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Adult Children
Reply to "Anyone's parent ask them to move out of the house after college? How did they say it?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We let our son live at home for 2 1/2 years after graduation and he saved more than $100k. We did not charge rent. Great start for him. Do not regret it at all.[/quote] One of my friends parents did this, it depends on the adult child how this goes. As soon as they moved out and got their own place they spent all the money their parents encouraged them to save while living at home. So this approach may backfire, if the child themselves is not motivated to save for some reason, or becomes to accustomed to not paying for daily living expenses. [/quote] One would assume they are paying other living expenses and saving so they understand the responsibilty. [/quote]
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