Tag Archives: debt
Millennials and Tax Day
It’s that time of year again – Tax Day – and even though the economy is improving, it still feels like Uncle Sam is taking a big bite out of our income. We’re all given a few extra days to file and pay this year since Emancipation Day falls on April 15 but nonetheless we recognize the fiscal challenges Americans are still facing. I remember when one of our sons got his first paycheck for a summer job while he was in high school. He came home with it and … Continue reading
Posted in adult children, parenting kids, stress, your self
Tagged adult children living at home, boomerang kids in the nest, debt, exit strategy, Millennials, safety net, student loans, Tax Day, young adults
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Celebrating holidays with your adult children
In these times of stress, fear and uncertainty, we turn to family and friends for comfort – and to time-tested rituals for feelings of security. Particularly in this holiday season, many will come together to honor customs and gain a sense of stability. Yet as families grow and change, so do holiday celebrations. Now that Hanukkah is here, relatives are gathering in various constellations across the country. For some, the family is smaller as older parents become infirm and adult children move away. For others, relatives travel across the country … Continue reading
Posted in adult children, extended family, parenting kids, your self
Tagged " adult children, Boomerang kid, challenges, Chanukah, debt, family, Festival of Lights, financial, Hanukkah, holiday, job loss, parents, relatives, return home, rewards, student loans, support
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whose couch is it anyway?
Remember when the word boomerang conjured playful images of thrown sticks coming back to you? Those times are long gone. These are the opening words of our new book, Whose Couch Is It Anyway? Moving Your Millennial, which looks at the boomerang phenomenon through the stories of five families whose Millennial kids have returned home. These families are not alone – over 20 million young adults between the ages of 18 and 34 are living with their parents today, an all-time high. The causes of their return to the nest … Continue reading
Boomerang Kids Moving Back Home After College
Not since the Great Depression have so many fledgling adults moved into the empty nest with mom and dad. This cyclical trend has accelerated along with the economic crisis. So many of our kids are dealing with school loans or debts and can’t find a job. It makes sense for them to head for home, where there’s the hope of some emotional and financial support. The statistics have changed markedly over the past few years. Monster’s 2009 annual entry level job outlook reports that 40% of 2008 college graduates moved in … Continue reading
Posted in adult children
Tagged Boomerang kids, debt, economic crisis, empty nest, family, family rules, fledgling adults, parenting, school loans
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