The recession has made it more common for adult children to live at home with their parents. High unemployment, college debt, and housing costs are causing many young people to delay moving out on their own. If you’re a parent who wants to help your kids while encouraging their independence, these are important factors to consider.

Financial Considerations

  1. Charge rent. Love means introducing your kids to the real world. Paying for housing will help them to become more responsible and understand the consequences of their actions. It’s also good for their self-esteem.
  2. Let them work it off. There will be cases where cash payments are impossible. Give your children the option to contribute in other ways. For example, they can help by painting the house or completing other household chores.
  3. Teach money skills. Discuss the basics of creating a budget and sticking to it. Talk about using credit responsibly and adding to your savings on a regular basis.
  4. Plan for the future. Job hunting is hard work. Praise your children for making an effort. Offer advice and referrals if they are open to them.
  5. Set time limits and conditions. It’s wise to support your kids in a way that gives them a better chance for success. Make it clear that you are letting them move back in for 6 months or a year. You can always extend the time if the circumstances warrant it.
  6. Modify your support as needed. Strategic limits on your assistance reduce the risk of creating a sense of entitlement. It’s okay for you to change the terms and amount of aid if you think a different arrangement would work better.
  7. Act in unity with your partner. Parents need to present a unified front. Negotiate between yourselves first about what assistance you can offer your children.
  8. Protect your own retirement. Think long term. Covering your own retirement expenses will take the pressure off in your later years and avoid placing a future financial burden on your kids.

Personal Considerations

  1. Abandon any sense of stigma. Studies show that more young adults are living at home compared to any time since the 1950s in the US. The figure has almost doubled since 1980. Rest assured that you have plenty of company and this is no reflection on you.
  2. Talk things over. Communication is critical when you have more people under one roof. Address potential conflicts promptly and respectfully.
  3. Draft an agreement. Put things in writing to avoid misunderstandings. You may want to lay out the key house rules.
  4. Establish curfews. You and your kids probably have very different bedtimes now. Let them know the quiet hours you need. Taking shoes off by the door can also minimize nighttime disruptions.
  5. Decide on overnight guests. You have the right to determine sleeping arrangements under your roof. Set aside a guest room for girlfriends and boyfriends if it makes you more comfortable.
  6. Learn from other cultures. Much of the world still follows traditions where grandparents, parents and children live together. You may want to give the idea another look.
  7. Enjoy getting to know each other. For however long you share the same home, there is a special connection present in parents and children living together as adults. Be open to seeing your sons and daughters in a new light.

The recession has had at least one good result in bringing many families closer together. Managing a multi-generational household is challenging, but the rewards are significant. Take pleasure in each other’s company and support your adult children in getting ready to launch out on their own.

Co-Founder Weekends.Family
  • https://www.facebook.com/weekends.family
  • https://www.twitter.com/weekends.family
  • https://www.instagram.com/weekends.family/
  • https://www.pinterest.com/weekendsfamily/pins/

I’ve been in education most of my adult life. From teaching leadership classes at universities to leadership training for businesses.
What amazes me most is how unprepared our current and future leaders are. This lack of readiness, combined with declining corporate ethics is a recipe for disaster and a danger to our society.
So, how can I fix it? I’m just one person, right? That’s what went through my head for so long until I realized that I can’t fix it, but I can do my part to improve it. I knew I needed to start reaching people younger. Teaching them how to be confident, conscious, and independent is a great start to creating great leaders.
So, how should I do it? That’s a question I thought about for a while, then it hit me! I do it through the parents. Give parents the tools to create these little beauties that can save our society!
Parents have so much influence on children. It is my goal to give parents the tools they need to help raise confident, independent, and strong children.
And that is how Weekends.Family was born!

May 6, 2019
Weight is a concern that people can experience at any age. However, for children, the concern is not only one of physical health, but also healthy self-esteem. Some kids can be mean to others with weight challenges. And no parent wants to know that their kids are being ostracized because of their weight! If your […]
May 6, 2019
I didn’t feel particularly close to my parents growing up. It isn’t that they were bad parents. I just felt little to no connection a lot of the time… like they simply didn’t understand me. Reflecting back on my teenage years, I remember a lot of striving to discover who I am and to carve […]
May 1, 2019
Parenting: the most beautiful and frustrating thing in the entire world. Some days you feel like you are on top, and others, you want to crawl back into bed and hope no one finds you. Parenting from the inside out helps you develop a strong bond with your children while breaking free from unrealistic expectations. […]
May 1, 2019
With life moving so rapidly, you may feel like you are missing out on precious time with your child. It’s even easier to feel like you aren’t as connected to your child as you’d like to be.  Sometimes you might not know how to regain that bond you’d love to have with your child. Here […]
Apr 21, 2019
Who’s been sleeping in your bed? If your child is waking you up at night wanting to climb under the covers with you, you could be missing out on the rest you need to handle your responsibilities at work and home. More importantly, it’s important for your child to develop the confidence to become more […]
×
Co-Founder Weekends.Family

I’ve been in education most of my adult life. From teaching leadership classes at universities to leadership training for businesses.
What amazes me most is how unprepared our current and future leaders are. This lack of readiness, combined with declining corporate ethics is a recipe for disaster and a danger to our society.
So, how can I fix it? I’m just one person, right? That’s what went through my head for so long until I realized that I can’t fix it, but I can do my part to improve it. I knew I needed to start reaching people younger. Teaching them how to be confident, conscious, and independent is a great start to creating great leaders.
So, how should I do it? That’s a question I thought about for a while, then it hit me! I do it through the parents. Give parents the tools to create these little beauties that can save our society!
Parents have so much influence on children. It is my goal to give parents the tools they need to help raise confident, independent, and strong children.
And that is how Weekends.Family was born!

  • https://www.facebook.com/weekends.family
  • https://www.twitter.com/weekends.family
  • https://www.instagram.com/weekends.family/
  • https://www.pinterest.com/weekendsfamily/pins/
Latest Posts
  • Secret to Making Mom Friends