Benefits of living with your parents

The most obvious benefit to living with your parents is the cost. Not having to pay for housing will save a man several hundred dollars each month.

The largest disadvantage to living with you parents is that society will look at you like a loser that could never achieve anything with his life.

I guess every high school or college student fears become 30 years old and still living with his parents.

Why is 30 that magic number? Is 30 the magic number when a man starts to get old?

Society tells you to gain your independence as fast as possible. Make it on your own.

Would a 29 year old man who lives with his parents feel completely okay until his 30th birthday and then get horribly depressed?


Would a 30 year old man feel great renting a studio apartment for the last 10 years, paying for everything on credit, and living paycheck to paycheck? Probably not.


You're living conditions doesn't necessary define your success in life. You're net worth is a much better measurement of success.

If a 30 year old man still lived with his parents but had a net worth of $100,000, would society judge him to be a loser?

Maybe.... maybe not. And even if society did judge him to be a loser, why should he care? He has $100,000 net worth.

Don't always do what society tells you to. If your parents are fine with you living with them, do it and save as much of your money is possible. You can better prepare for your future when you eventually do make it on your own.


Living with your parents helps you save money by not purchasing extra housing. You share it with your parents. If you have a good relationship with your parents, they may even enjoy your company.

Simply by living in your parent's house, you do not make their rent/mortgage/property tax/homeowner's insurance more expensive.

By living in your parent's house, you only cause them to forfeit potential rental income if they would have otherwise rented your space to someone else. If you're parents would not have done that, then you don't cause them any lost potential rental income.


By living in your parent's house, you don't have to pay for your own set of utilities. By staying there, you may increase their utilities a little.

Another big benefit is that you don't have to buy your own set of durable goods. You can use their tv, refrigerator, oven, washing machine, dryer, or appliances.


I've determined that if you are single (not pursuing relationships) and work 40 to 60 hours a week, it makes very little sense to rent an apartment.

I've been working as an accountant for the last year. Each morning, I wake up at 5:30 am and head out of the door at 6:30 am. I reach the office at 7:30 am and work until about 7 pm at night. When I arrive home, it is usually 7:45 pm by the time I get home. I have 3 hours to myself until I fall asleep at 11 pm.

For 5 days of the week, I spend more time outside of the house than inside it. Monday through Friday, I only get to enjoy the house for three hours a day.

Of course, on the weekends, I have the whole days to myself.

However, If you are in the same position that I am, working 55 to 60 hours a week, please don't waste your money on rent. If you don't have very much time to enjoy your house, try not to pay for it.

Don't buy any more housing than you need.