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The best age to move out of parents house: Pros and Cons.

For most, moving home isn’t fun, but what is the best age to move out of parents house and why should you do it? If you’re trying to save money, this is one of the most productive methods of saving. If you’re doing it correctly.

Not long ago, I wrote a post answering the question: the best age to move out of parents house? I’m answering the contrary today… should you go back to living with your parents?

For your parents, moving back in sucks. Simple and plain. And it’s not that you don’t love them. Your style is just cramped. But it’s still a smart financial choice to move in with your parents.

Chances are they don’t charge you rent (or if they are, it’s severely discounted), you might share in the cost of electricity, and let’s be frank, you’re likely to eat their food.

Although your wallet may be ideal for moving in with your parents, it may limit your life in many ways. Let’s take a look, even if it’s just temporary, at the pros and cons of making this major step.

The best age to move out of parents house Pro is: You’re going to save money

Obviously, this is the most common explanation why individuals move in with their parents, and the biggest pro. They’re not going to charge you upwards of $900 like a landlord does, unless your parents are very mean.

Since you’re their boy, if you mooch off them for a while, they’re likely to let it go. You will eat their food, use cables, internet and take long hot showers for which you don’t have to pay.

Make sure you do not take advantage of their hospitality, as annoying as it may be to have your parents in the same room as you. You are now an adult, after all.

Pro: Your parents can also save money.

If you set up an agreement that’s more like a landlord-tenant relationship with your parents and you’re charged rent (even a few hundred dollars), your parents could even make a little money keeping you around. Your parents would provide free childcare for you if you have siblings. Your parents won’t have to change their existing food budget if you buy their own food.

Pro: You can pay off debt from student loans

Millennials have a lot of debt from student loans. A great deal. The best time to handle some of the debt is to move back home.

Trust me, when you have a million other bills, it becomes a lot more difficult to pay, even the minimum payment on your loan.

You’ll probably be tempted to blow whatever spare cash you have on nights out, so it will save you a lot of stress in the future by paying off your student loan debt as early as possible.

Pro: Maybe you’ll be healthier?

If I’m honest, my diet took a downhill slide the minute I moved out of my parents’ house and consisted mainly of potatoes and mac and cheese. Fortunately, now I am lucky enough to live with my wife who prepares wonderful, nutritious dishes and has taught me to do the same.

But I ate better while living with my parents, too. I ate more vegetables, mostly because if I didn’t, I’d be given a lecture. I often found myself eating regularly whatever my parents purchased at the supermarket, which luckily included more than just items of potato and cheese.

The best age to move out of parents house Con is: You may not be healthier than you are.

There are plenty of individuals that fall on the other side of the scale. You can get a little nut from your parents so you stay out all nights instead of enjoying family meals. This, both for your food and your wallet, is not safe.

That quickly brings me to my next step...

Con: When you live with your parents, it’s easy to over spend

While saving on large monthly expenditures such as rent, cable, and utilities is easy, you’d be shocked (or perhaps not) at how easy it is to spend on frivolous stuff.

You may try to kill time by going to the movies, hanging out at coffee shops, going to concerts, taking trips with your friends, besides going out. You get the idea.

Probably, you won’t watch your spending if you don’t have to save money to survive, so your money go rapidly.

Create a budget even though it seems unnecessary. It’s the only way that you can really see how much you invest and save.

Con: There is a way to make you feel like a child again by staying at home.

It feels strange living in your childhood apartment. It fills you with memories of nervous music that you’d rather not admit you’ve been listening to, and nights of sitting up until four in the morning, doing absolutely nothing about surfing the internet.

According to Susan Clayton, a College of Wooster environmental psychologist,

When you visit a place you used to live, these cues [memories] can cause you to revert back to the person you were when you lived there.

This can be good or bad, depending on the kind of adolescent you are. (But, let’s be frank, it’s probably terrible for the most part). We’re growing up, and that means we generally don’t want to go back to the people we once were.

Having your mom scream at you because your room looks like a toxic zone and it doesn’t help you grow up to eat everything your parents buy.

Of course, all of this depends on your situation and your relationship with your family. But, even though you have a wonderful relationship with your parents, it can still take a toll on everyone to move back home. Particularly if you’ve spent the last few years living an independent life.

Franklin Porter, the psychologist, states:

Moving home by choice to save money before grad school is very different than wanting to be independent but not being able to for whatever reason.

You would probably be pretty bitter about it if you return home because your life has taken a downward spiral. You might end up taking it out on your mates. If, though, you move back home because you want to save enough to keep yourself from taking out another big student loan, it probably won’t be too bad to put up with your parents for a little while.

The best age to move out of parents house summary:

Ultimately, if saving money outweighs the psychological consequences of living back home, you’ll need to decide. Although rent or energy bills may not be paid by you, your spending may go unchecked. This suggests that you will not make the most of living with your parents again.

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