Although the economy is on the mend, a still-tight job market in many areas and a load of student debt will force many 20-somethings to move back home this spring—and stay for a while. And they'll be joining plenty of last year's graduates who still can't afford to move out on their own.
But financial experts say young adults can use a return to the family nest as an opportunity to focus on paying off debt and start a savings plan for both the short and long term.
In the book, Boyle recounts the pleasures of "long evenings walking in the woods, camping by the beach at the weekend, cooking food that you've grown and picked yourself, cycling, listening to acoustic music by a camp fire, wandering in the wild foraging berries, apples and nuts, skinny-dipping in the lake, and sleeping under the stars."
-By MSN Money partner
Just how much of a bummer is it to be well past the age of adulthood and still living under your parent’s roof? As this living arrangement grows increasingly common, the perception is that it’s not so bad after all.
In fact, living with mom and dad can be pretty sweet.
Democrat, Liberal, Government, Obama, Financial, Funny, Narrative, Oops, Socialism, Healthcare, Regulation
Discouraging news about rising costs, however, obscures some counterintuitive good news: The first step toward getting more bang for our healthcare buck is for consumers, rather than insurance companies or the government, to bear more responsibility for the cost of healthcare decisions. That appears to be happening, which could be the early stage of a reversal in a long trend of skyrocketing medical costs. Consumers won’t feel relief right away, but if the trend continues, it will be good for the entire country.
Democrat, Liberal, Incompetence, Obama, Financial, Narrative, Economy
What most people would call unemployment, Van Gorkom embraced as "funemployment." While millions of Americans struggle to find work as they face foreclosures and bankruptcy, others have found a silver lining in the economic meltdown. These happily jobless tend to be single and in their 20s and 30s.
Liberal, Narrative, Economy, Jobs
These jobless folks, usually singles in their 20s and 30s, find that life without work agrees with them. Instead of punching the clock, they're hitting the beach.
Democrat, Liberal, Obama, Narrative, Oops, Economy
The people aren’t really tiny, but their homes are — 150 to 200 square feet of living space, some with gabled roofs, others with bright cedar walls, compact bathrooms and cozy sleeping lofts that add up to living spaces that are smaller than the walk-in closets in a suburban McMansion… If these affordable homes — which maximize every inch of interior space and look a little like well-constructed playhouses — are the dream, they represent a radically fresh version of what it takes to make Americans happy.
Liberal, Tax, Narrative, Bigbrother
Rather than being afraid of a higher tax bracket, it’s better to be afraid that you’ll wind up in a place where your income is so low that you don’t have to pay taxes.
Liberal, Narrative, Press, Bigbrother, Economy
1. There is no physical reason to retire. 2. Continued work can support healthy aging, including better physical and mental health. 3. Well-being and happiness are boosted when people are engaged in challenging and meaningful activities. Work is a major place to find such activities in our society.
Democrat, Editorial, Liberal, Election, Obama, Narrative, Press, Politics, Bias
NEW YORK (CNNMoney) -- Gas prices are once again dominating the national debate. But despite rhetoric, high gas prices aren't hurting as much as they used to.
Here’s an idea: Instead of bemoaning re-nesters, why don’t we all admit that living with your parents as a young adult is a perfectly fine thing to do?
And not just because, yes, it saves a metric butt-ton of money... There is absolutely nothing wrong with young adults living with their parents.
-Rebecca Schuman, Slate, June 2016