PHOTO: Emily Power – YouTube

TWO years ago, Emily Power sparked a national debate, and a fair amount of disbelief, when she wrote a column titled, “I am 33 and my parents give me pocket money”.

The property journalist and fashion guru revealed how, due to her inability to manage her own finances, she had handed over total control to her parents. Only they have access to the bank account where her wages are paid. After bills and major expenses are deducted, they give her just $200 a week in cash to live on.

The so-called “Pocket Money Savings Plan” was Power’s solution to the millennial dream of getting onto the property ladder. The column quickly went viral, with reaction blowing up on talkback radio, social media, and even Channel 10’s The Project.