Why millennials should live with family to achieve financial goals - Business Insider

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I'm a financial advisor, and I'd encourage any millennial to move in with their parents to achieve a financial goal

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

Multiple generations living together is good for everyone, since expenses are shared. Just make a plan before you move in with family, and have an exit strategy. I'm here to argue in favor of group economics in the context of family life. I believe there is value in choosing to My grandmother is originally from the South but went to live with her family in California as a child; she lived with her grandmother and a cousin. My grandmother then lived with her mother while married, which gave her the time needed to get on her feet. She paid rent, and she and her husband were eventually able toYears later, in the '90s, my mother went through a divorce and decided that, in order to get on her feet, she would move in with her mother for one year.

 

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yup! parents will keep them in shoes hence financial goals acheived 🥳

Smart financial move 😀🤑

Some don’t have that luxury but it’s fine. We move!

MisterT_B and VictorTabansi ...just saying😁

That's saddest advice you could hear/give. But maybe, just maybe - remove corrupt to the bone, neoliberal political class first and make corporations pay taxes? Raise the minimal wage so it can cover basic needs?

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