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re: What would you do if your millennial kid was unemployed after college?
Posted on 7/19/17 at 11:48 am to Slippy
Posted on 7/19/17 at 11:48 am to Slippy
My dad had a six month rule. He would put a roof over my head and food in my stomach. He would help with bills if they go too out of hand, but you had to get a part time job to help yourself out. After the six months is up, you either move out or get a better paying job and help out. It worked pretty well for me. After I graduated undergrad, I didn't have a job lined up. I moved back home and started working at the local grocery store. After six months, I used plan C and applied to grad school and eventually moved out.
0
Posted on 7/19/17 at 12:42 pm to Dire Wolf
quote:
what the hell are you talking about? The person graduated college probably in the spring or summer semester, given the timing of this thread. Doesn't have a real job yet. If home is Houston/dallas/NOLA/etc renting can be really expensive on a BS salary. Most people don't want to live at home but it is often necessary given the market. I do agree that people in my age group need to adjust their expectations on what their first job out of school will be.
You raise good points. I will recognize your point that my scenario isn't universally applicable. It is possible to be a recent college grad that is not aimless and who has ambition. I do recommend that parents support that person by allowing them to live at home for the time it takes for them to get on their own.
I do agree with those parents who allow their adolescents plenty of time to get started in life. I do believe that this is the best way to build generational wealth in your family -- set the kids up for success so that they can make more than Mom or Dad.
Posted on 7/19/17 at 1:18 pm to Slippy
quote:
Obviously you take him/her in, and you give them an opportunity to get on their feet.
A lot of people giving grief about this but I would expect an reasonable parent would do this for a 22-24 year old trying to get on their feet, but with caveats regarding what they do during this time (get some kind of job and pay some form of rent) and how long it will last.
My youngest son is 18, about to start at LSU. I fully expect him to be wotking rather quickly when he gets out of school. My to older kids (in their 30s) pretty much went to work right after high school in some fashion or another. Never really had to support them.
Posted on 7/20/17 at 8:26 am to Slippy
Once they come back I have found it's almost impossible to get them out.
Posted on 7/20/17 at 8:34 am to Slippy
They can live at my house under 2 conditions.
1. The second you stop actively looking for a job, you're out.
2. Don't eat all the blue bell
1. The second you stop actively looking for a job, you're out.
2. Don't eat all the blue bell
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