First of all, I’d like to start by saying I do pay rent to my parents and by 0 means am I a leecher. This statement is for the trigger-happy answerers who aren’t interested in reading succinctly.
Two, I define my version of “everyone” as civilized adults over the age of 18. Unfortunately there is no “adult” section on yahoo answers so I am forced to post here. For children (and also the children-minded adults), I suggest you continue to point your browser elsewhere.
I consider myself lucky. I have a decent job, a 4 year related college degree which I paid for completely out of pocket, $0 in combined debt (2 credit cards, paid car loan, paid student loan), $0 in medical bills, and I’m also in my early 20′s. At any time I can walk out and throw money away by getting an apartment or rent a condo. But I’d rather buy a house than throw my money away – and I consider paying interest a form of throwing away money. I fortunately “get along” with my parents and I have no other siblings to live with. They are happy with me as well, since I provide them with extra income and they no longer need to “provide” me with anything, save a single room. I would also assume they are lucky as well, they need not worry about having a meth addict for a son (I overhead this once while shopping at a liquor store recently – same age), or else having to provide for a leecher. I pay for everything I take for myself, whether it be food, car insurance, electricity bill, water bill, cable bill, ect. I know people who couldn’t stand their family and walked out at 18 and several years later can *just* barely make it month to month on rent and are also unable to get into a “career” because of the constant duty job work and lack of educated skill. I ask them if it was still worth it living in a run-down house in a bad neighborhood with no foreseeable future in mind, and their response: “hell yes.”
Anyways before I get too caught up in my own question, I’d like to state I do have a well-defined financial plan in mind, I see myself owning a very nice $350K house by age 28, no higher – with a combined $0.00 paid in mortgage interest. Assuming I can still apply myself as today, I will retire earlier than most and still cross the “million” barrier of financial worth. I know that with every year I live at home, I am saving hundreds of thousands of dollars in the process. Now I ask “everyone”, is all of this money worth the petty embarrassments like, bringing home a “casual encounter” you meet at a bar which may have been simpler if you had your “own place”?
Why the negative connotation in American society? Why the lack of life-planning? Why the disappointment in self when claiming living situation? Why chose to be the slave to a bank? What is normal?
Thank you to those who can provide a perceptive and rational dialogue.