Reply to It's OK for college grads to move back home for a while.

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Reply to "It's OK for college grads to move back home for a while."

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[quote=Anonymous]My DS graduated from college in 2022 with a job.  The job is local (we're in Fairfax County) and he decided to just stay at home for a year or so and save money.  He ended up living at home for 2 years.  He moved into a townhouse in Arlington with three other guys a few months ago.  In the two years at home, he saved close to a total of 100K - almost $50K in his 401K (two years at the max contribution plus his employer's contribution.). His rent is reasonable and he is still able to save the max in 401K plus a reasonable amount in his general savings.  He hopes to be able to buy his own place in a couple of years.

While he was at home, DS was responsible for his own laundry, cleaning his room and his bathroom. He paid for his own car insurance and gave us money for his cell phone and a nominal amount of rent - basically what I was spending on food for him.  Yes, he did get a home cooked meal most nights.  And DH and I would include him most of the time when we would go out to dinner.  All I asked of him was to be a "respectful roomate" - clean up after himself; let me know if he'd be home for dinner; let me know if he wasn't planning on being at home (if he was going to crash on a friend's couch.).  He helped us out with dog sitting a few times when DH and I went out of town.

Overall, it was great having him at home.  But I did bite my tongue a few times when he reverted to teenage behavior.  I know he is really glad he was able to save a significant amount of money and he has told his two younger brothers to stay at home for at least a year when they graduate.[/quote]

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