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College graduate taken a page from Billy Matta -- -- a moving back home with -- if so you're not alone a new study says 85% of this year's graduating class will be forced to move back home.
And with a record amount of debt.
Personal finance -- -- Lindsay joins us now live data -- have -- -- -- Billy Madison but that's when a lot of folks are going through right.
Well it's a wonderful -- to -- what a funny movie but it is really sad when it happens and build confidence in the.
Homer out -- -- come back these boomerang and I know an NN and we've talking about this before and I know you're not really -- Robert Wright -- tip.
Well I hate studies that say things like they were.
Forced to move back home they were forced to move back home they chose to move back home most of the time this has to do with kids coming out of college with unrealistic lifestyle expectations.
So you need to have a family meeting and lay out some expectations like you're going to leave soon that would be one of your expectations.
Have -- -- set up a budget I don't believe in charge -- rent the rent is you're gonna do a budget you're gonna save money so you can leave soon.
We're trying to get them out of the house not because we hate -- enough because one -- meaning to our kids.
But it's hard to grow up emotionally until you learn by your own bill.
Yep that's called tough love here's an email from mark in Oklahoma on 23 -- with my parents I only -- 2000 dollars in debt they don't have a job and trying to get one.
I don't wanna live there forever but I know I can save more living -- -- my wrong in my thinking.
Yes if you need to get that get that position.
Get two or three jobs if you have to their part time jobs until you get the big career job.
And get out there on your -- get an inexpensive apartment gets from roommates.
If you've got some other debt like a car payments -- and let's get a cheaper car.
Let's get ourselves down to where we can Lil on what we've got coming it is going to be really good point I've got a daughter -- six I've got 123 that's married.
It has been very good for them.
Emotionally to grow up and be on their own and paying their own bills.
All right I think.
All right but so many families are in this tough situation date but we appreciate all your bites and I'm sure people -- listen tea if you hear -- out there.
Send the kids alone on their own good to see a date.
They do you -- you --
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