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Record numbers of young adults are moving back home to live with their parents, thanks to high housing costs, inflation and remote work options. The arrangement can give young adults a much-needed financial boost, but it can strain their parents’ finances. For this reason, experts recommend that young people contribute financially to the household, and that both parties clearly express their expectations. Parents should monitor their spending to keep track of additional expenses and help their children develop an exit strategy and eventual path to financial independence.

When Amanda Claypool was 28, she quit her government contracting job in Washington, D.C. and moved into her parents’ home in upstate New York while she figured out her next move. Then the pandemic hit, and his temporary comeback took longer than he had planned.


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