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Reply to "Daughter wants to move back home "
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[quote=Anonymous]Absolutely. This is why successful immigrant communities do well. It makes no sense for her to pay $2-3k a month in rent when she lives 15 minutes away and wants to live at home. In a year she would save 25k and in two years 50k. I lived at home when started teaching. I was able to live at home and save money for graduate school from ages 25-27. Turns out I got a scholarship so graduate school ended up being free. I was able to use the money I saved for a down payment for a house. [/quote]
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