I have two adult children living at home with us and our two teens. Both adult children are hard working, have jobs, paying a small amount for there “room and board”, they contribute to cooking and cleaning or house maintenance. And they have great savings accounts (not enough for a house). We think it’s a win-win. We help each other out and save money that way. Btw. We do Not make a lot of money and do Not have a big house.
“When are we going to wake up and admit that our system is failing?”
You can’t wake up people who have been lulled into a perpetual sleep? And, frankly, they aren’t interested in coming out of it. Too many vines in the vineyard. You can’t even identify the grapes anymore.
The system has already failed. For whatever reason, the powers in charge of the American dog and pony show are propping it up until they don’t anymore. That day has to be soon because how long can you keep the creatures from kicking down the fence when you run out of bread and circuses?
Young people living w/ parents after high school grad. are losers esp the men. We had roomates to share the rent and went to work. Utilities and furniture then was incl in rent, and we made it on lower wages than now. Parnets don't teach kids values, responsibility and work ethics for decades. Schools and churches don't either. Now they are wondering why their kids are real losers.
On the other end of the spectrum are the older folks who also can’t afford to live alone. Those who didn’t own homes or couldn’t afford to keep them and can’t afford the rents, particularly those who are alone and don’t have pensions. There are many. Social security is minimal and many are having to move in with their children. Some people have their adult children and a parent all living in their home. I suppose that’s helpful with everyone contributing but doing it out of necessity more than choice isn’t ideal. It’s tough all around.
Ones I know of doing this are helping with expenses food, utilities and they should. Or move into section 202 low income housing. Anyone without pension or 401k wasted money on crap and didn't save or reponsible while working. Sick parents sometimes move in w/younger family members or a nursing home.
Or they didn’t make a lot, maybe ended up raising kids alone and had nothing extra to save. There are people who don’t have retirement through no fault of their own also.
Anyone working can save soemthing. We didn't at first when young, then got a 401k and now draw it monthly, until our 90s, also there wasn't all this crap available (electronics) back then and people wern't as materialistic. I knew women w/ kids whose husbands died younger, or killed in war. Got on gov. assistance and housing. People make choices to have kids which come with risks, instead of staying in the workforce, which I did (child free, retired and glad).
And that is why you believe anyone can save something. You’d need to experience a different life situation to know the many reasons why that might be difficult for some. There are so many factors, where one lives being a big one. I won’t go into my own experience here. There’s a reason we have a phrase about walking a mile in someone else’s shoes.
I am very fortunate. My two boys (24 and 26) still have very good jobs and are living on their own. I am living in my own home, that I love, with a fixed rate mortgage just over 2%. My payment is probably half what my kids are paying for rent. I'm not going anywhere until they haul me out on a gurney. Their rooms are available, if God forbid, something bad does happen. I rolled my IRA over into silver (in a vault in Texas) and when the stock market and banks crash (which they will), I will be quite comfortable. I know God provides, but sometimes you have to be smart about things.
If it's an IRA, you can't store it yourself. Besides, am I supposed to keep it in my home? Even in a safe, if someone holds a gun to my head, I am going to open it for them..
It's in a separated area, with guards, sprinklers and is insured by Lloyd's of London. I have made a few withdrawals, so it's really there, and I trust my financial advisor implicity.
You are fortunate and a great planner as well. I hope you continue to be in a good place and your boys are fortunate to have a place to go should they need it. God bless.
It's impossible to prepare for everything. Fortunately, I am not afraid to die, if it gets that bad. I try not to worry about my boys, but mothers always worry.
God bless you and keep you and may His countenance shine down upon you.
In our church we have had several very young couples m army. They are not living at home but need family and church support. When this gets worse their current status will be unattainable. Just another sign whats to come.
So when the man of sin comes and overthrown this mess and promises solutions if we follow him and his signs and wonders the world will run after him including those claiming christ. Jesus said if you try to save your life (what the AC promises) you will lose it. But if are willing to lose your life for my sake (suffering and martyrdom) will gain eternal life. The sifting of the church.
Churches have fallen into apostacy over decades wit few exceptions. mainline denominations 501c3 churches are gov. controlled and pastors are not allowed to speak openly on certain issues. Most are social centers preaching on social justice, so more are doing family church or meet with small study groups outside the system.. Hierarches can hire and fire if pastors don't stick to guidelines. Same with sunday school teachers as I have been told.
Yes. Yes. And why aren’t these “living with parents” protesting. You know. Protesting like young people protested Vietnam? Out on the streets protest for their forever living at home? I get all the reasons why but really don’t get the placidity of acceptance.
I have two adult children living at home with us and our two teens. Both adult children are hard working, have jobs, paying a small amount for there “room and board”, they contribute to cooking and cleaning or house maintenance. And they have great savings accounts (not enough for a house). We think it’s a win-win. We help each other out and save money that way. Btw. We do Not make a lot of money and do Not have a big house.
“When are we going to wake up and admit that our system is failing?”
You can’t wake up people who have been lulled into a perpetual sleep? And, frankly, they aren’t interested in coming out of it. Too many vines in the vineyard. You can’t even identify the grapes anymore.
The system has already failed. For whatever reason, the powers in charge of the American dog and pony show are propping it up until they don’t anymore. That day has to be soon because how long can you keep the creatures from kicking down the fence when you run out of bread and circuses?
Young people living w/ parents after high school grad. are losers esp the men. We had roomates to share the rent and went to work. Utilities and furniture then was incl in rent, and we made it on lower wages than now. Parnets don't teach kids values, responsibility and work ethics for decades. Schools and churches don't either. Now they are wondering why their kids are real losers.
On the other end of the spectrum are the older folks who also can’t afford to live alone. Those who didn’t own homes or couldn’t afford to keep them and can’t afford the rents, particularly those who are alone and don’t have pensions. There are many. Social security is minimal and many are having to move in with their children. Some people have their adult children and a parent all living in their home. I suppose that’s helpful with everyone contributing but doing it out of necessity more than choice isn’t ideal. It’s tough all around.
Ones I know of doing this are helping with expenses food, utilities and they should. Or move into section 202 low income housing. Anyone without pension or 401k wasted money on crap and didn't save or reponsible while working. Sick parents sometimes move in w/younger family members or a nursing home.
Or they didn’t make a lot, maybe ended up raising kids alone and had nothing extra to save. There are people who don’t have retirement through no fault of their own also.
Anyone working can save soemthing. We didn't at first when young, then got a 401k and now draw it monthly, until our 90s, also there wasn't all this crap available (electronics) back then and people wern't as materialistic. I knew women w/ kids whose husbands died younger, or killed in war. Got on gov. assistance and housing. People make choices to have kids which come with risks, instead of staying in the workforce, which I did (child free, retired and glad).
And that is why you believe anyone can save something. You’d need to experience a different life situation to know the many reasons why that might be difficult for some. There are so many factors, where one lives being a big one. I won’t go into my own experience here. There’s a reason we have a phrase about walking a mile in someone else’s shoes.
I am very fortunate. My two boys (24 and 26) still have very good jobs and are living on their own. I am living in my own home, that I love, with a fixed rate mortgage just over 2%. My payment is probably half what my kids are paying for rent. I'm not going anywhere until they haul me out on a gurney. Their rooms are available, if God forbid, something bad does happen. I rolled my IRA over into silver (in a vault in Texas) and when the stock market and banks crash (which they will), I will be quite comfortable. I know God provides, but sometimes you have to be smart about things.
I wouldn't trust the vault...
Well, you do you.
If it's an IRA, you can't store it yourself. Besides, am I supposed to keep it in my home? Even in a safe, if someone holds a gun to my head, I am going to open it for them..
It's in a separated area, with guards, sprinklers and is insured by Lloyd's of London. I have made a few withdrawals, so it's really there, and I trust my financial advisor implicity.
You are fortunate and a great planner as well. I hope you continue to be in a good place and your boys are fortunate to have a place to go should they need it. God bless.
It's impossible to prepare for everything. Fortunately, I am not afraid to die, if it gets that bad. I try not to worry about my boys, but mothers always worry.
God bless you and keep you and may His countenance shine down upon you.
In our church we have had several very young couples m army. They are not living at home but need family and church support. When this gets worse their current status will be unattainable. Just another sign whats to come.
So when the man of sin comes and overthrown this mess and promises solutions if we follow him and his signs and wonders the world will run after him including those claiming christ. Jesus said if you try to save your life (what the AC promises) you will lose it. But if are willing to lose your life for my sake (suffering and martyrdom) will gain eternal life. The sifting of the church.
Churches have fallen into apostacy over decades wit few exceptions. mainline denominations 501c3 churches are gov. controlled and pastors are not allowed to speak openly on certain issues. Most are social centers preaching on social justice, so more are doing family church or meet with small study groups outside the system.. Hierarches can hire and fire if pastors don't stick to guidelines. Same with sunday school teachers as I have been told.
The Grease model.
Yes. Yes. And why aren’t these “living with parents” protesting. You know. Protesting like young people protested Vietnam? Out on the streets protest for their forever living at home? I get all the reasons why but really don’t get the placidity of acceptance.