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Money and Finances
Reply to "Michelle Singletary - WAPO finance expert has three failure to launch kids in their 20's living at home - RENT FREE"
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[quote=Anonymous][quote=Anonymous]You all are assuming the non-launched adult kids are saving the money they aren't paying in rent. That would be great if they are but I know of families where they aren't. Instead they spend way too much money on their car and their night life and are in for a rude shock if they ever do have to pay rent. If I had this arrangement with my adult kid I would require proof that they are saving the money and if they aren't I would charge them rent.[/quote] +1 Often, the kids are: -not motivated to further their education or even seek out skilled labor, because they do not have the motivation to seek a high paying job--since they are living at home, they do not feel the brunt of needing to pay for rent or a mortgage, utilities, etc. And therefore, as part of a vicious circular cycle, the kids are -not contributing in a meaningful to household expenses, because "well, I just can't afford to, because I don't make a lot of money at my job, it's tough out there" (however kid wouldn't consider getting two jobs, because that is seen as offensive these days to Gen Z) -parent at home is a single mom to these boys who have not launched, but she is not going to do anything to alienate the only men in her life -parent at home doesn't have an education and/or has never had a well paying job so doesn't know how to encourage the kids to get out there and advance beyond unskilled work, and subconsciously may think why should I encourage my kids to do something I didn't do, what does that say about me? Ask me how I know...a sibling/aunt to a family like this, and I get asked for money all of the time.[/quote]
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