Hell yeah I still live with my parents!- Just as long as your cool with your parents I dont see any problem with it. I really think its a cultural thing- as most of my friends in Europe still live at home well into their twenties- Its just assumed that after you get a good job your gonna wanna stay home and save up for a while. I htink in the end this puts young people in europe on a much more secure financial grounding. Ive finnished college- moved around- lived in Detroit and Paris for a while , and had no problem adjusting back to parental home life when I decided ot open my own business (I'm 24 by the way), and I'd rather keep up on my office bills than spend more for rent.
-all of that plus the fact that my Dad is my racing partner

 

[QUOTE=Presidente,Aug 25 2004, 12:02 AM] in my day the economy is crap and i cant find a job anywhere

so yea i'm still living at home

 

You make it sound like it is that easy. In some areas it may be but in a lot, it is very difficult. Not everybody everywhere is looking for fresh young talent and starting your own business is not an easy task.

 

it is... the trouble lies in making sure the business profits

 

whoa whoa whoa...first of all the I dont know where u live...but i live in teh NJ/NY area...even though i have a great job working at a family company which one day i will prob take over and continute but thats not the point...i feel the job market sucks ass...i go to school majoring in networking tech....basically geek IT shit...even though what im doing is a great back up..i have gone to say maybe 6 or 7 interviews and some luck..just some of the jobs were not paying enough...i refuse to take major steps back....my living would not be the same...some may think that in order to make it down the road u gotta take some steps back...i say that...i have a great job now.....with the money i make yes i can go out and struggle and live on my own or maybe with a roomate or my girl...but y do that when now im saving up hella doe...my plan in the near future is buying a 2 family house and rent out a floor...plus its great i can do my own mortgage and not get ed..

starting a businees i think is very hard...in order to make money u need money...i think u have to have cash to start a business and its not as simple as it seems..also u must realize that not everyone is the same here......what u think maybe easy as hell...maybe plenty hard to someone else...

as for myself...like i said b4 i go to school full time at night, work full time during the day...so basically i am hardly home...i work from 9-5, school from 6:30-10...i then either sleep at my girls house or at home...i have an entire floor in my house to myself...and im never home...i see my parents a total of 2 hrs a week...what a joke...

who said that i cant afford mods...i most def can...but is it a good idea...basically im spoiling myself with the s2k..yes if i had something less expensive i could save up faster to get the hell out...but i think i will wait til after school so i could at lest have time to enjoy it...plus my girl has her own spot...so its not like i can do my thing

 

The ecveomomy wasn't a heck of a lot better in 1972. I had a college degree to teach history or English. In my class of 52 history majors, 2 got teaching jobs. I had to tak e a job in a mall selling electronics at $2.00 an hour. Then went through a series of crappy jobs before landing something with a future.

But, hey, things work out. Today I have (in no particular order) a nice home, a great wife, (the same one form way back then) an excellent car (as we all do) and a Subaru legacy wagon for hauling stuff that's not too shabby either, two dogs, 3 cats, respect, a god job, serious regional and developing national recognition in my hobby...life is pretty darn good.

 

If you have a solid business plan or a new and different product venture capital will be available. No one will reward a mediocre idea a poor business plan or someone without vision . Of course it's not easy, if it was we wouldn't have sales clerks at Wal-Marts.

Regarding the poor job market , who's at fault if that person selects a degree or career that is dying ? A friend of mine just got her degree this summer and had 5 job offers before she graduated ( all six figures w/ stock options- not in a dot com field). She is bright,22 years old ,has a type A personality, head hunters saw that and rewarded her for it. If you break it down it's not that hard, apply yourself , bring something to the table the employer needs , and write yourself a strong employment contract. My wife and I both speak from experience ,I'm in my late thirties my wife is in her early thirties and we both retired about 5 years ago . We now just spend our time raising our little boys.

By the way I'm from the Southern California area,with a highly competitive job market. That's why we have the highest home prices nationwide. If so many people didn't want to live here our real estate prices would drop. Lastly you will never get wealthy working for someone else.

Good luck guys , I'm sleeping in tomorrow .

 

Congratulations.

 

Still at home and no chance of moving out in the near future.

Over here housing has gone mad with an average house costing 250k so about $475000 dollars.

average one bedroom flat in the worst part of town is 180k = $342000 .

Then add council taxes , bills, cost of living theres no chance.
Monthly wages would not even cover the bills and mortage.
For a laugh i went to see an advisor and was told for a 180000 mortage for the above flat in bad area i would need a 60000 deposit ( $114000) then a 100% mortage.
Nice !!!

 

it also depends with your culture. Many Asians don't move out until married, heck traditional Asian man has the wife moving in with them in the parent's home.

I was the last to leave the house. Well, I was getting my masters and it was only 20 min away, so it made sense. My parents also didn't speak English, so someone had to stay with them.

My buddy lived w/ his parents. He's Indian from India. Worked as an engineer and was driving around in his NSX and then traded for a Viper and traded it in for SL500 and traded it for... He's married now and on his own and drives S430.

Nothing wrong with living with your parents IMO. I would love to care for mine.