Dear Money Lady, My adult daughter just moved back home to save money and brought her boyfriend with her. I like the boyfriend, but right now he doesn’t have a job…
I always told my kids I would help them as best I could – but I never thought they would come back to live with me. I am 74 and I like living on my own and I don’t think I can afford to keep them here. Please help. (PS: they also have two big dogs and I have a 12-year-old cat – ouch!). Margaret I feel for you Margaret – you need to set some ground rules – NOW !! Today there are many parents like Margaret. While helping our children is something we expect to do as parents, at least until they are financially independent, it is important to realize the long-term cost this can have on our own future. Many parents are still financially supporting their adult children or have them still living at home with no costs, free rent, and the fridge full. Unfortunately, [...]