Comments on: Live with your parents. Seriously. http://itellstories.org/2008/07/21/live-with-your-parents/ Wed, 17 Mar 2010 02:45:55 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Sameer Vasta http://itellstories.org/2008/07/21/live-with-your-parents/#comment-1406 Sameer Vasta Mon, 01 Dec 2008 01:00:18 +0000 http://eloquation.com/?p=488#comment-1406 To each their own Melanie. Especially if the home situation isn't conducive to this kind of arrangement. Good luck with everything, I'll keep my fingers crossed for you! To each their own Melanie. Especially if the home situation isn’t conducive to this kind of arrangement. Good luck with everything, I’ll keep my fingers crossed for you!

]]> By: Melanie http://itellstories.org/2008/07/21/live-with-your-parents/#comment-1405 Melanie Mon, 01 Dec 2008 00:29:01 +0000 http://eloquation.com/?p=488#comment-1405 I'm about to leave home against my parents wishes with nothing more than a plane ticket, bag, and small wallet. Will I regret it mabey, will I fail possibly... but what I will regret more is not leaving, and giving into my parents wishes to go to an economicaly reasonable college and become an accountant... This is on top of the fact that i never made above a "D" in my Math classes ever. My thing is to just follow your dreams. If your happy living at home, more power to you. I’m about to leave home against my parents wishes with nothing more than a plane ticket, bag, and small wallet. Will I regret it mabey, will I fail possibly… but what I will regret more is not leaving, and giving into my parents wishes to go to an economicaly reasonable college and become an accountant… This is on top of the fact that i never made above a “D” in my Math classes ever. My thing is to just follow your dreams. If your happy living at home, more power to you.

]]> By: Neil http://itellstories.org/2008/07/21/live-with-your-parents/#comment-1192 Neil Mon, 13 Oct 2008 13:01:56 +0000 http://eloquation.com/?p=488#comment-1192 Hi I think if you and your parents are comfortable with this arrangement then it makes a lot of sense. I also think that if people have the discipline to pay off debts/save in this way the financial future is pretty good anyway! I know a lot of people that live at home and just spend all the money! In my case I left the family home at the age of 20 because I didn't want to be a burden to my parents/wanted to experience the big bad world. As a result I'm still struggling with my finances nearly 20 years later :( but I think that's down to my personality rather than the decision to leave home. Thanks for the interesting post. Neil Hi

I think if you and your parents are comfortable with this arrangement then it makes a lot of sense. I also think that if people have the discipline to pay off debts/save in this way the financial future is pretty good anyway! I know a lot of people that live at home and just spend all the money!

In my case I left the family home at the age of 20 because I didn’t want to be a burden to my parents/wanted to experience the big bad world. As a result I’m still struggling with my finances nearly 20 years later :( but I think that’s down to my personality rather than the decision to leave home.

Thanks for the interesting post.

Neil

]]> By: Sameer Vasta http://itellstories.org/2008/07/21/live-with-your-parents/#comment-927 Sameer Vasta Tue, 29 Jul 2008 11:27:33 +0000 http://eloquation.com/?p=488#comment-927 Fair enough Patricia. That being said, I'm not sure the maturity card plays all the time either. I know many people that went away for university and that came back to live with their folks for a few years to pay off their debt that are doing quite well on the maturity scale -- it really depends on the home situation, I guess. Fair enough Patricia. That being said, I’m not sure the maturity card plays all the time either. I know many people that went away for university and that came back to live with their folks for a few years to pay off their debt that are doing quite well on the maturity scale — it really depends on the home situation, I guess.

]]> By: patricia http://itellstories.org/2008/07/21/live-with-your-parents/#comment-928 patricia Mon, 28 Jul 2008 23:51:42 +0000 http://eloquation.com/?p=488#comment-928 Yeah, I was going to add that that answer only applies to a certain percentage of the youth population. I for one did not really have that option. In fact, the best decision I could have made was to move out and make it on my own at the age of 21. My husband's background was even more challenging than mine – he was on his own at the age of 16. As nice as it would be to live without debt, I must confess that I notice a big difference in the maturity levels of people who live at home with their parents past the age of say, 24, than with those who have supported themselves from a young age. There are certain life lessons one acquires being independent from an early age, that are worth the price of some debt, in my opinion. So what advice would I have given my younger self? Nothing, actually. I treasure all the things I've learned along the way, no matter how hard the experiences were at the time. Yeah, I was going to add that that answer only applies to a certain percentage of the youth population. I for one did not really have that option. In fact, the best decision I could have made was to move out and make it on my own at the age of 21. My husband’s background was even more challenging than mine – he was on his own at the age of 16. As nice as it would be to live without debt, I must confess that I notice a big difference in the maturity levels of people who live at home with their parents past the age of say, 24, than with those who have supported themselves from a young age. There are certain life lessons one acquires being independent from an early age, that are worth the price of some debt, in my opinion.

So what advice would I have given my younger self? Nothing, actually. I treasure all the things I’ve learned along the way, no matter how hard the experiences were at the time.

]]> By: Sameer Vasta http://itellstories.org/2008/07/21/live-with-your-parents/#comment-926 Sameer Vasta Sun, 27 Jul 2008 00:22:31 +0000 http://eloquation.com/?p=488#comment-926 Mark, I was lucky enough to graduate with very little student debt. Thank god. I think that was done because I was not only diligent in finding funding opportunities that were available to me, but because I also went to the school where I felt I could learn the most, and not necessarily the one which had the biggest name. Mark, I was lucky enough to graduate with very little student debt. Thank god. I think that was done because I was not only diligent in finding funding opportunities that were available to me, but because I also went to the school where I felt I could learn the most, and not necessarily the one which had the biggest name.

]]> By: Mark http://itellstories.org/2008/07/21/live-with-your-parents/#comment-925 Mark Thu, 24 Jul 2008 17:55:16 +0000 http://eloquation.com/?p=488#comment-925 My advice to my 22yo self: either 1) get off my butt and actually research some scholarships I probably could have earned if I had only applied, or 2) don't go to the expensive private university. Avoid student loans like the plague, old self. My advice to my 22yo self: either 1) get off my butt and actually research some scholarships I probably could have earned if I had only applied, or 2) don’t go to the expensive private university. Avoid student loans like the plague, old self.

]]> By: Sameer Vasta http://itellstories.org/2008/07/21/live-with-your-parents/#comment-919 Sameer Vasta Wed, 23 Jul 2008 19:56:51 +0000 http://eloquation.com/?p=488#comment-919 I've spoken to a few people recently who have told me that living with their parents wasn't an option for various reasons. Eye-opening, to be sure. Love your credit card tip Danielle. Though I'd extend it to say, "Don't hold balances on your credit card. Ever." I’ve spoken to a few people recently who have told me that living with their parents wasn’t an option for various reasons. Eye-opening, to be sure.

Love your credit card tip Danielle. Though I’d extend it to say, “Don’t hold balances on your credit card. Ever.”

]]> By: Danielle http://itellstories.org/2008/07/21/live-with-your-parents/#comment-923 Danielle Wed, 23 Jul 2008 15:11:46 +0000 http://eloquation.com/?p=488#comment-923 How I wish that was ever an option for myself. Another tip - don't hold balances on your credit card while you're paying off a stupid loan or something equivalent, those extra dollars could GO into the loan instead of the credit card companies wallets-- bastards. How I wish that was ever an option for myself.

Another tip - don’t hold balances on your credit card while you’re paying off a stupid loan or something equivalent, those extra dollars could GO into the loan instead of the credit card companies wallets— bastards.

]]> By: Sameer Vasta http://itellstories.org/2008/07/21/live-with-your-parents/#comment-924 Sameer Vasta Tue, 22 Jul 2008 20:49:33 +0000 http://eloquation.com/?p=488#comment-924 Karim, you're absolutely right on giving to the poor. Always important to remember other people when planning ahead. Karim, you’re absolutely right on giving to the poor. Always important to remember other people when planning ahead.

]]>