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Old 03-23-2008, 01:58 PM   #1
xmas13
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"I'm back living in the bedroom that I grew up in"

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


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Last edited by xmas13; 03-23-2008 at 02:00 PM..
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Old 03-23-2008, 02:03 PM   #2
GrouchyAdmin
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I figured this thread to be autobiographical in nature.
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Old 03-23-2008, 02:09 PM   #3
xmas13
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The good news is that since many GFYers never left it, they won't have to come back. :-)

Parents basement is recession-proof. :-)
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Old 03-23-2008, 03:42 PM   #4
IllTestYourGirls
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Its not that these people did not have enough money, its that they had to much debt.
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Old 03-23-2008, 03:46 PM   #5
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your going to see more of this as it gets worse.
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Old 03-23-2008, 03:48 PM   #6
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Originally Posted by xmas13 View Post
The good news is that since many GFYers never left it, they won't have to come back. :-)
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Old 03-23-2008, 04:04 PM   #7
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Originally Posted by xmas13 View Post
The good news is that since many GFYers never left it, they won't have to come back. :-)

Parents basement is recession-proof. :-)
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Old 03-23-2008, 04:43 PM   #8
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"many of whom have overextended themselves with big houses or lavish lifestyles"

well there ya go!
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Old 03-23-2008, 06:37 PM   #9
DaddyHalbucks
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That's what happens when you don't invest and don't plan for the future.
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Old 03-23-2008, 06:40 PM   #10
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That's what happens when you don't invest and don't plan for the future.
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