If the past year has left your finances in a bit of a lull or you want to save for a house of your own, you might be considering moving back in with your parents.
Living back with your parents can be quite an adjustment – especially after having your own space. But sometimes you have to take a few steps back in order to take steps forward.
No matter what reason you have for moving back, it is always good to list the pros and cons, as well as gathering tips to help make the move seamless and successful.
Identify the pros and cons
Everyone has their own reasoning for moving back in with their parents. But there are a few pros and cons that can be considered by most people.
To start, you can save a lot of money by moving back. Even if you agree to pay your parents rent, it will still be nowhere near the amount it costs for your own place.
It is also a great, secure place to make plans for the future. If you are working towards your dream job or need a permanent residence to apply for jobs, moving back can provide this.
If you are wanting to be more family orientated, moving to your parent’s home can give you the backboard for creating a strong bond with your parents and other relatives. When adults live together and respect each other’s boundaries, a stronger connection can be built.
Another reason children move home is to look after their elderly parents. Moving home can help to save money for healthcare or for emergencies.
As for the cons, the whole process can be difficult. Parents can struggle to take off the parenting reigns and acknowledge their children are no longer dependent. Meanwhile, adult children need to respect their parent’s home and lifestyle. Setting boundaries for each party will be a trial-and-error process which can feel a little awkward to start with.
Another significant downside is that children can become dependent once more. After having to do everything for yourself, you might revel in the fact everything is done for you. This could lead you to having less motivation to get out and achieve your goals.
How to make it work
- Discuss how much your parents would like you to contribute before you move in
- Set boundaries about curfews, private space and socializing in the house
- Find somewhere to store your excess things. San Diego storage locations offer units of different sizes on a budget to suit you.
- Get out of the house everyday
- Find a way to stay motivated on your end goal
- Remember it is not forever
- Create ways to save money
Creating a balance between your old and new lifestyle will be a learning curve. Depending on how much space you and your parents have to share, will create its own set of problems. It is important that communication is kept clear, and everyone is on the same page. Moving back with your parents can work and may be just what you need to get your career off the ground.