"I'm back living in the bedroom that I grew up in"

[xmas13]

http://news.yahoo.com/s/ap/20080321/...g_with_parents

Last hope in a weak economy? Mom and Dad
After being laid off from her job as an events planner at an upscale resort, Jo Ann Bauer struggled financially. She worked at several lower-paying jobs, relocated to a new city and even declared bankruptcy.
Then in December, she finally accepted her parents' invitation to move into their home ? at age 52. "I'm back living in the bedroom that I grew up in," she said.

The online survey of nearly 1,800 people ages 19 to 39 also found 57 percent believed they were "financially independent." But in a separate question, 33 percent said they received financial support from family and friends.

[GrouchyAdmin]

I figured this thread to be autobiographical in nature.

[xmas13]

The good news is that since many GFYers never left it, they won't have to come back. :-)

Parents basement is recession-proof. :-)

[IllTestYourGirls]

Its not that these people did not have enough money, its that they had to much debt.

[tony286]

your going to see more of this as it gets worse.

[Iron Fist]

The good news is that since many GFYers never left it, they won't have to come back. :-)

[Violetta]

The good news is that since many GFYers never left it, they won't have to come back. :-)

Parents basement is recession-proof. :-)

[snaker]

"many of whom have overextended themselves with big houses or lavish lifestyles"

well there ya go!

[DaddyHalbucks]

That's what happens when you don't invest and don't plan for the future.

[woj]

That's what happens when you don't invest and don't plan for the future.