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When the Kids Move Back Home.

Authors :
VINCENT, ELLA
Source :
Kiplinger Personal Finance. Apr2024, Vol. 78 Issue 4, p60-61. 2p. 1 Color Photograph.
Publication Year :
2024

Abstract

The article discusses the increasing trend of adult children moving back in with their parents. Economic factors such as student loan debt, credit card debt, and rising rents are contributing to this phenomenon. The article provides advice for parents on how to navigate the financial challenges of having adult children living at home, including setting boundaries, using technology to communicate about finances, and collaborating on financial goals. It also emphasizes the importance of parents taking care of their own finances and not neglecting their retirement savings. [Extracted from the article]

Details

Language :
English
ISSN :
15289729
Volume :
78
Issue :
4
Database :
Academic Search Index
Journal :
Kiplinger Personal Finance
Publication Type :
Periodical
Accession number :
175576941