I'm 31, When Should I Move Out Of My Parent's House?

Поділитися
Вставка
  • Опубліковано 20 січ 2023
  • 💵 Create Your Free Budget! Sign up for EveryDollar ⮕ ter.li/6h2c45
    📱Download the Ramsey Network App ⮕ ter.li/ajeshj
    🛒 Visit The Ramsey Store ⮕ ter.li/7vyom2
    📞 Have a question for the show? Call 888-825-5225 weekdays from 2-5 pm ET or send us a message ter.li/n88ly5
    Explore More Shows from Ramsey Network:
    🎙️ The Ramsey Show ⮕ ter.li/ng9950
    🍸 Smart Money Happy Hour ⮕ ter.li/9gcp3d
    🧠 The Dr. John Delony Show ⮕ ter.li/2u3mc0
    💰 George Kamel ⮕ ter.li/1elws8
    💡 The Rachel Cruze Show ⮕ ter.li/n2u6jc
    💼 The Ken Coleman Show - Highlights ⮕ ter.li/1rbjr2
    📈 EntreLeadership ⮕ ter.li/ktxv2k
    Ramsey Solutions Privacy Policy
    www.ramseysolutions.com/compa...

КОМЕНТАРІ • 607

  • @TheRamseyShow
    @TheRamseyShow  Рік тому +1

    Looking to learn more? Check out these related articles from Ramsey:
    Should I Rent or Buy a House? - bit.ly/RamseyRentVsBuy
    How Much Rent Can I Afford? - bit.ly/RamseyAffordRent
    Moving Checklist - bit.ly/RamseyMovingChecklist

  • @wdeemarwdeemar8739
    @wdeemarwdeemar8739 Рік тому +215

    About 12 years ago. My mom converted my room the day I left. I asked her why she said she didn’t want me getting any ideas.

    • @rustykatt3870
      @rustykatt3870 Рік тому +14

      Hi Wdeemar, in 20 years, would you have her live with you? Generational question.

    • @dawidstone3285
      @dawidstone3285 Рік тому +24

      Your mom didn't want you in the first place haha

    • @1amG1G1
      @1amG1G1 Рік тому

      @@wordsalad01 👏🏼

    • @rainacherienne1010
      @rainacherienne1010 Рік тому +6

      My friend’s mom done this, took down the wall and made one large room for herself immediately same week when my friend moved out. No way back.

    • @wdeemarwdeemar8739
      @wdeemarwdeemar8739 Рік тому +4

      @@rustykatt3870 my mom actually became I’ll years ago but although she didn’t live with me I helped take care of her. So tough question but I did help her when she needed it

  • @redfox_84
    @redfox_84 Рік тому +227

    I'd have a great year financially too if I was living with my parents.

    • @cathyandresiak1975
      @cathyandresiak1975 Рік тому +38

      Then go move in with them!

    • @endlesswrestling163
      @endlesswrestling163 Рік тому +29

      @@cathyandresiak1975 I think you're missing the point

    • @mxerb5912
      @mxerb5912 Рік тому +4

      No kidding😂

    • @brendondowdy5651
      @brendondowdy5651 Рік тому +13

      Then do it. Living at home is a super smart thing.

    • @brendondowdy5651
      @brendondowdy5651 Рік тому +9

      @130IQ agreed. Alot of people benefit financially from you moving out so they say you should do it lol.

  • @jasminmesa1811
    @jasminmesa1811 Рік тому +48

    This isn't so much a math problem but a behavior. Like motivation and navigating feelings of independence. You got this!

    • @roddiesimmons8773
      @roddiesimmons8773 7 місяців тому +3

      I totally agree! I know now when woman say there are no good men left, it just may be that they`re really no independent men around. How secure do you feel saying I am 31 and I still live with my parents. Who cares about the math, it just becomes an excuse for your timidity.😎

  • @fender7802
    @fender7802 Рік тому +225

    I'm 30 and have my own house. My advice to him - stay with your parent's as long as you want. Who cares what people think.

    • @reese85
      @reese85 Рік тому +30

      Exactly! Times are hard

    • @stevenporter863
      @stevenporter863 Рік тому +19

      Agreed, as long as there is a real timeline to follow. Not for a permanent arrangement. Living at home is costing him his dignity (not what other people think, how he sees himself). Also, he is 31, what if he gets in a relationship? Living at home isn't exactly a magnet like it or not.

    • @adel19997
      @adel19997 Рік тому +14

      And help parents out as well.

    • @westsidesagittarius3103
      @westsidesagittarius3103 Рік тому +4

      Literally the worst time to move anyway with inflation and all

    • @mohammad.Du93
      @mohammad.Du93 Рік тому

      Exactly

  • @siciliangamer
    @siciliangamer Рік тому +118

    This video needs to go viral. Guy making 80k with 40k saved not able to responsibly move out of parents home at 31 due to cost of living

    • @thejakelegion
      @thejakelegion Рік тому +54

      Nonsense. It's because he lives in LONG ISLAND, New York. He could live in 95% of continental America and afford to live on 80k.

    • @HiAnthonyA
      @HiAnthonyA Рік тому +18

      @@thejakelegion right on the button with that one. Long Island rent is a rip off because the insane property taxes thanks to decades of democrat control

    • @siciliangamer
      @siciliangamer Рік тому +6

      @Jake Legion ...it isn't like he just decided on a whim to move there. His elderly parents live there. So he has to move away from them when they will likely need him soon.

    • @Naturefan354
      @Naturefan354 Рік тому +10

      @@siciliangamer Not to mention his entire life is likely there too.

    • @Sophie3647s
      @Sophie3647s Рік тому +9

      @@thejakelegion Where will he find another job at 80K in the middle of no where?

  • @jimroscovius
    @jimroscovius Рік тому +79

    Marriage with combined finances is awesome!! We're living the dream - haven't had debt for years, paid cash for our cars, paid-off house, money in the bank and investments - thanks to working together!!

    • @dz5598
      @dz5598 Рік тому +7

      Ooooof. Don't look up "family court"

    • @jimroscovius
      @jimroscovius Рік тому +5

      @@dz5598 They aren't working together.

    • @asdffdsa898
      @asdffdsa898 Рік тому +8

      Stay a man.
      Keep evolving.
      Maintain the ability to focus on yourself.
      Study your wife.
      Challenge and stimulation her emotionally, physically, mentally, and spiritually.
      Keep attracting her. Don't get comfortable.
      You have nothing to worry about...

    • @Krinbo
      @Krinbo Рік тому +4

      Good for you, Jim! I hope to be you someday. 😀

    • @jimroscovius
      @jimroscovius Рік тому +3

      @Mindi Monstrr You can be if you want to be. No doubt we've been blessed, but it takes some work too.

  • @billybobpeach
    @billybobpeach Рік тому +68

    I think Jade is such an awesome addition to the Ramsey Show. I just really enjoy commentary and unique outlook while she still holds the tried and true Dave Ramsey principals.

    • @marcmontalvo787
      @marcmontalvo787 Рік тому +1

      She is creative, thats it! Everyone says "do what you gotta do, sell what you gotta sell to get this money" but jade gives personalized examples! Go do private lessons and youll make double! Thats what sets her apart

    • @tucoramirez9729
      @tucoramirez9729 Рік тому +3

      She's on the show because she's blk/a woman and that's a fact,,

    • @joeriveracomedy
      @joeriveracomedy Рік тому +4

      @@tucoramirez9729 Tuco gets it

    • @whothou
      @whothou 7 днів тому

      She's arguably the best one in the show after Dave and is most definitely the most aggressive one after Dave.
      So can it with your "it's just cause she's black".
      She's objectively one of thee best on the show.
      ​@@tucoramirez9729

  • @Zetpherious
    @Zetpherious Рік тому +46

    I'm confused...How is he saying he can't afford to live on his own when rent is 2K/mo and his take home is 6K..? He has 4K to pay for bills and groceries / transport (1K a week) and to save.

    • @arfriedman4577
      @arfriedman4577 5 місяців тому +12

      I think he didn't want to throw away money on rent and be down $2000 every month rented.

  • @bigcahuna42366
    @bigcahuna42366 Рік тому +48

    It blows my mind just how expensive it is to live in NYC. Making a take home of $6k per month is honestly good money, but to find a decent place there and not spend more than a third of that income in rent is pretty tough.

    • @iamkesha.
      @iamkesha. Рік тому +2

      I rang in 2023 New Year in Dubai snd everyone says it is an expensive city. It is but it is a save, clean, no homelessness, no tent cities, crimes, etc. If you are going to live in an expensive city, wouldn’t you want to live in a safe, clean city? No American major expensive city is save and clean.

    • @christinebutler7630
      @christinebutler7630 Рік тому +1

      Of course, you could always. ...live somewhere else besides NYC.

    • @Xx0GsaburzxX
      @Xx0GsaburzxX Рік тому

      @@iamkesha. you obviously haven’t seen America then. I live in SoCal and the county I live in is safe and clean!

  • @arfriedman4577
    @arfriedman4577 5 місяців тому +21

    Stay in your parents home as long as they let you. Save as much as you can and invest as much as you can.
    My parents let us stay as long as we wanted and i was thankful. After college i paid rent to my parents. I eventually moved out.
    Who cares what people think if you live with your parents for a bit longer.

  • @shumatsuopost
    @shumatsuopost Рік тому +52

    It's great to see someone taking a step towards change and following their desire!

    • @JosePereira-ly5fb
      @JosePereira-ly5fb 9 місяців тому +1

      I just did that! Scarier than I thought, but I love this feeling

  • @dahliahart6
    @dahliahart6 Рік тому +35

    I see so many comments saying " I'm saving up, I just want to be ready" sounds like the kid that never jumps in the pool, just stands on the side phyching himself out.

    • @unspokentenacity
      @unspokentenacity Рік тому +7

      The eagle that never leaves the nest is known as a turkey.

    • @whoelsebutme8
      @whoelsebutme8 Рік тому +1

      Lol that’s me!!!

    • @FrancodeChicago
      @FrancodeChicago Рік тому +2

      Being prepared is the key to success

    • @sixteen.candles.4644
      @sixteen.candles.4644 Рік тому

      Right.

    • @carloscrespin7074
      @carloscrespin7074 Рік тому +5

      Over half of Americans are living paycheck to paycheck. Maybe that’s a sign that moving out before you’re ready is actually one of the worst things you can do. For what? Dumb pride? And then we wonder why there’s a mental health crisis in this country.

  • @aThinkingChristian
    @aThinkingChristian Рік тому +17

    Buy a duplex and rent one side to offset the mortgage.

  • @jonquindiagan682
    @jonquindiagan682 Рік тому +3

    I’m right there with you. Thank you for sharing this!

  • @laneblount9888
    @laneblount9888 Рік тому +7

    I lived with my parents for a year working full time. I was blessed to have no bills and was able to save up for a down payment and buy a home at 21

  • @armandoweckmann5699
    @armandoweckmann5699 Рік тому +20

    Some people are able to pull off living at home when they get along with their parents. Culture matters, too! In Latino culture, you move out when you establish a stable relationship/marriage. In the United States 🇺🇸 parents expect their kids to move out at 18. To each their own.

    • @arfriedman4577
      @arfriedman4577 5 місяців тому

      I'm from usa and my family and most of my friends families let kids stay as long as they could. We all worked. I paid rent after college.

    • @Coryraisa
      @Coryraisa 10 днів тому +1

      In Latino cultures, the grown offspring contribute to household expenses, not just mooch off the parents.

  • @Omari1125
    @Omari1125 4 місяці тому +4

    I didn't leave home until I was 32. Just make sure you're helping out and carrying your own weight.

  • @Barneyjo
    @Barneyjo Рік тому +90

    Move out and move to a different state/ area. You will not regret it! Living with your parents is debilitating you by staying in a safe zone. Even if you fall on your face you are still moving forward. You will feel so much stronger and be much more attractive to others instantly! I don’t even know you and have faith in your survival 😂

    • @amyleigh7624
      @amyleigh7624 Рік тому +7

      Definitely! My cousins (ages 18-25) still live at home because things are expensive in CA. I keep telling them to move to another state like I did.

    • @AnaGiselle777
      @AnaGiselle777 Рік тому +9

      Hi, yes That’s a good point of view.
      I would like to move to another state, that is fine when the parents are under 70, but when they are old the children should not live far from their parents, good parents who have been good to you and responsible, obviously. That happens to me, my father is 82 years old and he has been an excellent father, I want to move to another state and I am not doing it just for him, because he needs me a lot, love, frequent visits, etc.

    • @brandondavis9016
      @brandondavis9016 Рік тому +3

      @@AnaGiselle777 I am in the same predicament. My father is 82 and I am only 20 so I would’ve hoped to be leaving soon after college but I believe it is best for me to stay in the area due to his age.

    • @JohnSmith-fx7ge
      @JohnSmith-fx7ge Рік тому +2

      I'm a homeowner who lives 30 min from my parents. But they're older and need my help with certain things, they're great people, and now it's a great area. They're also not going to be around forever.

    • @Barneyjo
      @Barneyjo Рік тому

      @@JohnSmith-fx7ge
      That’s honorable! You have taken care of yourself so you can now care for your parents. By care I don’t mean physically care for them because they need help. But you are able to be adult friends where there is no other reason but because you respect and love one another and you have each other’s best interests in mind. ❤ love it!
      My dad use to say you never know what kind of a parent you have been until your kids have left your house. It was a head scratcher at that time but I get it now!

  • @cutlerylover
    @cutlerylover Рік тому +5

    Love the Purple Rain tshirt under the blazer 😁Youthful and professional at the same time, haha

    • @MrJerry160
      @MrJerry160 2 місяці тому

      Hey Jeff, why do I see you here? I thought you just lived with your wife no?

  • @budgetingdaddyuk6761
    @budgetingdaddyuk6761 Рік тому +7

    Best to move out wherever you are ready, both financially and mentally, especially with the ever increasing cost of living, rent etc.

  • @Gamebreaker08
    @Gamebreaker08 5 місяців тому +5

    Paying rent is fastest way to never being a homeowner. Don't listen to these tools. Stack your money. That's 2K extra a month that could be going in your pocket.

    • @lorirogers9304
      @lorirogers9304 Місяць тому

      Everyone on Ramsay’s show are really disconnected from the rest of us poor schmucks.

  • @elmerramirez1215
    @elmerramirez1215 Рік тому +26

    I’m 26 and would still live with my parents if I wasn’t married, I was saving a lot of money

    • @elmerramirez1215
      @elmerramirez1215 Рік тому +8

      Now I’m broke lol

    • @devengudinas1649
      @devengudinas1649 Рік тому +8

      No you’re married. She controls the money now 😂

    • @azteca6695
      @azteca6695 Рік тому +1

      I moved out at 32. In the meantime, I paid off my debit and hoarded money for my house. I'm 52 now, no mortgage or car payment now.

  • @jfresh2054
    @jfresh2054 Рік тому +11

    Bro 6k are you crazy. That’s a ton of money

  • @incognito1427
    @incognito1427 Рік тому +48

    Same age here and Left my parents home at 17 y/o to become a grown man.

    • @davidbrayshaw3529
      @davidbrayshaw3529 Рік тому +3

      It took me 'till 20. By 28, I had a wife, child and a mortgage.

    • @TheWalamala
      @TheWalamala Рік тому +5

      @@davidbrayshaw3529 you want a cookie for the brat

    • @davidbrayshaw3529
      @davidbrayshaw3529 Рік тому

      @@TheWalamala It's too late for that. He left home at 18. He's about to turn 25 and he's paying a mortgage on an apartment himself, now.

    • @natefreeman1466
      @natefreeman1466 Рік тому +1

      Paying mortgage on an apartment? That doesn’t even make sense lol.

    • @Coastpsych_fi99
      @Coastpsych_fi99 Рік тому

      Good for you! I’m happy to spend time with my mother and save money.

  • @siciliangamer
    @siciliangamer Рік тому +26

    This is the reality of the situation. In many places even living at home until 31 doesn't net enough income to move out of your parents home. This is the real reason so many people are having difficulty these days. The fact that their advice to him based off the Ramsey plan is to try to somehow get more income is 😂

  • @nsharma99
    @nsharma99 Рік тому +9

    HOA fees in NY are absurd. $900+ a month!

    • @Coryraisa
      @Coryraisa 10 днів тому

      Rent. There is no shame in renting.

  • @MrOfficer235
    @MrOfficer235 Рік тому +13

    Anyone in their 30’s living with their parents doesn’t need to call the Ramsey show. They should be calling a therapist and figure out why they still live at home.

    • @choicemeatrandy6572
      @choicemeatrandy6572 Рік тому +11

      There's nothing wrong with living with your parents in your 30's.

    • @carloscrespin7074
      @carloscrespin7074 Рік тому +6

      Nah not everyone comes from a broken family like you clearly have.

    • @MalcomMalediction
      @MalcomMalediction Рік тому +1

      Thats an ignorant comment lol most people r just sht out of luck or have fallen on hard times which is hella common especially if u live in a very communist area where cost of living and inflation is extreme. U dont need a therapist, you need guidance which is what Paul did when he called the Ramsey show.

  • @ykciR
    @ykciR Рік тому +22

    I’m 28 and still living with my parents. Sadly I have to move out. I have a baby on the way 😂😂. But I’m building my house in cash! I would still be living with them if it wasn’t for my new baby.

    • @keronhodge4773
      @keronhodge4773 Рік тому +7

      I agree stay home as long as you can and stack that paper.

    • @hustlasstory7611
      @hustlasstory7611 Рік тому +8

      Living at home and making a baby... i couldn't imagine.

    • @lorirogers9304
      @lorirogers9304 Місяць тому

      Are they kicking you out? That’s the last thing they should do, unless you’re moving in with baby daddy.

  • @georgewagner7787
    @georgewagner7787 Рік тому +6

    If he's teaching for someone else, they're taking a cut. That happened to me with English tutoring and I didn't know what the new rates were so I really got stuck

  • @Eddie-3466
    @Eddie-3466 Рік тому +3

    "Buying a cheap condo with low HOA fees can be a smart decision. It's important to do your research and take into account factors such as location, the condition of the property, and the cost of associated expenses like HOA fees. Start looking now and it could be the best decision you ever make!"

  • @treviniaturner3881
    @treviniaturner3881 Рік тому +11

    $60/hr is good but $100/hr is a bit much unless your a sought after teacher

    • @sonojon0
      @sonojon0 Рік тому +5

      Agreed. He’s going to need a good reference sheet or word of mouth to be $100/hr worthy.

    • @jimhandler1129
      @jimhandler1129 Рік тому

      It's the norm on Long Island

  • @Themoomabides
    @Themoomabides Рік тому +35

    Caller: I’m a full time teacher, full time private lesson instructor, and I don’t sleep.
    Ramsey Hosts: Sell the car and drive Uber.

    • @austinayala
      @austinayala Рік тому

      Your point is?

    • @Themoomabides
      @Themoomabides Рік тому +8

      @@austinayala you don’t see the irony in selling your car to drive Uber?

    • @austinayala
      @austinayala Рік тому +6

      @@Themoomabides now i do 😂

    • @legomaster7770
      @legomaster7770 Рік тому +5

      @@austinayala On their deathbed, no person ever says, "I wish I had spent more time working."

    • @austinayala
      @austinayala Рік тому

      @@legomaster7770 I will be the one saying that actually

  • @Jazna1
    @Jazna1 Рік тому +23

    31? A 31-year-old man wants someone to tell him when he can move out of his parents' house? Wow. About ten years ago, dude. TEN YEARS AGO.

    • @davidbrayshaw3529
      @davidbrayshaw3529 Рік тому +6

      It says it all, doesn't it. That's why you should leave home when you are young, so you can learn to make your own decisions.

    • @carloscrespin7074
      @carloscrespin7074 Рік тому

      @@davidbrayshaw3529 both of you are out of touch boomers. Jesus.

    • @kades3568
      @kades3568 Рік тому +2

      Dudes being ENABLED. Should have moved out 10+ years ago. Parents shoulda kicked him out long ago. It is just as loving to make him learn his own lessons and be there for advice when he needs. Cant do it for him.

    • @Salihe-br9xe
      @Salihe-br9xe 2 місяці тому +1

      Nope. Depends on situation and rent, and him earning.

  • @Buggu3
    @Buggu3 Рік тому +26

    Paul is a BIG BABY

  • @gypsypath1
    @gypsypath1 Рік тому +57

    Intergenerational living helps everybody, from grandkids having actual relationships with their grandparents to helping each other when someone needs a hand or is sick to making it easier to build generational wealth.

    • @RubyMVmistress
      @RubyMVmistress Рік тому +13

      Yes, I live in a city with lots of Vietnamese, and a lot of them do this.
      They all have their own cars, sone beaters, some nicer. Their house are paid off. The traditional families are more successful than the modernized vietnamese family.

    • @asdffdsa898
      @asdffdsa898 Рік тому +9

      That has to be the intention.
      Most people in the US who are in their 30s living in their parents are there out of financial fear.

    • @Krinbo
      @Krinbo Рік тому +13

      I agree that intergenerational living is a really great lifestyle for people who are specifically going for it. I also believe that being paralyzed and depressed to the point where you don't want to do anything and your parents enable this by expecting nothing of you is harmful.

    • @naomirachel9161
      @naomirachel9161 Рік тому

      Not every form of living with your parents is intentional multigenerational living. That is a myth.

    • @Nepthu
      @Nepthu Рік тому +10

      My family lived intergenerational. There are a TON of benefits, but a drawback is most people in the family remain single and find dating as an adult off-putting.

  • @olimphus26
    @olimphus26 Рік тому +6

    The only criticism I always give these guys is the disconnect between what they think the rent prices are and what those prices actually are. “Can you get something for $1500?” No I can’t, there is none, unless I move to another city but that would entail quitting the job I am totally happy with right now and I do not want to leave that job just to look for a cheaper rent in another city. That’s a very unrealistic advice.

  • @TechnMoto
    @TechnMoto Рік тому +10

    At this point just stay with your parents and invest all your money. Heck you should have a ton of cash by now living with your parents.

  • @jimroscovius
    @jimroscovius Рік тому +45

    I moved out and was working fulltime at 20. Don't be a 31-year-old baby hanging on to mommy.

    • @war8036
      @war8036 Рік тому +22

      And what year was this in Jim? The 60s 70s or 80s?

    • @5280Roadrunner
      @5280Roadrunner Рік тому

      But that means he would have to adjust his life style and become responsible. Somebody fail him by not protesting him for the real world (mom and dad)

    • @WilliamGilbert88
      @WilliamGilbert88 Рік тому +4

      Shame on you to judge others.

    • @jimroscovius
      @jimroscovius Рік тому +3

      @@WilliamGilbert88 I'm not judging. I'm just saying not to be that guy.

    • @Lugiox
      @Lugiox Рік тому +2

      I’m in a similar situation and this is terrible advice. I’m 31, living at home, and a millionaire with a high paying job…. and basically ready to retire lol. You bet I’ll do the same for my kids ;)

  • @adamseidel9780
    @adamseidel9780 Рік тому +6

    Lol, he’s on Long Island and they ask him if he can find $1,500 rent. Go back to Tennessee George 😂😂

  • @Ryan_DeWitt
    @Ryan_DeWitt Рік тому +9

    31 years old? About 10 years ago at least.

  • @JohnDoe-tq5hy
    @JohnDoe-tq5hy Рік тому +23

    I think he definitely should wait until he can at least get that 80k in the next year or two. The ‘social impact’ damage has already been done past 30 so no point in rushing out now.
    I think she is underestimating the cost of living there.

    • @mbank3832
      @mbank3832 Рік тому +11

      I agree. People in this country just move out even tho they are not ready financially because they want to look good to their friends as they are embarrassed that they haven't moved out at a certain age. This is the same thing as driving a car you can't afford, because you want to impress people you don't care about

    • @asdffdsa898
      @asdffdsa898 Рік тому +3

      @@mbank3832 It's not about society past the age of 23.
      It's your own comfort and fears.

    • @mbank3832
      @mbank3832 Рік тому

      @@asdffdsa898 me? oh no, i am just a messenger. I was never a fan of following social norm

  • @brendondowdy5651
    @brendondowdy5651 Рік тому +11

    Moving out early is a fundamentally bad idea. Nothing wrong with being 30 living at home. Why move out and get bills. Stay home save up money buy a house with cash.

    • @davidbrayshaw3529
      @davidbrayshaw3529 Рік тому +7

      How many people stay at home and save up cash to buy a house? Not many, I would suggest. And this gentleman is a very good case in point. Presumably he left school 13 or 14 years ago and he has $80 k saved. At that rate, he won't be buying a house until he's about 70!
      You need to leave home in order to gain a sense of independence
      and to develop self-reliance skills. For many, the adversities that they face out in the "real world", give them greater drive and pushes them toward success.

    • @beckymigdal3140
      @beckymigdal3140 Рік тому +1

      It is bad if he isn’t paying anything to his parents.

    • @brendondowdy5651
      @brendondowdy5651 Рік тому

      @@beckymigdal3140 why?if his parents are financially sound of course. Then in return when the time comes he can help his children. America's capitalism (which I love almost always) has influenced people's thought on this topic

    • @jacqueslee2592
      @jacqueslee2592 5 місяців тому

      You would want to save money to buy a house because you want a house under your name and for yourself. It only applies if you are single. Couples tend to buy homes because they have joint income. One income alone today cannot buy you a home if you have average salary even if you make $80,000-100,00.

    • @brendondowdy5651
      @brendondowdy5651 5 місяців тому

      @jacqueslee2592 if you live a place that's not run by dems and overpopulated 100k is plenty to buy a very nice home.

  • @benb7727
    @benb7727 Рік тому +29

    The sad thing is, he sounds proud of where he is in life. I get everyone is different, but dang. You are a little boy in a big boy’s body.

    • @queen4u281
      @queen4u281 Рік тому +2

      I agree! I know several grown adults his age and older who still proudly live with their parents. It still doesn’t make sense to me. They actually brag about it. I just think they are getting over on their parents.

    • @cathyandresiak1975
      @cathyandresiak1975 Рік тому +8

      Oh BS. maybe his parents like him being there for a while!

    • @benb7727
      @benb7727 Рік тому +7

      @@cathyandresiak1975 that’s most likely where the problem started. Co dependent parents with an unhealthy attachment to their child. If you love them you will let them grow up. We aren’t raising kids so they can prop up our emotions. We are raising kids to be self sustaining adults that don’t forget where they come from. I take it you have a man child still at home?

    • @MrTmenzo
      @MrTmenzo Рік тому +5

      I bet he's more wealthy than you lol

    • @ianrobinson4200
      @ianrobinson4200 Рік тому +7

      @@wordsalad01 So what? Everyone follows their own path, there's no timeline. And I say this as someone in my 30s with a paid off house, it hasn't made me feel any different. I don't feel like I'm any better than someone who is my age and still living at home.

  • @ThatsNotFunnyThatsSick
    @ThatsNotFunnyThatsSick 6 місяців тому +1

    I moved1300 miles away from my parents house in 1992 when I was 23. Then I started a pest control company that I sold to Massey Services in 2016. Zero college experience and I never have to worry about debt at all.

  • @gtf5392
    @gtf5392 18 днів тому

    Great advice by the two hosts on this one. They looked at all angles of expenses, income and the caller’s specific situation rather than just giving blanket advice.

  • @shawnreed4859
    @shawnreed4859 Рік тому +13

    Must be nice I’m trying to get my parents to move out my house.

  • @susan5661
    @susan5661 Рік тому +18

    How much is Paul contributing to his parents each month?

    • @jasonrodgers9063
      @jasonrodgers9063 Рік тому +4

      I'm guessing "zilch".

    • @musselmanmedia5236
      @musselmanmedia5236 Рік тому

      im. 23 graduated college live at home i help with dishes landscape the yard cut the shrubs help my neighbors do laundry clean the house walk the dog and work where i can when im hired out to jobs freelancing

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting Рік тому +5

    Move out of NYC and you can put 35-50% down on a nice place.

  • @drewdelaney4166
    @drewdelaney4166 Рік тому +2

    Take home pay is 6k a month and he can’t afford a 2k rent apartment?!?! That BS. I’d move out yesterday making that and stuck at home. I rented a beautiful brand new one bedroom apartment in NH for $1850

  • @HiAnthonyA
    @HiAnthonyA Рік тому +8

    I feel this guy’s struggle. Long island’s rent is a joke and it causes people to live so tightly

    • @jimhandler1129
      @jimhandler1129 Рік тому

      It can be done. I rented my house for 10 years, now I own my home on Long Island.

    • @Bnhuskins
      @Bnhuskins Рік тому

      Or move.

    • @sconnell1791
      @sconnell1791 Рік тому +1

      I do not miss that place. Absurd with the property taxes. It basically doubles your payment compared to many other places.

  • @Sevkingblade
    @Sevkingblade Рік тому +4

    Well normally I would say that he should move out a long time ago but if he plans to stay in New York I would say stay at home as long as you need. Or move out and suffer under the high rent situation and determine for yourself that staying in New York is not worth it 🤷🏾‍♂️

  • @noso4609
    @noso4609 Рік тому +18

    Wow! Arrested Development in America is real!

  • @tjj5337
    @tjj5337 Рік тому +2

    6K a month and STILL a lives with his mommy??? What a snowflake!!! I blame his parents…

  • @TheMagdielzuniga
    @TheMagdielzuniga Рік тому +6

    I teach private lessons for a living and charge $75/hr.
    You can indeed make a lot more for the same amount of work- get it my guy!

  • @umismiles
    @umismiles Рік тому +14

    Great episode! Paul move out and come marry me 😂 jk. You got this brother! You're doing well for yourself! Excited for you!

  • @listerinr
    @listerinr Рік тому +7

    Spoiler Alert: He raised his rates and lost all of his students.

  • @katiefountain2407
    @katiefountain2407 Рік тому +3

    To each his own....
    I know I was plotting and planning on my adult independence.
    I moved out just after my 18th birthday. I didn't even have a job yet. Thankfully found one a week later.

    • @davidbrayshaw3529
      @davidbrayshaw3529 Рік тому

      I wonder how long it would have taken you to get a job if you were still living at home. I'm betting, a bit more than a week.

    • @MalcomMalediction
      @MalcomMalediction Рік тому +1

      @@davidbrayshaw3529 so what. It just means u had more time to find a job u actually enjoy rather than being desperate n taking a job u hate.

  • @5280Roadrunner
    @5280Roadrunner Рік тому +16

    His parents are way too kind or make it way too easy on him. Dude, you’re 31, grow up, move out and start your own life.

  • @domega7392
    @domega7392 Рік тому +11

    Its hard to marry in this culture. Men who actually have their stuff together, YOU ARE THE PRIZE! Remember that.

    • @ceecee8757
      @ceecee8757 Рік тому +8

      Well, he sure isn't a PRIZE if he's still living with his parents! Major turnoff.

    • @domega7392
      @domega7392 Рік тому

      @@ceecee8757 I know a lot of men who lived with their parents when they met their wife. They are all healthy couples and married for 10+ years. Average age 25-35. They are the PRIZE in this toxic feminized culture. There are a lot of single women who are 40+ and hate men because they believed the lies.

    • @davidbrayshaw3529
      @davidbrayshaw3529 Рік тому +2

      @@ceecee8757 It hardly screams Alpha male, provider, carer, lover, does it.

    • @ceecee8757
      @ceecee8757 Рік тому

      @@davidbrayshaw3529 no, sir, not at all. 🤣

    • @Sevoflurane2014
      @Sevoflurane2014 4 місяці тому

      I make 6 figs, own a home, 2 paid off cars and my GF left me for a 32 yr old Man Child who has never moved out of mommy and daddy's house but he makes $16 per hour lol. And mom and dad live in $700k home.

  • @donnanorris4733
    @donnanorris4733 Рік тому +3

    Both my kids left home at 21. I was 18. 18 is too young. None of us returned home :-).

  • @cyoohoos
    @cyoohoos Рік тому

    I married and moved out young. My siblings moved out as well. My mother painted our room, ripped up the carpet, got rid of the bunk beds and put in a queen and a recliner and tv. Basically an indoor she shed? She hurt my feelings

    • @jacqueslee2592
      @jacqueslee2592 5 місяців тому

      Parents will become colder in your 20s and 30s due to the biological wiring. They are forcing you to make your own life and find your mate. This happens with mammals. As soon as mammals are matured, their parents turned against them. My family turned against me in my 20s and 30s. They did become less sympathetic to any problems I had or any ailments. I fell into a depression in my early 20s due to the mental abuse I went through in my youth. The only thing that they said was that you should hurry up and become an adult and start making money to move out. I couldn't find a job and they became more annoyed and toxic as they thought I was slacking off but my depression was draining me. They didn't consider that there was a recession and high unemployment. My depression also ruined my self-confidence so I had a lot of anxiety and my ADHD and autism symptoms worsened as well. I am in my 30s now and I realized that they were emotionally distant and never really had a conversation with them but only arguments.

  • @jimh2259
    @jimh2259 Рік тому +5

    Way to nice to this guy. Dave would have eaten this guy alive for still living at home.

  • @wewhoareabouttodiesaluteyo9303

    Top 10 on a Dave Ramsey video 2023

  • @cathyandresiak1975
    @cathyandresiak1975 Рік тому +16

    Here we go again, thinking it is so awful that he is living with his parents and assuming he feels bad about it. Maybe his parents like having him there. Only in America! Many countries the families live together and they are not shamed for it.

    • @blackworldtraveler3711
      @blackworldtraveler3711 Рік тому

      Not really only in America.
      I’ve been to 65 countries including Iran. Spent time and lived with families and seen their kids grow up through the years.
      What you just said is slowly becoming a myth.
      Kids in other countries aren’t as whiny either. They do what they have to do and part of that is leaving home. Worse cases the entire family will be in the streets if they don’t leave.

    • @FrancodeChicago
      @FrancodeChicago Рік тому +1

      Cathy I agree. It’s called union - in Africa the man or woman stay in the home until they get married and start a family and everyone helps each other

  • @eggsinsideme
    @eggsinsideme Рік тому +12

    He’s 31. Time to move out and start adulting.

    • @jajitjit9216
      @jajitjit9216 Рік тому +3

      At 31, I had better things to do with my time than to be laying up in my parent's house.

  • @lavy1513
    @lavy1513 Рік тому +7

    Is this a western thing, to kick children out. You actually save more when everyone lives together (if you can get along).

  • @sixteen.candles.4644
    @sixteen.candles.4644 Рік тому +4

    30 is too old to be at home.

  • @jacqueslee2592
    @jacqueslee2592 5 місяців тому +2

    But the root cause of this phenomenon is never mentioned and who was responsible for this why this generation did not become adults when they turned 18 but their parents and grandparents did. They lived through different era when housing and rent were affordable and homes and rentals were easily obtained and there was a surplus of housing everywhere. If I had lived in that era, I would have had a good paying job right after college, I would have had a home by 25 given my work ethic and knowledge. As an adult living with parents, yes, your family relationship can become strained unfortunately for those who have toxic parents, but I told them I rather pay them rent rather than a corporation or foreign investor. What I pay is enough because they already locked in their home payment rates from 15 years ago, which is below the average studio rental in my area. They will retire soon and this helped them to finish up paying their home and other debt while they helped me build a bit of wealth to weather this economic and housing crisis.

  • @bcwunch
    @bcwunch 20 днів тому

    I moved out of my parents’ house at 31. I had no life other than working late, gym, eat, and going to bed. I love my mom’s home cooked meals, they are so amazingly delicious… my mom even did my laundry and I didn’t even do dishes. One day my mom said get the F out of my house and be an adult so I did… lol I was given one year to move out so I bought a townhouse and moved out… and that was one of the best decisions I’ve ever made in my life. I’m 46 now but yeah if they didn’t tell me to start adulting I would’ve never left and still be living there single 😂

  • @lt6986
    @lt6986 Рік тому +35

    I moved out at 18, and I only made $15. This guy is being cowardly and clearly doesn't have the best spending habits but good luck to him.

  • @karenhardie1132
    @karenhardie1132 Рік тому +35

    Dave's people believe in getting out on your own. They feel it grows you up. Mom and dad are not holding your hand. Get out into the world and figure out your problems and life independently.

    • @brendondowdy5651
      @brendondowdy5651 Рік тому +18

      Yeah and they are wrong on this topic. All throughout history and other cultures people have stayed at home much longer. Moving out at 18 is statically one of the worse ideas possible.

    • @karenhardie1132
      @karenhardie1132 Рік тому +4

      @@brendondowdy5651 The U.S. does seem to look at it differently then other countries. Multi- generations living together helping each other. Not us, we see it as mooching and being a loser.

    • @brendondowdy5651
      @brendondowdy5651 Рік тому +3

      @@karenhardie1132 yeah it makes no sense. Like in some cultures (I think islam) the first born will always live at home. Like imagine how much better of a country we'd be in you couldn't move out until financially responsible lol.

    • @musselmanmedia5236
      @musselmanmedia5236 Рік тому +3

      @@brendondowdy5651 yep. america only country where trying to force your kid out is looked at as responsible

    • @DarkAlkaid
      @DarkAlkaid Рік тому +2

      @@karenhardie1132 I think its odd too cause they say getting married to bring you an extra income and working together is good yet you can't get the same results staying with your family? I think parents should allow kids to stay home for as long as they want so long as they contribute some money so long as its cheaper than renting so they can build up some money. Leaving without much capital is a bad start.

  • @lorirogers9304
    @lorirogers9304 Місяць тому

    My son is in a similar situation, but not as old and around $100,000 saved and no debt. I’m alone, so I’m in no hurry to see him buy a home, and crap homes in our town are over $300,000.

  • @elchapojr6219
    @elchapojr6219 Рік тому +4

    Rent is expensive in NY

  • @Valid.4l
    @Valid.4l Рік тому +9

    Why didn’t yall tell him to buy a house? He have enough money and the job to support himself financially

    • @superior120v5
      @superior120v5 Рік тому +1

      I was thinking the same thing, he has the finances.

    • @Valid.4l
      @Valid.4l Рік тому +3

      @@superior120v5 I also want to know where his money went like did he buy an expensive car cause he is 31 making good money

  • @cgm120211
    @cgm120211 Рік тому +1

    Sometimes also, though you can’t live where you want to live and that’s OK find other options

  • @Peppermintleafasmr
    @Peppermintleafasmr Рік тому

    Basement apartments are the answer for Long Island. You can get that for $1,500. Or get a roommate.

  • @benjaminhough8804
    @benjaminhough8804 Рік тому +2

    When should you move out? Ummm, yesterday, you’re 31!

  • @user-pv8ei5jv9n
    @user-pv8ei5jv9n Рік тому

    He should start cleaning up his unused personal items to leave room for his future life. (and his instruments) An item gone is a sqft saved.

  • @besweeeet2
    @besweeeet2 Рік тому +30

    Stay with parents. Save more money. Buy a property. Rent it out. Raise prices of lessons. Don't get married purely for the financial benefits (or potential lack thereof). Wins all around.

  • @miketracy9256
    @miketracy9256 Рік тому +5

    He has a decent income and savings, but with the wrong people now in charge, my advice would be to pay your parents
    much.
    larger emergency fund.
    My suggestion is to stay home, help your parents with home chores, and keep saving until you get married and the home prices decline.
    What do your parents think?
    Do they like having you around?
    Avoiding any home with an HOA is best because those HOA fees go up faster than inflation.
    until I

    • @arfriedman4577
      @arfriedman4577 5 місяців тому

      In nyc area and outskirts condos and coops have fees most of the time.

  • @Templateideas097
    @Templateideas097 Рік тому +12

    Dave would have ripped this guy apart. YOU MAKE $80K A YEAR! Even at $2k/month for rent, that's still $4k extra to spend. Where is your money going? Get out of your latent's house!

    • @cathyandresiak1975
      @cathyandresiak1975 Рік тому +1

      Well Dave likes to rip people apart!

    • @moldyrefrigerator
      @moldyrefrigerator Рік тому +2

      Agreed! They went way too soft on him..

    • @And1one757
      @And1one757 Рік тому +2

      Tru but the guy is past the point of no return... at this point whether he leaves the house at 31 or 70 them brain waves have been firmly carved in diminished returns at this point

    • @carloscrespin7074
      @carloscrespin7074 Рік тому

      Nah he should save as much as he can. Rent is the biggest waste of money.

  • @mattdillon6899
    @mattdillon6899 Рік тому +4

    About 13 years ago.

  • @flea4061
    @flea4061 Рік тому +4

    Heck no. Stay as long as possible. The nuclear family concept is dying anyway.

  • @baybeetinax3
    @baybeetinax3 Рік тому

    wow i’m a teacher and i make only 4k a month after taxes but my salary is 69k a year in NYC

  • @angelmyers869
    @angelmyers869 Рік тому

    I was out in Long Island, near Bay Shore. Studio, $2295/mo.

  • @JL-fo9rz
    @JL-fo9rz Рік тому +2

    If you're not engaged to get married, then stay there. I don't get why it's such a big deal to move out in the corrupt US. Any other country in the world it's perfectly ok to stay at home as long as you want. You're just busting your but more just to pay a slumlord.

  • @soy.ingrid
    @soy.ingrid Рік тому +3

    SMH. They should have let him stay with his parents. $80K would be great!!

    • @davidbrayshaw3529
      @davidbrayshaw3529 Рік тому +1

      He left school 13 years ago. Saving $80k in thirteen years is hardly showing us all how it's done, is it.

  • @davidsensing2664
    @davidsensing2664 Рік тому +15

    LOL. I asked my girlfriend and she agreed. A guy his parents at age 31 is a HUGE "red flag".

    • @spiritualcosmeticss
      @spiritualcosmeticss Рік тому +9

      It depends

    • @Valid.4l
      @Valid.4l Рік тому +12

      Not entirely true

    • @SDALLE99
      @SDALLE99 Рік тому +9

      Someone hates their parents

    • @mbank3832
      @mbank3832 Рік тому +13

      @@SDALLE99 the guy seeks approval and assurance from a chick... the lack of manliness looks like a red flag to me lol

    • @cathyandresiak1975
      @cathyandresiak1975 Рік тому

      @@wordsalad01 Wow, there are many reasons any person could be living with their parents, you do realize this is just American culture that shames people for living with their parents. In many countries it is normal for families to live together and help each other for as long as they need to. Only in America would a person get shamed for living with family. The egotistical Americans are way to concerned about how a person looks to others ! Ridiculous.

  • @JewelBlueIbanez
    @JewelBlueIbanez Рік тому +3

    Takes home $6000/month but can’t afford $2000 rent? I take home $2000/month and pay $935 for rent.

  • @georgewagner7787
    @georgewagner7787 Рік тому +1

    He shouldn't rent. I never bought bc i had low rent and now houses are selling for 2M

  • @jonahansen
    @jonahansen Рік тому +4

    Ten years ago is about right.

  • @ariesaraya1822
    @ariesaraya1822 6 місяців тому +1

    He lives in nyc thats prob why. If you have a good situation w/ your parents its really not our business. I personally wont do it because you feel way more like an adult in your own place.

  • @lowtiertactical7701
    @lowtiertactical7701 Рік тому +4

    I’m 48. I’m going to move out and live in a tent in Los Angeles.

  • @carkarlaw
    @carkarlaw 3 місяці тому

    If your parents don't take advantage of you (not asking you for alot of money, no emotional abuse, no controlling issue, not making you do unreasonable chores), and if you work well with parents. You have no rush.

  • @jusplay7309
    @jusplay7309 Рік тому +3

    How do you take home 6k a month making only 80k. What about taxes and other everything?

    • @HHHPedigrees
      @HHHPedigrees Рік тому

      I’m guessing the 80k is take home

  • @georgewagner7787
    @georgewagner7787 Рік тому +10

    1500? Not in ny. Unless he rents a room in the Ghetto

    • @cathyandresiak1975
      @cathyandresiak1975 Рік тому +3

      Right, these people I find to be out of touch with what is really happening in America!

    • @baybeetinax3
      @baybeetinax3 Рік тому

      ehhh it’s possible to rent to $1500 just not in manhattan lol

  • @mbank3832
    @mbank3832 Рік тому +29

    I am in my 30s but I am still living at home and paying for every expenses, reason being I am saving money and want to be ready financially once I do get married and own my own home one day. Even though i can afford to move to an apartment, i wouldn't want to spend 1k a month on rent JUST BECAUSE "you are in you 30s and should move out" which doesn't justify anything other than being in the norm

    • @mikeavila6921
      @mikeavila6921 Рік тому +14

      Move out!

    • @RandomVids519
      @RandomVids519 Рік тому +13

      Its time to go bro

    • @Krinbo
      @Krinbo Рік тому +2

      Dude. 🤣 You're over 30. Somehow, I think that if you really wanted to buy a house, you would have done so in the, idk, 10 years you've had to save.

    • @jamaicangurl4u
      @jamaicangurl4u Рік тому +8

      Good to hear. Don't struggle for years unnecessarily just so you can be like everyone else.

    • @cathyandresiak1975
      @cathyandresiak1975 Рік тому +5

      I totally agree. Why move out just to fail at being on your own. Move out when you know you can do it successfully !

  • @daveblackman816
    @daveblackman816 Рік тому +89

    10 years ago

    • @DJ_Patent
      @DJ_Patent Рік тому +3

      Ha ha, i just tapped reply to say same thing.

    • @Georgemorales5559
      @Georgemorales5559 Рік тому +3

      I was thinking more like 13 years ago

    • @SDALLE99
      @SDALLE99 Рік тому +4

      Never. When they die, it’s your house anyway

    • @gabriellekelly3462
      @gabriellekelly3462 Рік тому +2

      I was gonna say 20, but close enough lololol

    • @ONLY1KUDWE
      @ONLY1KUDWE Рік тому +2

      🤣

  • @linuxsurfer2002
    @linuxsurfer2002 Рік тому +5

    I think he should move out of NY and into an area with a lower cost of living.

    • @blackworldtraveler3711
      @blackworldtraveler3711 Рік тому +2

      I’ve noticed that people who stay with parents like that normally won’t stray too far from home.

    • @baybeetinax3
      @baybeetinax3 Рік тому +1

      ehhh but teachers make less in other states in NYC we make the MOST out of all the other states