Moving back home
December 1, 2017
I’m Miriam Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money
M Moving back home is not just about college grads getting on their feet. Increasingly households are combining after divorce, widowhood, and financial transitions. Before that move cover these important points.
V Room and board–what is the expected contribution. Shared chores. Then make a list. Guests and friends. Adjust to the needs of the home owner. Child care. Rather than ‘hope’ it all works out, have a plan and discuss.
M Yes my home has been home for three separate ‘move backs.‘ One thing I learned is talk frequently. How is the plan working? There are benefits. We get to know each other better.