After my son graduated, someone said, “Now I feel sorry for you. Your empty nest will soon be filled to the brim.” I honestly did not know what he was talking about. At the time, it seemed like a rude comment to make to a proud mom of a college graduate. I’ve since learned that he was referring to the many young adults who graduate and boomerang back to live with their parents.
According to CNN, 85 % of college graduates move home. That’s up from 67 % in 2006. Yikes, how do empty nesters deal with this trend?
“Having your children return to the safety net of your home can be wonderful time of family closeness. Setting the tone, laying out the ground rules, and making smart-money financial decisions can help create a positive, supportive environment that is in the best interests of you and your returning family members. Your role is to guide them.” ~ New York Life
3 Ways To Transition Boomerang Kids
1. Have an initial discussion – This is to ensure that both the parents and child have similar expectations about the living arrangement. Make sure to talk about obligations regarding expenses and household chores. By setting expectations, parents help their adult children learn the skills they need to live independently.
2. Set a time limit – If the ultimate goal is independence, setting a time limit will clarify the expectation. This can change according to circumstances, but experts say it’s best for everyone to be on the same page in order to avoid resentments.
3. Charge Rent – When the child starts working, even if it is not in their chosen field, charge rent. Even a minimal amount helps prepare for living independently, and it can also help with home finances.
Adult children sometimes need to move back home. This can be traumatic for both child and parent, but keeping the lines of communication open seems to maintain family harmony.
Have you had adult children move home? Are you a boomerang kid? What advice would you give others who might be going through a similar situation?