Trade The Journey

Trade The Journey

Moving Back In or Moving Back Home?

Like some of the millennials who have been in the workforce for the last ten years or so, I’m back home. Living in California for the last couple of years has not been easy.

It’s been somewhat disheartening to be making a decent salary and still be stretched to the limit in terms of finances. There’s little room for money management error to save. But this is where I’m at. Difficult times will often result in a Ph.D. in money management.

You expect the standard of living to increase over time, but trends are emerging that cannot be ignored. This is beyond the topic of inflation. Gone are the days of limited competition and the need for human capital. With the advent of technology and the shifting toward a global economy, competition has increased significantly.

Cryptocurrency and the technology behind it will expand the world further.

In this new future, someone or something (technology) will always be actively strategizing ways to see if your input is worth the expense. In different industries, we can see this beginning to happen. It’s becoming too expensive and ineffective to keep the majority of people a part of the workforce. Financial security and the chances of financial freedom will be harder to achieve as time goes on.

Add this to the fact that your income is not enough to cover the student loans, car payments, insurance, and all other expenses you now have. In fact, many incomes across the nation have not been rising alongside these “good times” as people think.

Slowly but surely the economic foundation of many families and economies is being chipped away. People like myself are making the decision to move back home to save.

This puts the parents of the children moving back in, in an interesting predicament. Their child has returned having experienced the “Real World.” Before the children left, they had limited knowledge of what may lie ahead.

With experience and knowledge, the child has returned an Adult with an idea of what works and what doesn’t. Some parents are gracious and understanding, while other parents struggle to identify the situation. Why has this child returned?

This is where we are at in society. I’ve personally struggled with managing the different identities between child and adult. In the world, I am an Adult responsible for their decisions and accountable for their results. At home, I have a choice to resume the identity of a child to parents or an adult living amongst their parents or so I thought.

Which means at home, I have to choose how to respond and the result I intend to have without directly challenging the structure of the household. This is not to say a challenge exists directly but mentally as an Adult; the challenge will always exist.

The challenge of an Adult responding and relating to their Parents as Adults.

This is where my goals come into play. What is my ultimate goal? At first, the decision to move back home discouraged me from trying to improve. It was hard to accept where I had returned. With time, I begin to understand that your perspective determines what you see and respond to.

I rejected the role of a child and in turn, acted like a child in the beginning. As I grew mentally, I realized that I had to take a step back to take two forward. I could save money and practice money management.

I also had to realize that I moved back into their house even though I considered it moving back in. So I switched my perspective, and in return, I matured, which is not always synonymous with being an Adult.

Some people never mature. They grow in age but not in understanding.

If this situation is played right, it will allow me to come out ahead. In all honesty, I can’t say whether or not my life would have recovered had I not been back home.

Living with your parents has its advantages and disadvantages like all things. In the future, I imagine that I’ll look back at these times of growth, challenge, and wisdom with appreciation.

Reality can be harsh. Reality can also be the ultimate lesson in humility. The first lesson and the next lesson is to take and acquire ownership. Upwards and onwards as always.

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