“There’s one more vital detail to spell out, perhaps in your agreement itself: when you expect your kid to move out. Newberry stresses that you can’t simply assume they’ll leave ‘when the time is right.’ With no clear end date, it will always be easier for them to stay than to make an effort to find a place of their own.”
If you've got new college grads moving back home this summer, you might want to check out the quick tips in this video to make sure you're prepared for this new living arrangement.
I recently had the chance to do a series of interviews with Rob Carrick, the personal finance columnist at national Canadian newspaper The Globe and Mail. You can now watch videos of all three of…
I spoke with Myles Ma at Policygenius about how to budget for adult children moving home. "It's a really good idea for parents to sit down with their adult children and work through this budget,"-…
Do you need help navigating your relationship with your adult child living in your home?
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