As an adult child, moving back into your parents' house can be a significant decision. It's important to consider the benefits, challenges, and practicalities of this transition.
Moving into your parents' house can offer several advantages:
- Financial benefits. According to NerdWallet, adult children who live with their parents save an average of $18,000 per year on housing costs.
- Emotional support. Living with your parents can provide a sense of community and belonging.
- Increased flexibility. Moving back home can free up time and resources, allowing you to pursue other goals, such as education or career advancement.
Step | Description |
---|---|
Communicate your intentions. Discuss your decision to move back home with your parents openly and honestly. | |
Set clear boundaries. Establish ground rules for living together, including privacy, chores, and financial contributions. | |
Consider a trial period. If possible, try living together for a short period before making a long-term commitment. |
Financial empowerment: A recent study by Pew Research Center found that 36% of millennials aged 18-34 live in their parents' homes. For many, this decision allows them to save money and pursue financial goals.
Emotional connection: A study by AARP found that 79% of adult children who live with their parents feel closer to them.
Increased flexibility: A report by the National Bureau of Economic Research showed that adult children who live with their parents are more likely to pursue higher education and start businesses.
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