When most of us turn 18, we move out of our parent’s homes and never look back. We even look down on our friends who stay behind and continue to live with their folks.
But by doing so, WE end up paying a fortune in rent every year, whereas the friends who stay behind get to save more and can actually afford to buy a home in a few years.
In fact, in other countries, the cost of rent vs their wages is much higher than it is in the US and it’s actually common for young adults to continue living with their parents until they get married.
And when they move out, it’s usually after buying their first home.
So what do you think... does living with your parents make you a loser or is it a wise financial decision?
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