Boomerang Children

I’m Miriam Neff, and I’m Valerie Neff Hogan, with Wise Women Managing Money.

M Households are changing.  Empty nesters have been replaced with ‘doubled up’ families of adult children and even adult grandchildren moving in with grandma.  Boomerang young adults move back.

V   Our advice: Talk before the move back.  Start with a written agreement. It’s not just space and kitchen responsibility.  It’s noise levels at all hours.  Set an end date, and financial responsibilities.

M Everyone needs to contribute. If work is skewed, mess makers vs mess cleaners, friction grows.  From my experience, there is no smooth ride.  Yes, compassion and understanding grows, a positive in the long run.  Expect some bumpy days.