Reply to I would rather pay for an apartment for my dc

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[quote=Anonymous][quote=Anonymous]My sister lived with our parents after college.  She lived with them for 3 years.  Every month she put $2500 into a savings account.  That what she figured she would have spent in rent, food, and utilities.  She also put a bit away each month for savings.  When she bought her house, she was able to put down $125K which isn't bad for a 26 yr old.

Having seen this play out, I would let my kids live with me after college.  As parents we are all trying to give our kids the best start in life....we look for good school districts so our kids have a good education and we try to pay for college so they are not burdened with student loans. This is just one more way that people can set their kids up for financial success.[/quote]

Yes to this. This is such a gift to give to a young person, to allow them to not have to spend ever penny of their income in their first job on living expenses, so that they can actually get a foothold in the world.

I would also happily host my kid while they did an unpaid internship that could help them launch their career, or while they attended graduate school if that's what they wanted. [/quote]

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