Sometimes when you hit rock bottom, there’s only one place to go – back home with Mom and Dad. As layoffs and overwhelming debt are knocking members of our generation on their asses, many are flocking home to the safety net they couldn’t wait to escape at age 18. There isn’t any shame in going home to catch your breath and regroup, but there’s a way to approach the situation so you really do get back on your feet and avoid causing more angst than the My Chemical Romance blaring from your little brother’s room.
The Frisky hit up Rick Kahler, an NAPFA-registered, fee-only financial advisor and author of four books on financial planning and money psychology, for advice on how to move home and get independent without feeling like you’re re-living the turmoil of your Jordan Catalano-crushing youth all over again. Keep reading »