Your Money When the Fledglings Return to the Nest By RON LIEBER The New York Times July 11, 2009
The boomerang kids, grown-ups who come home to live with their parents anyway, are having their cultural moment. First came a book for parents, "Mom, Can I Move Back In With You?" Then, a book for the returning offspring: "Boomerang Nation." There was even a reality show concept kicking around the halls of Viacom's TV Land channel. Given the economic conditions, boomerangs may be turning up on your own doorstep soon. And with them come a host of unusual economic - and parenting - questions that you may not have considered. Like, for instance, whether you should charge rent. "We don't really have any formulas for what the appropriate amount of financial responsibility is that we should require," said Laura deBuys, whose son Jeb has been living with her or her former husband for the past year and a half. "There's a wide range of opinion, from telling the child 'You're on your own' to not expecting anything from them." There is a reason for this. Every child, parent and circumstance is different, so there are no one-size-fits-all solutions. But if you find yourself in this spot or think that you may soon, it's probably a good idea to consider now the questions that will surely arise. So let's throw a few out there. ... http://www.nytimes.com/2009/07/11/your-money/household-budgeting/11money.html *********************************** * POST TO MEDIANEWS@ETSKYWARN.NET * *********************************** Medianews mailing list Medianews@etskywarn.net http://lists.etskywarn.net/mailman/listinfo/medianews
