Generation Rent (and You Hate It)

You don't want your parents to blame you for the debt you incur during your few years at the university. And after one year of living with your housemates, you decide to move back home. You're supposed to be thrilled, but what about your freedom?

You're a member of Generation Rent, making your parents worry about mounting expenses. Thinking of ways to pay back can be a headache, but spending nights with fellow students is priceless. (And it's not only about getting stoned.) You often look forward to parties. If you stay at home, then you'll be guilty sooner or later. (You don't want your folks to see you sleeping in the garden.) Unfortunately, education can be pricey. And the cost will likely go up.

Your parents will like to see you more. It will be better to know what you must do to make you feel less miserable. You'll miss your dorm room. (It was a cramped space, which you called it your own.) And you'll miss your friends. (They might not notice your absence, but it will be fine.) Instead of assuring everyone that nothing will change, it will be better to read the following:

You can help your parents. Not that you've done it before, but you can arrange your schedule. Make sure you have the time to do the household chores. (Washing the dishes can be a good start.) You can also pay the bill. (If you have a part-time job, then show them you can be a responsible member of the household.) No need to worry if you're not financially capable, as you can do errands now and then. Keep in mind that this is a preparation for the adult life (after earning your degree). Unless you become too close with your folks.

Live within your means. More time at home means you'll have more money. You may not have enough funds to go on a holiday next summer, but you don't have to worry about finances on a day-to-day basis. (And consider yourself lucky if your parents are generous to give you extra money if you need it.) They'll encourage you to look for a part-time job. Spend your earnings wisely. It's easier said than done, as you rather think of the moment. Better practice it as soon as possible.

And leave envy behind. You don't have to be envious of your friends for their uni life. They may have more fun, but you know they often think about (the lack of) money. There will be less Generation Rent-ers in the near future, as debt can leave a bitter taste.