25yrs old, making $30,000......

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SampSon

Diamond Member
Jan 3, 2006
7,160
1
0
Originally posted by: spidey07
dashen, the definition of immaturity is the inability to act like an adult and still live with your parents.

It actually is disgusting how many young people think mooching off their parents is OK.

maturity/adulthood = being able to take care of yourself.
immaturity = living with mommy in the basement.

At the age of 25 you need to be able to take care of yourself, and if you can't...well....you are still a child.
Making generlizations is also immature. Not every culture embraces their offspring leaving the household at a young age. Also people have many life situations that dictate if they can live on their own or not. Not everyone needs to go out and prove how of a big bad mature man they are, many are happy in their situations and have good reasons. Getting down on them just makes you look like some apathetic fool pushing your ideals on others.
Someone earning 30K in Southern California most likely cannot support themselves.

I went and lived with my parents for a while to basically support their lives. MS struck my mother and put her out of work for a year and my stepfather had major back surgery and couldn't work for nearly a year. I couldn't let them live in my rental property due to recently signed lease agreements, so I came back, moved in and paid the bills.

If that makes me immature then so be it. I'm sure my parents would disagree.
 

Azurik

Platinum Member
Jan 23, 2002
2,206
12
81
OP,

This is all the advice you will need:

Live with your parents for a while longer while building up a savings. More than half of ATOT isn't even out in the real world yet, but post here with assumptions of what is mature/immature, what you should/shouldn't do and how you need to prove yourself that you are independent.

You are TAKING a step in independence by not letting debt strangle you. It's a lot better to be financially free when you're younger than playing catch up.

By living with your parents and helping them pay the bills, you are NOT MOOCHING them, but rather co-residing with them. It's like living with a roommate, only they are blood.

Some people here are right on the mark... the right woman WILL NOT CARE that you are currently living with your parents. Most divorces are because of money, and if you are having money problems now, moving out and getting yourself more debt burden is NOT A TURN-ON. The name of the game is financial stability.

Lower your 401k to the amount the employer will match. You need the rest in readily available savings.

You're doing the right thing. Long-term is the name of the game. Americans as a whole are so much in debt, and most of the people clamoring to be independent are usually the ones more financially backwards.

I am fortunate the way things in life worked the way it did... I can't deny that. I am peer-wise, way ahead of the game, but confession time:

- I just graduated college, and I still live with my parents. I just turned 24.

- I have enough money to buy a house in cash, but am waiting for more capital for other ventures first. I contribute to my parent's cost of living.

- I have a beautiful girl who understands what I am doing and knows I am independent. I don't need to prove anything to her, myself or others in moving out right now as suppose to a year or two later.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Originally posted by: vi_edit
Sheesh. You could be making $35k-$40k by having nothing more than a pulse and the ability to spell your name at my employer(CSR job...thankless but pays wells)...and I'm in Omaha, NE.

Granted it's not California, but rent is cheap and Housing is reasonable (Nice homes for $130k).

You'll never get beyond poverty in that setting with your wage.

You never read millionaire next door have you? I made less than 20K when I was 18 and 19 and somehow saved up $17,000 to buy my first house at 21 139,000 house in San Luis Obispo.. needless to say it's gone up quite a bit today. I could buy 10 Nebraska starters with what it's worth. This was 15 years ago so 30K would be about right. It aint broke if you're living with your parents.
 

JImmyK

Golden Member
Oct 9, 1999
1,144
31
91
Originally posted by: Azurik
OP,

This is all the advice you will need:

Live with your parents for a while longer while building up a savings. More than half of ATOT isn't even out in the real world yet, but post here with assumptions of what is mature/immature, what you should/shouldn't do and how you need to prove yourself that you are independent.

You are TAKING a step in independence by not letting debt strangle you. It's a lot better to be financially free when you're younger than playing catch up.

By living with your parents and helping them pay the bills, you are NOT MOOCHING them, but rather co-residing with them. It's like living with a roommate, only they are blood.

Some people here are right on the mark... the right woman WILL NOT CARE that you are currently living with your parents. Most divorces are because of money, and if you are having money problems now, moving out and getting yourself more debt burden is NOT A TURN-ON. The name of the game is financial stability.

Lower your 401k to the amount the employer will match. You need the rest in readily available savings.

You're doing the right thing. Long-term is the name of the game. Americans as a whole are so much in debt, and most of the people clamoring to be independent are usually the ones more financially backwards.

I am fortunate the way things in life worked the way it did... I can't deny that. I am peer-wise, way ahead of the game, but confession time:

- I just graduated college, and I still live with my parents. I just turned 24.

- I have enough money to buy a house in cash, but am waiting for more capital for other ventures first. I contribute to my parent's cost of living.

- I have a beautiful girl who understands what I am doing and knows I am independent. I don't need to prove anything to her, myself or others in moving out right now as suppose to a year or two later.


Good advice and VERY impressive man, just amazing.

By the way what was that AOL name?
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Originally posted by: SampSon
Originally posted by: spidey07
dashen, the definition of immaturity is the inability to act like an adult and still live with your parents.

It actually is disgusting how many young people think mooching off their parents is OK.

maturity/adulthood = being able to take care of yourself.
immaturity = living with mommy in the basement.

At the age of 25 you need to be able to take care of yourself, and if you can't...well....you are still a child.
Making generlizations is also immature. Not every culture embraces their offspring leaving the household at a young age. Also people have many life situations that dictate if they can live on their own or not. Not everyone needs to go out and prove how of a big bad mature man they are, many are happy in their situations and have good reasons. Getting down on them just makes you look like some apathetic fool pushing your ideals on others.
Someone earning 30K in Southern California most likely cannot support themselves.

I went and lived with my parents for a while to basically support their lives. MS struck my mother and put her out of work for a year and my stepfather had major back surgery and couldn't work for nearly a year. I couldn't let them live in my rental property due to recently signed lease agreements, so I came back, moved in and paid the bills.

If that makes me immature then so be it. I'm sure my parents would disagree.


Hell I wish i could move back in right now, 34 with the whole gang,. Rent my place out generate some extra revenue, passive income thus no SS 14%. Free baby sitting service, free laundry service, free chef service bring it on.:D

My mom and dad would go for it but not my wife.:(

I agree with what you said about differing cultures. My parents are from europe where living at home is the norm until you can get a house of your own. Just makes economic sense rather than paying out to a slum lord and eating out a lot or cooking for a single person. My youngest brother just moved out at 27 - got into a nice home - 20% down.
 

Rudee

Lifer
Apr 23, 2000
11,218
2
76
Originally posted by: JImmyK
Originally posted by: Azurik
OP,

This is all the advice you will need:

Live with your parents for a while longer while building up a savings. More than half of ATOT isn't even out in the real world yet, but post here with assumptions of what is mature/immature, what you should/shouldn't do and how you need to prove yourself that you are independent.

You are TAKING a step in independence by not letting debt strangle you. It's a lot better to be financially free when you're younger than playing catch up.

By living with your parents and helping them pay the bills, you are NOT MOOCHING them, but rather co-residing with them. It's like living with a roommate, only they are blood.

Some people here are right on the mark... the right woman WILL NOT CARE that you are currently living with your parents. Most divorces are because of money, and if you are having money problems now, moving out and getting yourself more debt burden is NOT A TURN-ON. The name of the game is financial stability.

Lower your 401k to the amount the employer will match. You need the rest in readily available savings.

You're doing the right thing. Long-term is the name of the game. Americans as a whole are so much in debt, and most of the people clamoring to be independent are usually the ones more financially backwards.

I am fortunate the way things in life worked the way it did... I can't deny that. I am peer-wise, way ahead of the game, but confession time:

- I just graduated college, and I still live with my parents. I just turned 24.

- I have enough money to buy a house in cash, but am waiting for more capital for other ventures first. I contribute to my parent's cost of living.

- I have a beautiful girl who understands what I am doing and knows I am independent. I don't need to prove anything to her, myself or others in moving out right now as suppose to a year or two later.


Good advice and VERY impressive man, just amazing.


Of course he's going to advocate staying at home like the OP. A grown man living with his parents.
 

SouthPaW1227

Golden Member
Aug 4, 2004
1,863
0
0
I'm being very honest here:

Get. Out. Of. California.

You can't live a decent life in Cali w/ 30k per year...
 

RaistlinZ

Diamond Member
Oct 15, 2001
7,470
9
91
Wow, I didn't think this thread would get to 4 pages. :Q

Thanks for all the advice. Just a little update, I managed to get a teeny raise from my work, just $100/month more but it's better than nothing. I also cancelled the life insurance I was paying into, so that's $100/month back into my pocket. :)

I am going to look into getting a different job. The main reason I stay with my current job is that they promote people very quickly and there is the potential to make very good money down the road. I will also likely roommate with someone, just so I can get out of my parents' hair. But for the time being, I'm going to continue to save and pay down my debt.
 

frankqfrank

Golden Member
Aug 29, 2001
1,040
0
0
Do you work for Enterprise? My cousin worked at Enterprise here in Ohio right out of college probably making 20-30k with LONG hours believing "they promote people very quickly and there is the potential to make very good money down the road." Age 26 rolls around and he wants to get married and still making <30k, no sign of promotion, so he quit and now works for Cintas in Columbus making 50k+ and is happily married. I've known three people who have worked for Enterprise, none of whom speak highly of it.

Also, he said his step mom is kicking him out, yet 80% of the suggestions are to stay at home. I think he wanted some other options people, if staying at home was kosher he problaby wouldn't have made the thread.

As to the maturity topic that has found so much discussion here, IMO there are just too many factors to clearly say that someone should or should not be living with their parents at such an age. Some parents want their kids out, some would love to have them live at home for a while into their 20s. Some people mooch off their parents, some contribute so that the housing situation becomes mutally beneficial. Some people live a lifestyle that is compatible with their parents values, or have parents that tolerate their lifestyle, while others just simply couldn't be happy living at home at that age. I don't know that I can make a recomendation, as deciding what to do depends on what you want. People here are making assumptions about what you want when giving advice, and you need to figure out what's important to you. Do you want to get married? Soon? Eventually? Kids? Need to live near your parents? Want to live any place specific? Are you even going to consider a job hunt? Are you "all in" on your Rental Car job and intending to stick with it regardless? Do you have a college degree? In what? From where? I don't want to be annoying at all, I just don't think I could or should give advice to someone who might not want what I think he should want. No one on this forum knows what is best for you. Assuming you are living a legal and perhaps even productive life, you should do what is going to give you the happiest life. People here are assuming everything from independance to a nice car to a fat 401(k) to a sweet bachelor pad will make you happy. Are any or all of these true? That's for you to figure out.

The specific issues were addressed pretty well I think. I don't know why you would have a life insurance policy without a wife or children so I agree that was a bad idea. 401(k) is great and all, but you should weigh the future benefits of your contributions against their cost to your happiness now, and find how much is "worth" contributing each month. There are certainley arguments in favor of maxing it out, and arguments for cutting it out, but it comes down to what it's costing you now to give you in the future.

This post has gotten a little long. Since everyone here loves talking about themselves I will join in. I am a 23 year old graduate student after a Master's in computer science. The stipend for my assistantship is $1200 / month and since it's so much cheaper to live in the midwest than Cali I can live on it, although thankfully I make a few hundred a month additionally on party poker. I have a gf and thankfully she isn't very expensive (yet) still being in college. My rent and bills total around $550/month. Flame away, I wonder if I offended anybody.


 

frankqfrank

Golden Member
Aug 29, 2001
1,040
0
0
Originally posted by: virtualgames0
Stay with your parents but pay them some money for rent.

I thought I read he was already paying them $200 / month and he's still gotta go. I think people are assuming their parents wouldn't ever kick them out, especially with an offer of rent, and are making such assumptions about OP's situation. His step mom has the right to want to live alone with her husband.
 

topslop1

Senior member
May 8, 2004
828
2
81
Smack your stepmom in the mouth and tell her to bake you some pie. Then payoff your loans and leave when you feel like it.