When Mom and Dad don't want you back
Hey, 'boomerang' kids: Your parents may want a life of their own. Why not let them have it?
I have a friend whose oldest daughter, "Lindsay," got pregnant in college, dropped out and moved back home. And there she stayed for much of the past eight years, continuing to make dismal choices in men and causing a lot of drama for her mama.
Lindsay moved in with the most recent loser, who told a string of lies and then lit out for the territories. Now Lindsay wants her mom and dad to look for a rental house where they can all live together once more.
My friend, "Marie," hasn't given an answer yet. But she told me what it will be:
Marie raised her kids and has spent years raising her first grandchild. She's provided child care, rides to work, clean laundry, home-cooked meals. She's put everyone else's needs first. And she's had enough.
Understand: If Lindsay were at risk of homelessness, Marie would be there in a heartbeat. But Lindsay can cover her rent. She just doesn't want to do the very hard work of making a place for herself and her kid.
I'm wondering how many other young adults think it's perfectly OK to go "home" when the going gets tough.
The first line of defense
Full disclosure: I got pregnant at 20 and moved in with my mom. I was sick, she insisted and I gave in. Although I was grateful for the help that she (and later, my stepfather) gave, I moved out as soon as I could get the money together.
So, yes, I know that sometimes people move back home when faced with illness or unemployment. These days, young adults are often hammered with extremely high student loans, too. I'm not talking about those circumstances.
No, I'm thinking of people who don't even consider other solutions. You know: getting a roommate, finding a cheaper place, cutting expenses to the bone to make ends meet until times get better. That's what grown-ups do.
I'm talking about those for whom Mom and Dad are the first line of defense. I wonder how many of them consider the impact they'll make on their parents' budget -- or on their parents' personal lives.
Taking on a higher monthly rent payment and two more mouths to feed is not a smart move. Yes, Lindsay would kick in with room and board, but she's been casual about such payments in the past. Now that Jack isn't working, he can no longer cover the expenses until his daughter comes across with her share.
They've done their job
Lindsay is a grown woman. Her parents could let her come home, but they wouldn't be doing her any favors. They'd simply be perpetuating her perpetual adolescence.
They might also be dooming themselves. At midlife, faced with underemployment and no cash reserves (long story there), Marie and Jack might end up in the poorhouse if they keep propping up their daughter's life.
- Video: Is Google losing its edge?
They've done their job as parents. They're near enough to know that daughter and grandchild are not in any immediate danger. But that's as close as they need to get, or should get.
If you're thinking about moving "home," be honest with yourself. Is there any other solution? What will you be giving up to move in with your parents -- and just as important, what will you be taking away?
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
ABOUT SMART SPENDING
LATEST BLOG POSTS
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'