Adult Child Lives at Home and Is Being STUPID With Money! 

I don't get these parents. When I turned 21 I was still living at home and working, my mom made me pay $100/week for rent and if I didn't have it I was about to be put out. If I couldn't afford $400/month how could I afford $800+ somewhere else? Then by the time I was 25 I had the light bill and gas bill as well. It's called tough love parents. Now I'm 34, I clearly know how to budget money, save and pay bills....on my own!

Dave I just want to say that my Dad did this to me, and I thank him every day for doing this to me. I wasn't happy with him at the time, but it caused me to grow up. My life got extremely better and our relationship has also improved for the better.

investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>>>

Went to college and comes out with starting salary of 30k?? Why even go

the daughter is going to cry and she's going to cave

Me , almost 40, still with my dad (parents divorced) because of extremely poor financial decisions. This video is a wake up call and a slap in the face for me. Need to move out once I get certain things straightened out ASAP.

I really don't understand people. If you dont have money you can't spend money. You buy a lousy car, you buy cheaper clothes, you use coupons, you have basic cable, if any. I started out at $16,000 22 years ago. I lived in an apartment with mice and had nothing. I ate peanut butter sandwiches and lived right off the highway. When I made some more money I moved up...slowly. Im not rich now but Im comfortable....it's logic. You cant afford it, don't buy it.

One thing I realised...it's almost a CRIME to not teach your child financial responsibility, good on Dave for pointing out that it was the PARENT'S RESPONSIBILITY to teach their child money management

That’s the best advice as a parent … I am not here to be your friend.

Out of school, living with my parents rent-free but am attacking my student loans and driving a used car that I paid off. I do the dishes, feed the cats, and keep my bathroom clean. I look forward to renting my own space once I'm debt-free and can afford rent/utilities/etc.

dave ramsey a solid man mentally. i didn't realize how much emotion can go into finances

Not much is going to change in this situation. I don't see the mom standing up to her, but I hope that she does.

The kind of father everyone wants to have.

I actually did this to my son. 30 days. He's doing great now. His bonus this year was higher than my annual (retirement) income. PS: He's a big Dave fan.

People should stop going to college until they fix that loan BS . how a 46k student loan is worth a 30k job

If someone is living in my house, they're going to follow my rules. End of story. If they don't like my rules, they can find their own place to live. My rules are not unreasonable and I always have good reasons for them. When I was in my twenties, I lived in a condo by myself and paid rent to my parents. I didn't want to live by their rules, so I moved out. As a result, I had to pay my own way and had to learn valuable lessons about the real world the hard way. Now I am glad my parents loved me enough to make me move out. It taught me responsibility and how to take care of what I own.

I recently had to do this with a friend. We both grew up in a tiny town with little to no opportunities and she wanted to get out and move to my city, so I told her she could stay with me for a few weeks while she found an apartment and a job, and instead she refused to work, spent all her money, and then stole and spent mine. It ended with my sister and I dropping her off at a homeless shelter and she hates me now, but the path she was taking would have taken us both down. Super hard to do when it’s just a friend... would probably be harder with a child, but unfortunately it’s the only right thing to do.

With student loan debt, you can't afford a 15k car period!

I remember being stupid with money and I just needed someone to be straight up and brutally honest to tell me I was being stupid. My best friend, practically my sister, chewed me out for having so little in my savings as a 24 year old living at home. I went home that night and realized how stupid I had been. I was working, so I wasn't just doing nothing, but given that I only gave 10% of my income to help my parents with the mortgage and bills I should have been able to pay back so much more of my loans and have way more in savings by then. People just need to be called out so that they realize.

If only we had taught our kids how to be financially prepared. 😃

and if you're going to stay home, you also pay rent/utilities/food/lawn care and help clean, cook, etc. (If you're not paying rent because you're in school or a crisis, you should be helping, keeping your room clean, etc.)

I just don’t understand how people can be so disrespectful to their parents

My wife and I were in tight financial times. I needed a car. I bought my step-daughters 9 year old Camry with 115,000 miles instead of what I wanted. She got more than the dealer offered her for trade-in, I got a good practical car. Hurt my pride. Not a year later I realized it was one of the smarter moves I made. Put 120,000 more miles on it with no car payments. Don't have any memory of those folks I failed to impress. Real life sucketh greatly, but sometimes you got to live it.

30,000 good starting salary with a degree? I made that working during the summer that’s ridiculous.

excllent that part of the "condtions" were to sign onto his university course! haha lol

first year of college i had a monthly allowance, i blew it in a week, then called my parents - my mom said i am sorry , i was very clear when i told you this is for a month - now figure out how you will survive till end of month. It was so humiliating asking people for money promising to return them asap...next month when i got my allowance it still wasn't enough as i had debt to repay...i will never forget this humiliation ,but i did it to myself hahaha :)

My mom kicked me out when I was 19. At the time, I was SO ANGRY!! But I got over that pretty quick when responsibility smacked me in the face. I learned my lesson within 3 months. I crawled back to her and she helped me fix my life. Mom usually knows best. I hope she follows through with Dave's advice.

If you don't have don't spend. I left home at 18 and I was fine. Now I'm 43 never went back since and never will. You suppose to live your life like your parents not here because eventually they will not be here. If you can't be independent while your parents still here you are in serious trouble. The problem is some people spending money that they don't have and it lead to debt.

A widow is not going to kick her own daughter out in 30 days. Landlords can’t even do that.

I'm a firm believer in the "1890 plan". "You're 18yrs old - you got 90days to get out". Exceptions... full time college student, show me a "delayed entry" contract from one of the uniformed services, or you're paying rent.

I don't understand how these people who get all kinds of help from their families have so much debt.

Im only 26 and i can see this stuff people younger than me do to themselves financially

This is so true. The more you do for your kids, the worse off they'll be. My mother used to do everything for me. I had to take over things like laundry and packing my lunches one by one and tell her to stop because I knew it hurting my development as an adult. Even getting my car back from the garage, I want to take the bus when she offers to drive me because I want do everything myself. Now I'm looking for a house to buy. After high school, the less you do for your kids, the better.

I had a hard life grow n up… at 14 I had a child been on my own since …. I’m now 35 … i wrk hard n save and nobody thought me how to do it…. Fearing of go n back to a life I hate made me do it!

the best parent satisfaction is when your kids call you later after being on their own and say "I'm sorry...I understand"

Kids are so unprepared for life these days.

I am taking notes as a Mom with a 5 year old. My Husband and I agree, when my son turns 18 years old, he had 2 options: go to school, get good grades and live at home OR move out. Once school is over, I think a transition time is fine but there has to be a limit. As much as I love my son and I don't him to be my baby forever... my job is to help him mature into a functioning adult. God help me along this journey.

I used to live with my mom after college for a year but I paid rent and my own groceries. When I moved out (which my mom didn’t want me too 😭). It was such an easy transition because my mom helped me by building responsibility in me. I bought my first car cash and live under my means. I thank my mom for raising me well 🙏

46k student loans for a 30k job...

The problem is that parents these days force their kids to go to college and get saddled with student loan debt, then they act all innocent when the bills come. Parents have to learn to be supportive and stay out of the kids way so they can grow up into responsible adults.

On my college graduation day, my mother handed me the car ins. bill and the bill for a credit card that was used for my food and emergencies only. The credit card had a $2300 balance. I was a bit annoyed, then got to work.

Oooo, this guy is great. I love his advice.

Wow ....my mother wasn't like that, she would never throw me and my brother out and she didn't want us paying her rent....when people would ask her why hasn't she thrown us both out of the house, she would say ""because they are my daughter and son and it's their house, I would never do that to my own kids"" ...I didn't leave the house until I left for college at 24 and my brother moved out once he got married.

Most parent that do this are enablers, when the parents have no plan for exit and no boundaries. It makes the parents feel better about themselves knowing they didn't put them out and having some sort of control by letting them stay . When all their really doing is crippling them because eventually mom and dad won't be there to support and bail them out .

Gee, my parents told me that when I turned 18 I was on my own, coming back to live at home was not an option. They had raised me to be independent (they were absolutely not helicopter or coddling parents) and said that I needed to figure out how to survive in life on my own without them. I was a good kid with good grades and responsible. I left for college at age 17 (almost 18) and have been on my own ever since. Oh and they didn't help with college, either, I got through 4 years at a private college with scholarships, student loans, grants and working several part-time minimum wage jobs while carrying a full academic load and still graduated with a 3.6 average (out of 4.0). Boomer parents have not done their children any favors with their helicoptering and enabling and and "we're friends" parenting style. Now they AND their children are suffering the consequences. [Yes, I realize this is a broad generalization and there are exceptions.]

I told my kids one of my most important jobs was to teach them that life is unfair.

Dave's got the right idea about parenting. It's the parents job to get their kids out in the open market without them being sent back as defective.

Great advice - certainly not easy to do with your kid you love, but the best thing for her!

What happens to adult children living at home when their parents pass away?

Mom will be paying for all of her bills soon, if she isn't already

The Bible is clear that the fault lies with the parents and their lack of parenting. In my opinion many of these kids are coddled and are not informed of the realities of life then when they turn 18 they're just expected to somehow get it.

Boundaries. Reasonable. Consistent. Exemplified. One generation to the next.

If they work full time they can live on their own bye

i just sent this to my mom for my little sister. she is a moocher and the baby of the house. so my mom caves in a LOT and complains about it. oh man shes got it coming!

Her daughter made Rookie mistake. It's going to cause stress in her life. Painful lesson.

Does the daughter go out and party on the weekend, since Mom gives her a free place to stay?

As a Brit I love watching this guy (obviously our world's work differently) but underperforming children is mutual

I live in a 55plus community and I see lots of adult MOOCHERS living with their parents and or grandparents. They were not supposed to be living in the community as we retirees don’t want to see them around, BUT the enabling parents and grandparents keep crippling these MOOCHERS who will never grow up to carry their own weights. IT IS A LOST GENERATION! And BTW, if you don’t want to hear the truth don’t call Dave.

Yasss he is right....I wish my mom would have done that to me years ago!!! This is a great idea...I hope she listens and not afraid of her daughter! That is tough love...we all need!! I NEEDED IT BAD!! I AM LEARNING AND I AM GROWING INTO FINANCIAL STABILITY FROM BEING DUMB AS HECK WITH MONEY!!

People getting 6figure degrees for jobs that workout to be sub $20 an hour blows my mind

30 a year is not a good starting salary

There's a saying, a very old saying: "Raise babies, you get babies."

I love how he subliminally insults the mom when he says what he would do and starts off with "I'm sorry I haven't done a good job teaching you how to be responsible with money"

If only wages kept up with cost of living... and college was still a grand per semester like it was in the 70s....

I’ve gotta a PHD in DUMB. 😂. Love Dave Ramsey

Baltimore is expensive to live. Let her aggressively pay off debt and move out in a few years.

I've noticed that enablers (great word to describe her) are almost as hard to change than the people who are doing self destructive behavior. I really hope I'm wrong, but it might take a while for her to listen to this advice. Credit is a tool, but it can absolutely become your undoing.

In June 1965, on graduation day , my mom asked when I would be getting a job ? " Tomorrow" she replied . On Monday, got a job. At dinner, both ' rents said, " you'll pay us $15 A week " - 25 % of income . I said " why?". My mother😊, replied " where else ya gonna get 3 squares, a roof over ya head and laundry done?". I paid my first month's rent . I was 18, now 70, rented all my life, and never missed a rent payment.

Thank You, Dave. I learned so much from you and your videos. I live away from my parents and probably won’t get these advices from them. I’m living on my own at the age of 23. No debt and has savings. I’m proud of what I have become. I became more responsible in terms of my financial situation. All thanks to you!!!

Had to learn on my own I wish my parents were actually responsible

People not from the US Find is so weird that our parents ‘want to kick us out’. I don’t think it’s they can’t wait to get us out, but we have a culture that encourages independence heavily. People work harder when they know it’s so they or their family can survive/have nice things or they’re trying to set theirselves up for a good future. I’m not saying the ‘American Dream’ is accessible to everyone sadly, but the dream was made by people who left what they knew to be prosperous. When you don’t do that and you stay in the same place here it just looks lazy

Thought she said "can't convince my crackhead daughter" and had to replay it a few times

"She hasn't listened before so why would she listen now?"

"Hi Dave, I spent my entire daughter's life showing her how to be irresponsible with money, hence my reason for just NOW taking FPU...and for some reason my ROCK HEAD daughter won't listen to my new way of doing things! After 25 years! Can you believe that?!" They are both guilty and she needs to take some of the blame. At least Dave told her she was an enabler.

To each their own, I'm seeing alot of folks saying $30k is "not" a good starting salary. I think that's a fantastic salary. I've been working since I was a teenager, I'm 33 and, at most, I have made $24k- $25k a year. Today, I'm making more now than I ever have (per hour/per year), I have a 401K, and I have medical insurance through my work, but $30K is absolutely nothing to sneeze at.

"If you're so freakin' smart, why aren't you rich?"

I wish Dave with his financial wisdom was my Dad...my life could be totally different 😞

My Parents had me pay rent after i graduated college. They wanted me to stay home and save money.

My mom kicking me out was one of the best things shes ever done for me. (We never had a good relationship) I went straight to the recruiter and did 6 years in the navy. Now I’m out back in school debt free, school paid for and getting a monthly housing allowance. Thanks mom.

When you didn't train your kids as kids this is what happens. Madness...

I don't know the cost of living in baltimore but I am a license real estate agent and most of the time receptionist and I make 30 grand a year just as a receptionist without any undergrad degree. What is she doing?

Too many mothers develop codependent relationships with their kids then the kids cling to them far into adulthood. It's where we get the whole "living in your mother's basement" meme. Very toxic parenting here in America.

I. Don't have grown kids at home either!

There's a price cost to staying in moms basement and reasons mom puts up with it

"Out of college, money spent See no future, pay no rent All the money's gone, nowhere to go" - You Never Give Me Your Money, The Beatles

Schools are also to blame; Teenage daycare.

30k income, double that in debt. Ouch.

I moved out of the house at 18, had my first job when I was 15 and Ive just always been responsible but even being responsible at a young age it got REALLY REAL for me once I was on my own. Once I went off to college I was on my own and you just learn to be resilient and resourceful for yourself. I couldn't just call my mom and dad and ask for what I needed. I had full time class, full time job, paid my own way through college. I had to learn to provide for myself and it really does help you grow as a person.

"I can't convince my rock head daughter to, like, listen..." Yeah, I'm sure it's all the daughters fault.

my issue is that im 31 and my mom lives with me, i pay $700 to rent, $209 car, $58 insurance and my own food, gas, and everything else, im in past debts but recovering slowly as debt takes time to recover from, i was always brought up to pay my way no matter how much i had left over, at the age of 31 im just now realizing how much it means to get out of debt and pay bills on time, dad died when i was 11 and was just always told to save save save but nothing about credit.

My parents never taught me finances so I had to go out in the world and learn on my own

Hahaha for a second I thought that dog howling in the back was the mom In awe of how much debt her daughter had lol.

Great advice :) So we can learn and grow up:) I am so greatful to go through FPU and started making better decisions:)

Best advice ever.

It's called "skillful neglect".

30k a year is poor.

My dad never spent time with me or taught me anything, he just left me to do w.e and expected me to figure it out, but luckily I took care of myself

I wish she would have shut those dogs up

Unfortunately, I think this parent is gonna give only the stick and not the carrot...I could tell by her attitude during the call. She will ignore the part of Dave's advice where he says you need to tell her " I'm sorry for not leading you down the right path...". Rather than just giving her a 30 day ultimatum (which she needs as both)...but we need to give both...

Two hands working will succeed where two hands clasped together in prayer fail.