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re: How old were you when you left the nest ???
Posted on 1/17/18 at 10:24 pm to GreatLakesTiger24
Posted on 1/17/18 at 10:24 pm to GreatLakesTiger24
quote:same
18, but I was on the payroll until I was 23
Posted on 1/18/18 at 8:38 am to Restomod
17.....rough few years but everything worked out
Posted on 1/18/18 at 8:52 am to Epic Cajun
quote:
My parents hated to see us waste money on rent.
quote:It's a waste. You're paying off someone else's mortgage for them. Work until you have enough for a down-payment then pay your own mortgage.
It's not really a waste, it's the cost of figuring out life on your own and establishing some independence.
You can brand it as "being independent", but if your parents have a half-empty house and you're paying someone else to live in their's, you're just throwing money away so that you can say that you don't live with your folks.
If you want to brag that you're now wearing big-boy pants, then pay your parents rent. At least that way the money is staying in your family.
Posted on 1/18/18 at 12:13 pm to Fewer Kilometers
quote:
You can brand it as "being independent", but if your parents have a half-empty house and you're paying someone else to live in their's, you're just throwing money away so that you can say that you don't live with your folks.
Well, not everybody has the option to stay with momma until the downpayment is saved up. And independence is usually worth paying for.
If I believed that the launch-failers of this generation were saving up for a house of their own, I might agree with you. I don't think that is happening much. I think they are spending the money on shite.
All that said, you did remind me of a guy I know who lived with his parents until marriage, and I think he did use the chance to save money for a house. So maybe you are right in some cases. But I think he is a pretty exceptional case. If you are reading this, you know who you are. Email me with thanks for the shout out.
Posted on 1/18/18 at 12:15 pm to FLObserver
18
reported for Summer workouts as a freshman ahead of LSU football season. That was a brutal welcoming to the business of big time ball.....
reported for Summer workouts as a freshman ahead of LSU football season. That was a brutal welcoming to the business of big time ball.....
Posted on 1/18/18 at 12:20 pm to Fewer Kilometers
quote:
It's a waste. You're paying off someone else's mortgage for them. Work until you have enough for a down-payment then pay your own mortgage.
You can brand it as "being independent", but if your parents have a half-empty house and you're paying someone else to live in their's, you're just throwing money away so that you can say that you don't live with your folks.
Why buy a house at all if that's the case? Why not just save a ton of money and invest it for your retirement while living with your parents? Eventually they'll die and you can just keep living in their house, then you'll have a fantastic retirement account and a free house.
That sounds awesome!
Posted on 1/18/18 at 12:21 pm to Epic Cajun
quote:
Why buy a house at all if that's the case?
You know what you call people who move out of their parents' house and buy a home for themselves?
You call them grownups.
Posted on 1/18/18 at 12:25 pm to FLObserver
18. Moved out in August after my Senior year and never spent a single night at home again. My borderline personality disorder stepmother made that a simple decision.
My 19 year old freshman daughter lives in a dorm at LSU. She wants to move home next year because she loves our home/her family so much. She says "I'm so lucky to have you guys" and her Mom gets all teary. All I can do is laugh.
My 19 year old freshman daughter lives in a dorm at LSU. She wants to move home next year because she loves our home/her family so much. She says "I'm so lucky to have you guys" and her Mom gets all teary. All I can do is laugh.
Posted on 1/18/18 at 12:56 pm to FLObserver
I lived with my parents temporarily as late as 28. I had been on my own renting and wanted to buy a house so my parents let me stay at their place for 9 months while I saved a ton. It was a huge boost financially and I was able to put 20% down on a great place. Also was nice to spend some time with my parents.
Posted on 1/18/18 at 2:25 pm to JudgeHolden
quote:
Well, not everybody has the option to stay with momma until the downpayment is saved up
Not saying it's for everybody. But from the sound of things on the OT, most folks here didn't grow up in a one bedroom one bath home.
And I know guys in their 40's who are still living with their parents and using their parents' generosity to stay in low-pressure low-responsibility jobs.
But if your parents have lots of room, staying there till you have a downpayment for a starter home or condo isn't a sign that you're a loser.
A couple of years living with mom and dad sounds a lot more adult to me than a decade of living with roommates.
Posted on 1/18/18 at 2:52 pm to Langland
Been in and out a few times. Left at 18 when I went to college, but my parents paid the rent for me and my brother.
Moved back in with my parents at 20 because it was getting too expensive and I couldn't stand living with my brother anymore. Stayed there until I moved out for grad school when I was 24. Came back for the summer and once again after I graduated when I was 26. Stayed home for one month until I got my first big boy job and moved to Houston.
I did move back for two months when I got laid off when I was 30. Other than that, been pretty much on my own since then.
With my experience, I wouldn't mind my kids (none yet but will one day) living at home well into their 20s so they can save up money instead of wasting money on rent. Wouldn't let them live at home 'rent free' thought. I would expect them to contribute in some way. Still would be a lot cheaper than being on your own.
Moved back in with my parents at 20 because it was getting too expensive and I couldn't stand living with my brother anymore. Stayed there until I moved out for grad school when I was 24. Came back for the summer and once again after I graduated when I was 26. Stayed home for one month until I got my first big boy job and moved to Houston.
I did move back for two months when I got laid off when I was 30. Other than that, been pretty much on my own since then.
With my experience, I wouldn't mind my kids (none yet but will one day) living at home well into their 20s so they can save up money instead of wasting money on rent. Wouldn't let them live at home 'rent free' thought. I would expect them to contribute in some way. Still would be a lot cheaper than being on your own.
Posted on 1/18/18 at 2:56 pm to Fewer Kilometers
quote:
A couple of years living with mom and dad sounds a lot more adult to me than a decade of living with roommates.
You're right, those are the only two options.
I moved out, and lived with roomates for 2 years while I saved up some cash, and paid for grad school. I'm not sure where you got "a decade of living with roommates" from.
Posted on 1/18/18 at 3:33 pm to FLObserver
17. Left for the military. I hated where I lived (East Feliciana parish) and all I wanted was out.
Posted on 1/18/18 at 9:54 pm to FLObserver
18... went to undergrad, then pharmacy school, then moved to BR after school, and now in Dutchtown....
Posted on 1/18/18 at 10:09 pm to chRxis
18. Went to LSU, then bought a condo with my now ex-wife after I graduated. I did live with my sister briefly after I got divorced. That was similar to moving back home. It was only a couple months though.
This post was edited on 1/18/18 at 10:10 pm
Posted on 1/18/18 at 10:18 pm to FLObserver
18, when I left for college. Never been back but love visiting my folks. Great people.
Posted on 1/19/18 at 2:34 am to FLObserver
18, went to BCT two weeks after I graduated HS
This post was edited on 1/19/18 at 3:11 am
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