[QUOTE="lostrib"][QUOTE="_BlueDuck_"]
And then in 5 years time, the person who lived frugally at home has enough money saved up to put a good down payment on a home of his own, no debt, a vehicle, and some savings for the future; and the person who lived on his own is still getting by pay check to pay check, living in a crummy apartment with no assets or net worth.
Lonelynight
oooo, Are we just making up random scenarios? Or the guy living at home just decides to not move out, because why move out when they can just stay at home and not have to pay rent or a mortgage, they have someone to clean up after their messes. ANd heck, when their parents die, they'll just inherit the house.
And the person living on their own, realizes how much being broke sucks so they work harder, advance in their field/career while living frugally, allowing them to save up the money for a downpayment on a house.
and as you can see, it depends on the situation. There is nothing wrong with living with your parents or living by yourself if you know what you are doing and what you want to do. seriously.. it's different for each person. i've had friends who lived at home for a few years after graduation and saved $$ and i've had some that moved out immediately.. neither i'd consider to be losers ( a childish way to look at something like that in the first place... )
Log in to comment