Millennial Money: 6 ways to move out of your parents’ house

Published January 31, 2023 4:00 AM

By KATE ASHFORD of NerdWallet

Nearly a quarter of millennials (22%) are living with their parents, and more than half of those living with them (55%) made the move in 2022, according to a December survey. Many said they’re back home due to high rent, money concerns or job losses — and 9 in 10 say they would move out if they made more money. Establishing yourself independently takes planning, discipline and patience on all fronts. It’s crucial to set clear goals, build up savings and bring in extra money, if needed. Here are six strategies to help you find your feet again.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

News Channel 3 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.