Noting the confluence of topics about the baby boomer generation and financial woes of our youth today, I had this nifty chart sent to me today. Many of you may have seen it but it is interesting nonetheless. Basically, this is a chart comparing the living at home.’s of European countries against the percentage of males
Many online blogs and advice sites seem to have a common message which says to not move back home no matter what. There is something to be gained by putting it out there and having to scrape by on your own for a few years while you find solid footing. I’ve even seen articles which point to employers preferring candidates who don’t live at home because they are out on the edge and don’t have the safety net that living at home provides.
Obviously, correlation doesn’t equal causation but I think it raises a decent question. Does living at home create more complacent men who are less ready to strike out into the world? I’ve always struggled to find an opinion on this as I think that moving home can certainly be beneficial until you get a decent job (or during an unpaid internship) but there is a lot to be said for having to strike out on your own and support yourself. What do you guys think? Obviously living at home for a 26 year old man isn’t desirable but is it really as terrible as it is made out to be? Is it contributing to the current financial malaise?