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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.