Wednesday, June 17th, 2009 by Ken Kaye
The Wall Street Journal’s “Wallet” section notes,
In addition to moving back home with the folks, some adult children are relying more and more on their parents for financial support–a situation that can put added stress on already weakened retirement accounts and strained family budgets.
The short piece, illustrated with a boomerang, recommends sitting down with them [...]
Wednesday, June 17th, 2009 by Ken Kaye
Kudos to Bryan X of ADDERWorld for his post about ADD into adulthood:
It used to be believed that ADHD was outgrown, but we know better now. First it was 10% didn’t outgrow it, then it was 20% – 30%, the percentage keeps rising… soon, I believe, the percentage will be closer to 90%. I believe [...]
Monday, June 15th, 2009 by Nick Kaye
It’s no surprise to read in today’s Times that New York City’s economy has been hit hard by recession-reduced subsidy checks from parents to 20-somethings.
Parents whose money helped fuel one of the city’s most radical gentrifications in recent years have stopped buying their children new luxury condos, subsidizing rents and providing cash to spend at [...]
Monday, June 8th, 2009 by Ken Kaye
“If you’re going to let a young adult move home, then you should at least have some rules about what’s what. Blog post by Gail Vaz-Oxlade.
Monday, June 8th, 2009 by Attn:Money
Joyce Wadler writes in the New York Times (May 14): “When hard economic times force adults to move back into their parents’ homes, the move is rarely without tensions.”
Wadler’s article includes interviews with numerous individuals and couples well into their 30s, some with young children.
According to the Census Bureau, as of last year there were [...]