Some self-help from Time - What to Do When Your Adult Kids Are Terrible With Money
Maybe because your degree in “climate change studies” or “peace studies” or “green technology” isn’t that feasible in the real world...except as a barista.
This hasn’t been a problem in my home.
Rather than go for a “garbage degree”, our son went for an ME (Mechanical Engineering) degree. Since some of his credits from his first year college didn’t transfer over to Texas Tech, he finished his degree in 4.5 years.
Degree in hand, he hired on with a good firm and hasn’t looked back, from his own place and not smothering in debt.
Needless to say I am proud of him.
>> is one of those so-called “boomerangs.”
I wonder how many of these “boomerang” kids is the product of “helicopter” parenting? Helicopter parents seem to produce the most infantile, parasitic children I’ve ever seen.
I got a thing from my health plan a few weeks ago that said I could cover my kids up to age 30 (instead of 22) because of commiecare.
I thought, yes, that’ll work. By age 30 the odds are NO one will want to pick them up for a decent price (lots of people get something during their 20’s that makes them difficult to insure) and then there is going to be a whole bunch of 30 year olds crying because they have no insurance.
I told my kids to stay on their private plans- which, by the way, the companies keep sending them letters trying to get them off.
Spot on. It's all about achievement. I took jobs digging ditches, felling timber, and operating heavy machinery. During job interviews, prospective employers in 3-piece suits were visibly impressed with a "can do" attitude. No job too big, too small, or too dirty. You want it done? I can make it happen.
Sounds like a common lib with a govt job and pity dripping out of her...ear.
Families sticking together in hard times wasn't always a bad thing.
Lots of boomers didn't get around to having kids until their 30s or even later. These parents might actually benefit from having a younger adult on the premises. In some cases, it's that or cash in the assets and head for Shady Pines. In some cases, it's pay the lawn guy, the grocery delivery, the taxi, the laundry...all the home repairmen...the snow shoveler...get the picture?
Hey, Carol! Do you feel sorry for the parents when your employer sends out the tuition bills?
You can’t always live at home when going to college.
However, to answer the question more directly, they don’t have to figure it out. Their parents will, because Obamacare covers you until you’re 25.
If I had it to do over, I think I’d offer my kids a deal. If they didn’t go to college, I’d give them a lump sum eqal to 10% of whatever tuition I’d be saving. And from there they’d be on their own.
This is great. We had the Baby Boomers, now we have the Boomerangers.
Hmm ... I continued to work my same warehouse job after I graduated from college for 6 months. My new (and still my) wife and I saved up money while working various jobs so we could move to a city. We chose Portland, and because we worked during school, we networked our way to interviews in Portland.
Living at home was never an option, and I remember when having $300 in our checking account after bills meant that we were rich.
Today’s coddled collegiate children (and yes, if you live at home past the age of 18, you’re still a child to me) have never experienced hardship or going without luxuries. Sometimes parents need to exercise tough love, and letting Junior live at home after college is just enabling him, IMO.
It was a mistake to grant the vote to 18 year olds. I was smart enough to vote for Ford over Jimmuh when I was 18, but most college kids can't spot cons, ideological or the con men types.
My kid went off to college at 17, and except to come home for summers in college has been gone ever since - works 700 miles away - that was 17 years ago.
It was a mistake to grant the vote to 18 year olds. I was smart enough to vote for Ford over Jimmuh when I was 18, but most college kids can't spot cons, ideological or the con men types.
you mean kids with $200k+ worth of college debt asking for $40-60k+/yr right out of school aren’t getting jobs?
you mean those touchy-feeling bullsh*t degrees aren’t appealing to business owners?
you mean businesses would rather spend $2-10k/yr for offshore labor that has experience?
whoa... who could’ve seen this coming...
/dripping-sarcasm
my friend’s kid is a big lib, all gung-ho Obama all during the ‘08 campaign. kid graduated in ‘10 and can’t buy a job. whenever I see him I ask him how that hopeychange thing is working out for him..
" but she said it’s to early to say for sure. "
Another Journalist betrayed the by Spell checquer.
But they passed "Liberal Feeling".
Burdened with debt, few marketable skills...and their so-called "loser" buddies who went straight into a trade are only about 25% unemployed vs 85%.
I'd bet 1/2 the waitresses in the US have a degree...along with the beauticians.
It's as big a scam as "real estate will always go up".
If I had a college degree an the ability to become an officer in the military it would be a no brainer.