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re: How old were you when you left the nest ???
Posted on 1/17/18 at 1:22 pm to JudgeHolden
Posted on 1/17/18 at 1:22 pm to JudgeHolden
quote:
But that ain't the point. Point is that the youngins ain't leaving home. There are a lot of reasons for that, some economic. Sometimes the parents don't want to cut the cord. Sometimes it makes financial sense (of a sort) for the kid. But I don't see it as a real positive development for the future.
It's the "etc" in the list of expenses that bothers me. (Prepare for the you-kids-get-off-my-lawn). The younger folks look at things like cable and wifi and lattes as a birthright. I knew a dude who lived in a one-room on Chimes Street with no indoor plumbing, taking showers in the nearby stadium dorms and eating rice sandwiches when the money got low. I wasn't that poor (I had plumbing), but I did realize that there was shite I couldn't afford if I wanted to get my degree. I don't see a lot of folks in the younger generation who would be willing or able to bust arse like that.
Blame who you want. The problem is real.
I agree with this. I moved out when I was 22. My parents lived close enough to to university that I attended, it made more sense to live with them, than to move out at that time. I graduated in May and moved out in August, though.
There are too many people who are just "okay" with mooching off of their parents even after they graduate and are working their "career". I know someone who graduated in May, and has been working since June with no plans of moving out of her parent's home. When I ask her about it, her response is "I can't afford that". I couldn't afford to move out on my own when I was 22 either, so I got together with two of my friends and split an apartment. At some point you have to attempt to be independent, but it's like there is no desire for some of these people to live on their own. It's likely she'll live with her parents until she gets married, then "mooch" off of her husband at that point with no will to have independence.
I guess I just don't understand it.
Posted on 1/17/18 at 1:37 pm to JudgeHolden
quote:
I find that hard to believe.
Just as an example, a meal plan for someone living in a dorm at McNeese is $1600 for the year. Assuming the student doesn't go home for fall and spring breaks and the semester break, that is alittle less than $200 a month.
My family of 3 eats on about $400/month. To me, that's pretty expensive for one college kid.
Posted on 1/17/18 at 1:45 pm to JudgeHolden
quote:I can't speak for the rest of my generation, but yeah, I ain't living like that
My sense is that very few American millennials are willing to live like that.
Posted on 1/17/18 at 2:14 pm to JudgeHolden
quote:
but I did realize that there was shite I couldn't afford if I wanted to get my degree. I don't see a lot of folks in the younger generation who would be willing or able to bust arse like that.
Yep they don't want a decrease in lifestyle. Independence isn't nearly as important anymore.
Even friends kids who left home for college are only doing it because mom and dad are paying for it. That's not independence.
Posted on 1/17/18 at 2:22 pm to Rouge
quote:A lot of trust fund kids that go to Highland Park High School (Dallas) used to live across Hwy 75 in apartments in The Village. Their parents set them up for a year or two of high school so they'd be ready to go off to college. That way they learned to write checks for rent, set up maid service, take their laundry to the cleaners, etc.
Never
Trust funds are awesome
Posted on 1/17/18 at 2:24 pm to RogerTheShrubber
quote:
Yep they don't want a decrease in lifestyle.
Yep, and these same people also have zero idea how much it costs for their parents to provide the type of lifestyle that they grew up with and still enjoy.
Posted on 1/17/18 at 2:29 pm to Epic Cajun
quote:
Yep, and these same people also have zero idea how much it costs for their parents to provide the type of lifestyle that they grew up with and still enjoy.
Yeay this dude I work with moved out of his parents house into his grandparents, and he's so proud... dude is 30. His biggest expense is entertainment.
Posted on 1/17/18 at 2:33 pm to chinese58
quote:
That way they learned to write checks for rent, set up maid service, take their laundry to the cleaners, etc.
That certainly helps them learn the expense side of life. Hope they learn the income side as well.
Posted on 1/17/18 at 2:55 pm to Darth_Vader
quote:
Been in my own more or less since my grandmother died when I was 14. Bounced around from place to place living with different relatives on my fathers side. Spent time living in different parts of north Alabama, Alaska, and Georgia. Even spent a little time homeless, although not too many nights spent sleeping in a park. Most of the time I’d crash at friends houses for a few days until their parents decided it was time I moved on.
Did Hells Angels adopt you?
Posted on 1/17/18 at 3:05 pm to Epic Cajun
quote:
There are too many people who are just "okay" with mooching off of their parents even after they graduate and are working their "career".
My parents hated to see us waste money on rent. They were fine with any of us living with them while we were single working adults. None of us took too much advantage of their kindness. As long as we were saving some money and not using them as a free hotel they were fine with us staying. None of us stayed past our early 20's.
Posted on 1/17/18 at 3:11 pm to Epic Cajun
quote:
I know someone who graduated in May, and has been working since June with no plans of moving out of her parent's home. When I ask her about it, her response is "I can't afford that". I couldn't afford to move out on my own when I was 22 either, so I got together with two of my friends and split an apartment.
The nerve of her to make a fiscally responsible decision at the expense of moving into a dumpster apartment with her broke friends..
Posted on 1/17/18 at 3:11 pm to Fewer Kilometers
quote:
My parents hated to see us waste money on rent.
It's not really a waste, it's the cost of figuring out life on your own and establishing some independence.
This other 22 year old that I know says that he doesn't want to waste money on rent. I told him to move in with a few friends and he claims that it's immature to move in with roommates post college. But, apparently it's not immature to freeload off of your grandparents
Posted on 1/17/18 at 3:14 pm to FLObserver
I left at 18 for college but my parents still paid most of my expenses so I wasn't independent
Posted on 1/17/18 at 3:19 pm to yellowfin
18... did 4 years in the army, stayed the weekend at my parents home when i came back... went out partying and caused a ruckus and we mutually agreed me staying any longer wasn't going to work. I had saved money to find my own place quickly. Parents enabling their kids to stay is laughable, cut the cord or make your kids grow up. I work with people that live at home still, my age (late 20's) and it is really amusing that they don't see a problem with it.
Posted on 1/17/18 at 3:21 pm to Epic Cajun
quote:You can find a decent 1 BR for about $1,000 in most cities. Obviously not NYC, Bay Area, etc.
told him to move in with a few friends and he claims that it's immature to move in with roommates post college.
That's not that bad.
Posted on 1/17/18 at 3:23 pm to TH03
mid 40s and still nesting.....don't give a frick what the OT thinks.....concept is called a "joint family". Sure there are positives and negatives but the positives far outweigh the negatives!
Posted on 1/17/18 at 3:25 pm to GreatLakesTiger24
$1000 for a 1 BR not that bad?
That’s a mortgage note on a 3 BR starter home.
That’s a mortgage note on a 3 BR starter home.
Posted on 1/17/18 at 3:26 pm to GreatLakesTiger24
quote:
You can find a decent 1 BR for about $1,000 in most cities. Obviously not NYC, Bay Area, etc.
That's not that bad.
I agree, but he sees it as $1000 less than he could be saving for a down payment. I also burst his bubble and told him that a bank probably won't give him a mortgage without 2 years of work history
Posted on 1/17/18 at 3:26 pm to Bamboozles
Negative... never being married or having a girlfriend
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