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Young adult living at home

Last year, 18 perce nt of 25 to year-olds in the Netherlands were living with one or both of their parents, against 42 per cent in the entire European Union. The lowest shares are seen in the Nordic EU countries. Among 20 to year-olds, similar but less significant differences exist between EU countries. In most EU countries, more than half of people in their early twenties live with their parents. Denmark, Finland and Sweden are the only exceptions. Source: CBS, Eurostat.
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Rules for Young Adults Living at Home

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Four house rules for your adult child - RBC Wealth Management

Just because they've grown up doesn't mean they've left the nest. Here's how to handle it financially. If you have an adult child living at home, you're not alone. The phenomenon dates back to the financial crisis, but has continued-perhaps due to debt. About two-thirds of college graduates have significant student loan debt, which can make it difficult for them to take on all the costs of setting up their own households. And young people generally have higher unemployment rates and earn lower salaries, which can compound the issue. Whether your child is part of the boomerang generation-having returned home after graduating from college or completing a stint in the military-or never left, here's how you can watch your finances while helping your son or daughter prepare for the future.
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Four house rules for your adult child

Regardless of your feelings regarding the merits or demerits of millennials and their younger counterparts, being a fledgling adult is harder in some ways than it used to be. Two years ago the Pew Research Center reported that for the first time in years adults ages 18 to 34 were more likely to live with parents than with a romantic partner. For one thing, more young people are waiting later in life to get married, if they do at all.
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The financial needs of young adults and their ability to support themselves is a much different scenario from what it was when their parents were in their 20's and even their 30's. According to the U. Census Bureau, in there were 6 million young adults ages 25 to 34 living at home. For some families, having adult children living at home is a help.

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All сomments (13)

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