Why doesnt Dr. Phil deal with this fact, that NO ONE would live at home given a choice? Many people CANT GET JOBS! or the pay is so low, they can't sustain even the most humble standard of living--ie keep rent paid and transportation. He calls them moochers while never facing the fact that the wages of todays especially entry level jobs are so low, no one can live on their own. What does a young adult do who makes so little money they have the choice between crawling to the ghetto, endangering their health or well-being or ending up in a shelter? Are those parents to tell them get out?
<<<I believe the economic realities out there are ignored to the extreme. When most kids come crawling back home, they arent MOOCHERS, they are BROKE. They are SICK, they are UNEMPLOYED.
I wish Dr. Phil would face the facts about the modern working world. That wages are so stagnant, people can barely make a living. Even older people are having a hard time making ends meet. . That even for many people especially young and inexperienced FINDING a job is near impossible. There is a trend in society for wealthy or middle class Baby-Boomers to be told just throw those kids out. Used to be in the old days families did come together to share resources. Not anymore.
Im tired of this whole MOOCHER mentality like they are all lazy instead of UNABLE TO GET A JOB.>>>
There is NO doubt that today's graduate is getting a degree while being FLAT BROKE with little job opportunity.
Here is what I am teaching my kids now. (7 and 11)
You WILL grow up to be adults with your own homes, own bills, own jobs. YOU will be responsible for them.
You will need jobs that have some security. Pick a field that brings you passion AND look at the longevity of that career field. WILL it pay the kind of lifestyle you want? If not, what needs to adjust-the dream of your lifestyle or your career? Pick a minor that IS marketable. It may not be your passion, but it will get you by in the hard times.
(BTW, I have a brilliant freind that graduated at a theatre major and Social Studies Minor. Yep, his degree in social studies pays the bills)
I teach my kids NOW about credit, saving and borrowing. Except for our house, we are debt free. We still give to charity and the community with our time and resources. We discuss with them about credit cards and how many college students get themselves into HUGE trouble. The companies DO know they can have financial slaves for life by offering credit to people who have NO responsibility.
My kids are being taught NOW that my responsibility as a parent is to get them to be self-sufficient adulthood as healthy in every way as possible. HAPPINESS is THEIR option, not their guarantee.
I am not giving them everything they want. They have to earn "luxuries". Our son paid for half of his exspensive Playstation and we paid for half. It will be the same when he gets a car.
We do everything we can to give him growth in his education NOW. Interactive camps, extentions programs, etc....ALL geared to his best skills. Science. He has a great chance of scholarships just be keeping up this dedication. When he gets to his HS graduation-he will have 10-12 years of consistent extra curricular education. No doubt he will need student loans and help from Mom and Dad. Our parents did it for us too. We were also expected to WORK part time if we needed the $ for anything beyond our education, rent, food, etc. FUN stuff was up to US.
We lived with ROOMATES or dorms that were not luxurious by ANY means. We lived in areas we did not want to live in, at HIGH rates, with people we did not want to live with. We had Ramen for meals and did not eat out. We did pot lucks or ate at resturaunts we worked for.
Guess what? That stuff motivates you to work hard to GET OUT of it.
I have met too many graduates with their sob stories they can not find a job. Finding the job should be THEIR full time job until they are in gainful employment. They might have to MOVE. They might need roomates. They might live in a less desirable neighborhood.
I have met some spoiled princesses that had everything provided to them their whole life long, then Mums and Dads pays every little bill in college. College is a "party" time and they barely get that degree. They never had to work really hard for anything. Then before you know it, they are 22-23 and have NO clue about real life.
When I was 18, my P's told me. "Your room and board is now $". I was flabbergasted. How DARE they! It was the BEST thing they ever taught me. I forced me to plan ahead and save. I was living hand to mouth, but I never owed anyone a penny. I never had any debt. I could not buy myself ANYTHING fancy or on credit. I could not party either. SO, I learned to save and get a better job until I could have enough money to have some fun.
When I moved out, there was no way I could live on my own. I moved four hours away and had a roommate. One time, I was not paying attention and realized I may not make it one more month to pay my rent AND eat. I got a fast food job to help pay rent. I HATED that job.
My roomate said I was the first person that lived with her that always paid the rent on time.
When I got married, I had a job to contribute to our savings. My H paid all the exspenses, but someday we wanted a house. We were fortunate that both of us had good credit. When that day to buy a house finally came, we had $30,000 to put down-that lowered our house payments. We were desireable home buyers because we had no other debt. We were low risk.
That hard work paid off. I became a Stay at home Mom for many years and we live off one income now!
IT CAN BE DONE!!!