In this article, we address the pros and cons: Moving Back In With Parents.
Nowadays college grads are saddled with looming debt, career uncertainty, and a life rife with instability.
Some of these challenges are why college grads are choosing to move back home but is it worth it to move back in with your parents.
Remember when we all were younger waking up to Saturday morning cartoons. Just chilling on the couch eating a bowl of cereal.
Back then the only work, we worried about was the one assigned to us by our teachers. Yeah, those days are kind of gone.
I’m still reminiscing till this day on all the good times I had with old high school friends and family.
Now that I’m grown with a growing credit score, and I finally graduated from college.
Is time to become an adult and take on the world or should I wait out the storm with my parents back home?🤔
In all honesty, this is a tough decision to make because you feel like your giving back your freedom. Your mom and dad might be happy but your not.
This reality sounds more like a setup for one of those lame 80’s family sitcoms.
You know, staring Joe Rodgers the broke college grad forced into to moving back in with his parents.
Because the mixture of high rent prices, low entry income wage, and college loan debt payments makes it hard for him or her to live on their own.
PRO: Your Saving Money
It’s one of the most obvious pros but can be the most beneficial. Moving back in with your parents’ allows you to save money.
Finding local employment near your hometown would be ideal. On top of the fact that rent at your parents’ home would be either less than average or non-existent.
Imagine making an entry salary of 30,000 to 40,000 a year and saving most of your income. Now you have enough money to buy an electric bike. No silly look to shore up your essentials.
You’d be able to pay off your school loans at a faster pace, build up emergency savings and have money to move out of your parent’s home in no time.
Some people choose to move back home because they have a personal goal in mind. Perhaps save up money to start a business. It isn’t uncommon but if you think this pro is worth it than you might have to sacrifice.
Con: There Might Be Less Opportunity
Yes, a con to this pro is that fewer opportunities can be afforded to you.
Unless you’re living in a big city or find yourself in a health-related field, career advancement will be very challenging.
I know from personal experience just how hard it can be finding a job in a rural area. Small towns just don’t attract big companies.
Each industry has their own city, for instance, if you’re in finance New York is the place you’d want to live in.
This isn’t always the case, of course, some companies can swallow up a little town thus employ everyone in it.
But true career advancement means you may need options to survive long term.
(My recent blog touches on this as it speaks about the importance of location.)
Pro: You Can Give yourself More Options
Another good pro is you can give yourself more options. Now I know this sounds contradictory to the con I stated previously but keep reading.
Options are different than opportunities, an option can give you more paths to take.
Living with your parents and working can open your eyes to what you truly like.
This because you have less to worry about. Bills can force you into a peg hole, where you can be fearful of instability.
This is why so many Americans are stuck in the rat race.
I can get into a career like sales and figure it’s not for me. I can instead investigate another career path and make a pivot in another direction.
This means I can quit or get fired and not have to worry about the repercussions.
Huge Warning – I’m not suggesting you do this, but it does remove the pressure of maintaining a job that sucks.
Con: Social Life Can Suck
If your parents were overbearing before you went off to college, nothing will change they’ll still be when you move back in.
This can be a big challenge if your dating or tend to stay out late on the weekends. You will be chastised from your Mom or Dad.
One of the main cons of moving back in with your parents is your social life will suffer if you let it.
Moving back home can be a drag, most of the friends you’ve made in college are elsewhere living their lives.
Your old high school friends if keep in touch might be busy with their own problems and have new friends.
It will take some adjusting to fully understand the social dynamics.
Instagram, Facebook or even Twitter will be your worse enemy.
Social media will serve as a constant reminder of the decision you’ve made as friends will seem like they’re having the time their lives.
Remember this is only a con if you let it become one.
You can still hang out with coworkers, date or make new friends by going to social events.
It’s all about the perspective you place on moving back in with parents. If you see it as negative it will be but if see it as positive it can be that too.
Pro: More Emphasis On Self-Development
Whether you’re moving back in or living on your own, somehow you will face some sort of self-development.
I know it happened to me, I started to really think about what was truly important to my future.
Just like any major change in life, graduating college can take some getting used to.
You can grow so attached to parting, having late-night study secessions or panicking over a test.
So, when you eventually move on from college and move back in with parents it’s a great time to self to reflect.
Think about your next moves and figure out what’s best for you. It’s an odd transition period but can be important to your overall growth.
Extra Pro: Nothing is Better Than Home cooking
Remember the days when you were eating those sad lunches in college.
Maybe you didn’t have time to cook or it was a lazy day and you said: “screw it where’s the ramen?”.
Well, those days are over, here comes mommy to the rescue!
I remember coming back home looking like a zombie just for the summer to be over and I’m looking like I gained 20 pounds.
Mom’s cooking is definitely a pro I could not ignore. If your mom can’t cook ignore, replace pro with a con, please.
Besides home cooking, moving back in with your parents is another chance to spend quality time with family.
As you tend to get older what use to annoy you as a teen becomes what you cherish as an adult.
So, your parent’s presence back in your life will truly make it feel like your back home.
Your Thoughts Matter
Now that you herd my thoughts on pros and cons: Moving Back In With Parents. Do you have anything to add or any funny stories to share, comment below.
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