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1) Moving in with mom and dad could be a good thing or a bad thing.
I remember when LeAnn and I graduated from JBU. We had plans to go with TEAM to Venezuela and work at Christiansen Academy. We needed to raise our own funds in order to go, and so to save money, we lived with LeAnn's folks in Topeka, KS. It was a great situation because LeAnn and I respected her folks, their household, and made an effort to help with the maintenance of the home (meals, cleaning, yard work, etc.). It also worked because LeAnn's parents respected us as a family and allowed us to make our own decisions in matters that concerned us.
But without the mutual respect and love for one another, I don't think it would have been a good situation. We had only been married one year when we moved in with them. We had strange jobs and hours. We were poor and didn't pay rent (which was what they wanted as a way to help us get to Venezuela faster).
I think many young adults need to think twice before moving back in with their parents (and the parents need to think twice before allowing it). Do you, as a young adult, have a plan for the next year? When do you plan to move out? Can you respect your parents and the culture of their home? Are you willing and capable of helping with the functioning of the household? Will you approach the situation more as a servant than as the adult child of your parents?
2) Debt. According to the article, the main reason these young adults are moving back in with Ma and Pa is because of debt, which is usually from college loans. This is why good financial decision making is such a necessity - and even needs to begin in high school. If you do not have debt, I encourage you to do everything you can to stay out of it. If you do have debt, I encourage you to have an aggressive plan to get out. Sacrifice that nicer car. Sacrifice the toys (i.e. video games, bikes, skis, IPod, etc. for guys - shoes, clothes, movies, IPod, etc. for the girls (and forgive me for the stereotypes!)). Heck, sacrifice the Starbucks for breakfast, the Panera for lunch, and the Olive Garden for dinner (and Perkins late night). Get aggressive and get rid of the debt. You will be so much freer when you are out of debt and will have so much more to give.
3) Identity. Moving in with the P's can mess with a 20-something's identity. It is important for a young adult to learn who they are as God has made them to be. Sometimes parents can project their wishes and desires on to the young adult. Or it can be considered "shameful" to still live at home in some circles. And so if you find yourself a 20-something living at home, please respect your parents, but pursue the identity God has for you. Find out what YOU are passionate about, what YOU are skilled at, who YOU are as a man or a woman.
4) Motivation. It has been my experience to meet many young adults who, as back-home live-ins, lack the motivatation to get their own place and establish their own identity. They often struggle to find work, or go to school, or find a better job, or find healthy relationships with peers. If debt is involved, it can be even more overwhelming and squelch whatever motivation may have been hiding in the mind. If you find yourself in this situation, I encourage you to stay motivated to get out on your own, and establish yourself. God wants us to be givers and contributors, and if you remain an unmotivated home-slug, you aren't living in sync with God's heartbeat.
So those are my thoughts on 20-somethings living back at home with large debt. What are yours?
-E