anyone in their late twenties live with parents?

[RippedPlz]

im 27 and live wit my momma.

[BetaAsPhuck]

Lost job (zero hour contract) due to ADHD...

I lost my place, and had to move back in with my momma too. I'm 34.

Feels bad man.

I have a new job in a completely different industry (though only part time), and am trying to get a few thousand before moving on.

[FitSparky1]

yup, should save 20k and ill get a new condo... but that means being committed to my line of trade.

[TimeTravelerBro]

When you hit rock bottom theres nowhere to go but up. Start saving

[UnT4m3d]

When you hit rock bottom theres nowhere to go but up. Start saving

Good point. I'm 30. Had to move back in with parents after I got in trouble and had to go to jail for 9 months. No fun. Am a convicted felon and it was hard to find employment at first. Just set short term goals that will help you achieve the big goal you are aiming for. We're all gonna make it.

[Willful]

Haven't been in with the family since 17 (before college). Lived on-campus, or close to campus off of financial aid and student loans, also had a part time job on campus while pursuing the degree.

After graduation, I got really close to being unable to afford rent, but then the stars aligned and I managed to ascend from the part time job and acquire a full time career that essentially ended up paying me roughly triple.

A promotion (10% pay bump) and a relocation later (no more roommates thank god), and I'm still paying off debt and feeling like I'm living paycheck-to-paycheck. Can't wait till a few months goes by and I'm able to tackle the debt a bit better, and also have a good amount of money saved for if disasters occur. If I can survive and keep the same income for a solid few months, I should be able to pay off the remaining debt, and then just start piling cash together for a safety net.

[joeysmokes]

i did for 2.5 years after graduating, parents didn't make me pay rent and payed for gas & groceries.

i ended up saving over $120k, but the best part was my mom making me breakfast before work every morning & dinner ready at 6 :')

[yochrisss]

I lived with mine until I was about 25 because I was in nursing school. Now I have my own house at 29.

[VTheKing]

only moved out for good this year. debt-free after two degrees and taking care of terminally ill relative. well worth it.

[alltrapbrah]

Not lived under my parents roof since 18, but if I had a choice, I woulda' moved back in with my folks for at least a short stint to amass savings...

I've spent upwards of 60k on rent alone at this point.

[VTheKing]

Not lived under my parents roof since 18, but if I had a choice, I woulda' moved back in with my folks for at least a short stint to amass savings...

I've spent upwards of 60k on renting at this point.

buying grounds you to a specific place and ties you to a financial obligation for many years. unless you need the stability you shouldn't look at renting as a "waste"; it's literally paying to fulfill an essential need but giving you the flexibility to pack up and move wherever life or career calls.

[NeedToBang]

i did for 2.5 years after graduating, parents didn't make me pay rent and payed for gas & groceries.

i ended up saving over $120k, but the best part was my mom making me breakfast before work every morning & dinner ready at 6 :')

120k in 2.5 year after graduating?

damn son, mirin.

[kain89]

i dont understand if EU and USA salaries are that diferent or the MISC is full of people earning a chit ton of money...

i live in Spain and my gross salary is around 33.000€/year (around 2.000€ net per month) and its a medium-good salary here.

someone knows the equivalence between USA and EU or im just living a lie?

[alltrapbrah]

buying grounds you to a specific place and ties you to a financial obligation for many years. unless you need the stability you shouldn't look at renting as a "waste"; it's literally paying to fulfill an essential need but giving you the flexibility to pack up and move wherever life or career calls.

That wasn't my point, though I can see why you think it would be...

My point was that I would have 60k more to invest as I please, and there's more to investing than just home ownership.

[ScaredOfGains]

26 and checking in. Market in Toronto is faawked. No thanks to renting a fukn studio for 1500/m.

Will move out when I find a GF(doubtful) or hit 30. Will just save my money until then srs.


and it's not because I can't afford it. I make decent loot.

[DGen94]

120k in 2.5 year after graduating?

damn son, mirin.

hes full of chit lmao..probably doing g4p and getting backshots from dudes

[NeedToBang]

i dont understand if EU and USA salaries are that diferent or the MISC is full of people earning a chit ton of money...

i live in Spain and my gross salary is around 33.000€/year (around 2.000€ net per month) and its a medium-good salary here.

someone knows the equivalence between USA and EU or im just living a lie?

Spain is horrific for salaries and work in general, even compared to the rest of Europe.

US generally earns a chunk more, it should be covered by the following reasons: Far less 'required' holidays, healthcare not covered by taxes and other 'public goods' so to speak. But in reality most guys working in the US gets similar holidays to people in Europe the salaries are just greater for some other reason.

[xz89]

32% of upcoming liberal millenials still live with their parents according to the latest statistics

[kain89]

Spain is horrific for salaries and work in general, even compared to the rest of Europe.

US generally earns a chunk more, it should be covered by the following reasons: Far less 'required' holidays, healthcare not covered by taxes and other 'public goods' so to speak. But in reality most guys working in the US gets similar holidays to people in Europe the salaries are just greater for some other reason.

i mean i understand that our healthcare system should be maintained with our taxes, but in my case its around 18% of my gross salary. i mean c'mon, there is still A LOT of diference. a fuking flat here (apartment) of 90-110 m2, costs around 180.000€ on a city near Madrid. an "ok" car costs around 18.000€. i think im being cucked by my own country feelsbadman. when i read some miscers getting their 300m2 houses (or even more) for 200.000$ or even less, i want to smash my head into a wall, jelly as ****.

[Silencespeaks]

Moved out at 19 when I went to college after a gap year. Never moved back in. But my family is abroad and when I visit I stay with them for one or two months at a time and I like it lol.

[Evlve]

I don’t see a problem living at home in the early to mid maybe even late 20s. The only issue aside from social stigma is people don’t have to be in charge of their bills. Varies case to case but being completely on your own teaches you a lot, especially early on. There’s a lot of joy in being independent at a young age too. I moved out at 20 working through college and 20-23 was the most poor and had the most fun.

Came at a price though. Grades could have been better, had to get student loans a couple of semesters although I definitely have less than most.

One guy I work with is 25 making ~75k living at home in a low COL state. Few years of that and you have a nice down payment on a house that is going to take me a lot longer due to expenses which is why it may be a smart move.

[HairyWBush]

I don't but after losing my parents and the 2nd one at 26 I had to. I was living pretty good. Moved to a different area, didn't work out, moved in with a relative for a month, bought a "home", enrolled in tech school again, and now im struggling with some very very bad anxiety causing work problems.

[Sil3nt1]

27 planning on enlisting in the marine corps before I turn 29 so I can get away lol

[IronILLinois]

Yes, but my mom only stays over 2-3x a week. Otherwise she's with her partner. My dad lives with his partner too.

[VTheKing]

That wasn't my point, though I can see why you think it would be...

My point was that I would have 60k more to invest as I please, and there's more to investing than just home ownership.

Ah I see. It depends on what you did while renting though, no amount of money in the future compensates for dat dere college time or bachelor lifestyle in the city.

[ryankoch]

Good point. I'm 30. Had to move back in with parents after I got in trouble and had to go to jail for 9 months. No fun. Am a convicted felon and it was hard to find employment at first. Just set short term goals that will help you achieve the big goal you are aiming for. We're all gonna make it.

What you do? I had to do 3 weeks for domestic violence felt like 3 years

[Omnivium]

Moved out at 22 and never looked back. Paying rent sucks dink but it's better than having to deal with parents constantly

If you have cool parents it would be a good setup

[alltrapbrah]

Ah I see. It depends on what you did while renting though, no amount of money in the future compensates for dat dere college time or bachelor lifestyle in the city.

Not a lot - I wasn't brave enough nor ready enough nor intelligent enough to capitalise on my 20s.

I'm in a far better place (psychologically that is) in my 30s, but with next to no money to do anything...

Such is life.

[scudda]

Yes, but my mom only stays over 2-3x a week. Otherwise she's with her partner. My dad lives with his partner too.

Wat if I told you wat?

[QuadraQuint]

yup, should save 20k and ill get a new condo... but that means being committed to my line of trade.

Hate to burst your bubble but you're gonna need more than $20k. If we pretend a 1br condo is $450k, this is how the payment plan usually looks like for new development:

$5000 on day of signing
Balance of 5% in 30 days = $17500
5% in 90 days = $22500
5% in 180 days = $22500
5% in 360 days = $22500
Total: $90000
Not to mention things like closing costs, levies, finishes/upgrades, parking, locker.

Edit: I should add the price of those extra costs
Parking ranges from $30k to $80k for a parking spot in the garage (yeah, you read that right, for one spot and not even necessarily level A-B, could be E)
Locker ranges from $5k to $10k
Upgrades can be like $500 for a pot light installation or $1200 for a better sink or $XX for better appliance, it really ranges, your choice of tiles, flooring, etc.
Closing costs for 1br are usually capped at $7500 but each developer is different, but it's important to note that doesn't cap everything. There are a lot of stupid "taxes" and hidden fees. If you're buying a new construction condo, take your document to a lawyer and have them go through the Adjustments and negotiate the caps. Bolded because this is such an important takeaway imo.