others and pay rates similar to regular CDs with similar maturities. Banks and credit unions encourage holders of small saver certificates to set up recurring deposits, usually on a bi-weekly or monthly basis.

Finances With Children

More in Personal Finance

Terms in Finances With Children

Boomerang Children

Dually Employed With Kids (DEWKS)

Small Saver Certificate (SSC)