Tuesday, October 21, 2014

Cutting The Cord

{Photo Credit}

As a millennial, I still have a hard time understanding why some in my generation want to live at home and rather than living on their own. To me, that exemplified success and that you could support yourself while figuring out your financial life along the way. Of course, some days were better than others were but I would not trade those "hard days" for the world. They made me into the financially aware person that I am today. 


This recent NPR article suggests that parents should not panic if their 25 year old is still living at home, but I do have to question the long-term effects on them. How are they learning to prioritize? How are they learning to budget if they do not have to worry about the roof above their head or groceries in the refrigerators? I know of parents who are charging their kids rent and kudos to them. The argument of talking to your children more when they live at home is a valid one, as you do tend to talk to people that you see on a daily basis. Nevertheless, that should not be the reason why parents have not "cut the cord" as the article suggests.

5 comments:

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  2. I lived at home through university. When I graduated I had saved up enough for a down payment on a condo.

    Living at home as an adult wasn't easy, but I do think it was an acceptable and mature decision for me to make.

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