Beating Economic Woes Through Family Unity
by Miriam G. Aw
The days when a young 18 year old carted him or her self to college away from home to receive a solid education, thus graduating with a degree in their chosen field with the expectation, or assurance, of getting employed, and earning a decent wage is gone! Long gone!
Before Year 2009 ended, a phrase was coined, and it cornered the public media’s attention depicting our today’s generation of youths as the “Boomerang Generation.” And like a boomerang that is thrown as far as possible away from the thrower traveling full speed ahead, thus taking a sharp curve returning itself rapidly to the thrower, it is believed that due to the economy, a myriad of youths who’ve left home to attend college, live in their dorm, and upon completing school (if they’re lucky), are having difficulty finding work, and/or paying their rent, they find themselves moving back home with mom and dad quicker than the time it initially took to leave home!
However, the problem with the “Boomerang Generation” theoretical phraseology, as far as I am concerned, is that it does not represent the majority of the generation of youths living in America. Instead, it is the opposite. I call it the “Living ‘On-Empty’ Nesters Generation,” which is more representative of what has been going on with our generation of youths for the past five years, and heavily moreso since Year 2008.
What this means is that you have more young adult children living at home who cannot afford to move out of their mom and dad’s house to get their own apartment, let alone attend a college away from home to live in a dorm, than ever before! So, when most parents begin to believe that their precious darling, or darlings, will soon leave the nest to attend college, or gain employment and/or find an apartment once he or she graduates from high school, unfortunately, their dreams turns into a nightmare because their own dreams of traveling to exotic places, or walking around the house naked are nothing more than mere dashed hopes of living kinky! Now, THAT is a travesty! :)
The “Living ‘On-Empty’ Nesters” are parents who have their empty-financial producing young adult children living at home, who are forced to nest at home until they find employment, an affordable college, and/or earn enough money, if they’re employed, to front their own college expenses, and rent, whether they choose to live at home, or not.
The rising cost of living has stymied American Dreams dreamt by millions of both parents and their children to the point that it is no longer fashionable, or feasible, to tease a young man in his 20s, or 30s, who is still living at home with his mommy and daddy. Instead, such a decision is prudent, and it is becoming more acceptable due to the lack of jobs available, as well as the lack of incoming revenue, which is the ultimate set back in a myriad of American households.
Nonetheless, it is a fact of life that more parents are learning that they are not alone with having young adult children living at home. And as time goes by when the subject of the Economy continues to headline in the news reporting the rise of unemployment; the high cost of college; the increase filings of bankruptcy papers being filed in court about foreclosures on both homes, and apartment buildings, it is no wonder that what I proposed numerous times over the past 3 years about parents and their young adult children need to work together, financially, within the same household, is becoming more evident.
One of the best remedies to take to conquer the economic woes that many people are facing today, especially if you have your own home, land, or both, is to have every working young adult child contribute financially toward the household expenses. After all, everyone is involved with this economic crisis, and it is time to set aside petty differences, and instead, concentrate on surviving a time of uncertainty. If there is a time for every one to gather themselves together living in the same household to save a home from going down in foreclosure, or from filing bankruptcy, it is now!
If you are fortunate to have young adult children who work, as well as attending school, living at home, it is time to set your pride aside as parents, and begin talking to your loved ones about how important it is to save the house because it is everyone’s home. Once you have made this mental and emotional connection with them, it is wise to begin dialogue on respecting each other’s boundaries, and how it can fit into every person’s lifestyle (i.e., work schedule, chores, shopping, etc.). In addition, it is necessary to discuss how much everyone earns, so that fair distribution of financial responsibility can be met by each party involved in this endeavor.
Presumably, the main objective is to save the house, land, or both, in these trying economic times. If such is important to everyone involved, then I am confident that family unity will prevail. However, if such a goal is not a priority, then the inevitable will occur, and all efforts of communication will break down, and loss of property, and the Will to survive become moot.
Don’t allow such a thing to happen in your family. Fight, unite, and get it right!
Copyright 2010. All rights reserved.
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