Photo by PoPville flickr user JRoseC
I was reading responses from Friday’s Question on how much do you make vs. how much debt do you have. While I was writing my response, another question came to mind…My shortened response and question:
I lived in DC for 2 years (09-11) paying $1350 a month. I know I could find something for less, but I lived in crappy shitholes all throughout college and I just really wanted something comfortable and a place I actually wanted to be in. Here was my thinking…I could afford the rent and all the other experiences (some unnecessary) that came with living in the city, but I was saving nothing! I turned 25 and started looking into going back to school and purchasing a new car (which I do need for my job) and realized I had no money in my saving and the thought of incurring a giant debt was making me suicidal (not really, but ya know). Sooo, I bit the bullet, moved back home and started to put money in the bank. I have now paid off and finished the school program I decided on (and could afford) and almost have enough money for the new (HYBRID!!) car I want. I know there is a stigma about grads, or in my case 4-5 years out of college, still living with your parents, but honestly I think it’s a smart move if you have the option and can tolerate it. Personally, it was one of the best decisions I ever made because for real…SHIT’S EXPENSIVE! Thoughts about the whole “I’m 26 and still live with my parents” situation?
So, is being in your mid twenties and still living with your parents totally cool these days or a big N-O? I tend to feel that as long as you are working toward something, it’s totally fine.