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M$1.00  Funded By Mahalo ? |  May 02, 2009 11:45 PM

Would you move in with your parents (or your children) if it meant being debt free by the end of this year?

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srgothard srgothard
 
 May 03, 2009 12:46 AM
I think we need our space, and I'm not going to ask my parents to house me. My relationships have boundaries, and living off my parents crosses one of them. Besides, if someone is paying for your life, they get input on how you run it. Similarly, when you live under someone else's roof, you have to abide by their rules. I'll fight my way out myself. Only if nothing else can be done will I move home.

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http://www.amazon.com/Boundaries-Participants-Guide-Henry-Cloud/dp/03102245...

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bunnyphuph... bunnyphuph...
 
May 03, 2009 12:05 AM
I would... in a heartbeat!!
http://blog.miragestudio7.com/wp-content/uploads2/2007/07/spying_web_cam_sensor_house_hidden_cam.jpg
I'm sure many people out there, depending on the debt amount would do it.
I have a good relationship with my parents, so it wouldn't be bad at all. I guess getting along with them would have to factor into the deal also.

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yagelski yagelski
 
May 03, 2009 12:13 AM
Tough question, as everyone has a different kind of relationship with their parents and / or children.

For me personally, it would need to be a dire situation (debt-wise). I love my parents dearly, but introducing the stress of sharing a home on all of the people involved may just not be worth the economic benefit.

I guess that my answer is no. If you are considering it, be certain that you weigh all of the benefits and costs, not just those related to finances. After all, money is not everything.

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morriss003 morriss003
 
May 03, 2009 01:02 AM
I love my mother dearly (my father is deceased) and I love my children dearly, but I would rather go bankrupt.

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etphonehom... etphonehom...
 
May 03, 2009 02:38 AM
I think the main factors here are how well you get along with the family member who would be housing you, and how long it would take you to get out of debt if you don't move in with them.

For example, if you get along great with your parents and moving in with them for a short while would help you get out of debt several years faster, then do it.

If, on the other hand, you believe that moving in would create a significant strain on your relationship, and you would be out of debt within a couple of years anyway, then it might be better to keep your distance and take your time paying off the debt.

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