Kids living at home

[Sorcerer]

Just read another article. 30% of young adults in Nevada live with their parents. Guess this will be the new norm moving forward.

 

[Qs Laptop]

Nearly 50% of "kids" ages 18-29 are living at home. I know several different families who have kids in this age group still at home. And no, they are not in college.

Nearly 50%? Don't think so.

https://www.voronoiapp.com/real-estate/Where-Young-Adults-Are-Most-Likely-to-Live-With-Their-Parents-8069

 

[MarieIG]

At this point, I have one living at home. He contributes to the household, is working his tail off with OT saving for a house, investing, and maxing out his retirement accounts. If we can help him, I am glad to do it.

 

[Cassius King]

I'm too prideful. I would and did work two jobs to avoid asking anyone for anything. I'd rather go without or starve than know I was dependent on someone as an adult. A young adult needs to make it on their own for their own confidence.

There are a lot of kids/young adults these days that are coddled, labeled and over prescribed. Life is tough, giving them an excuse doesn't help them.

 

[Keim]

We made 2 things clear to our kids at a young age:
1. They only got one shot at college. We had saved enough for 4 years at an in state.
2. They are always welcome home in an emergency...as plan C.

A close family member was not so clear in their messaging. Their kids both took extra semesters in college, and bounced back home several times before finding themselves.

 

[6miths]

We have 4. The first 3 moved out to start university and never came back. Two have houses and the third seems to like being more mobile. The last one saw a big empty house and considered the lifestyle implications. At 26, he is finishing his PhD in two months, engaged to his high school sweetheart who just graduated vet school. We just came back at looking at house with them. I think we are good and I can not wait to downsize.

 

[statsman]

Our kid graduated from college and lived at home for almost two years afterward. It took a few months to get a job. We didn't push because the Bachelor's degree was obtained in three years plus the subsequent summer completing the remainder of the required general elective courses at a local JC. For us, an entire year's worth of tuition and R&B had been saved.

During the next 18 months, 3/4ths of that time was spent working out-of-state on extended business trips, which had a lot of OT hours available. After the 3rd such trip, our kid came home to say they were moving from California to Texas, the main out-of-state work location.

I was concerned about the financial ramifications with this decision until our kid indicated they had $40K in savings. They also had living arrangements in a two bedroom apartment with someone back in Texas. With the 4th year of college funds still available, we used a small portion of that to move her belongings and her vehicle to Texas.

 

[Sorcerer]

I'm too prideful. I would and did work two jobs to avoid asking anyone for anything. I'd rather go without or starve than know I was dependent on someone as an adult. A young adult needs to make it on their own for their own confidence.

There are a lot of kids/young adults these days that are coddled, labeled and over prescribed. Life is tough, giving them an excuse doesn't help them.

The labeled is a big one. By attaching a label to everything, that somehow makes the process of not growing up...ok? Someone has a kid that is labeled as over emotional. So what? Being over emotional doesn't put money in an account. Suck it up and deal with life.

It's almost to the point where it's hip to have a label. It's a great exit strategy for the youth as to why they can't get it together.

 

[ArmchairMillionaire]

The labeled is a big one. By attaching a label to everything, that somehow makes the process of not growing up...ok? Someone has a kid that is labeled as over emotional. So what? Being over emotional doesn't put money in an account. Suck it up and deal with life.

It's almost to the point where it's hip to have a label. It's a great exit strategy for the youth as to why they can't get it together.

Like the t-shirts at Wal-Mart say, "Adulting is hard".

 

[HappilyRetired]

This is what $3600/mo gets you where I live. View attachment 62614

Where is this? In my town that home would be $20k a month minimum!