In Netherlands my entire friendgroup still lives at home at 25/26, since housing is so expensive. I rarely comment anywhere, but just wanted to give some perspective since your video's are refreshing, simple and very actionable ;)
@@whylearntech For context, most of us make 40-60k a year, housing is on average 450k where with one person you can only loan about 250-350k so yeah...
Tbh I would rather have a fuck ton of money than be “independent”. Also most of us do our best, we don’t have much choice. If you single and rent you are truly fucked in much of the U.K. If your single and you wanna buy you probs fucked but if you live with your parents at subsided rent you stand a chance. Also just moving in with a women means you pay less rent but you have to spend more and they WILL want you to plan a future for for you both. Hmmmm
It’s crazy how the expectations in America are to be moved out the day you turn 18. As someone who lived at my parents house until 21, I was able to save a good amount of money while I was there, and also spend a lot more time with my family because they were always around. It should never be looked at as a bad thing, everyone has such different lives and we never know what someone’s reasoning for living at home could be. I think it’s great to make/save up as much as possible while you can. Even a few thousand dollars invested can help significantly in the long run. Love this video, Whylearn.
Hi Jay! Yeah i think that expectation needs to be reset. It can really help someone get ahead. Not a bad thing as long as it is temporary. PS I'm still thinking about those nukes we couldn't get yesterday lol.
I’m really glad I have supportive parents that are comfortable with my living at home for a while. I turned 18 in 2024, and I’m not expected to move out until at least like 25 because that’s when my siblings moved out. My parents have a surprisingly enlightened mindset, of allowing us to stay at home and save up until we are ready to leave. Very blessed to have good parents. I’ve had friends who were forced from the nest right at 18 and suffered for it. Great video as always man. A stream and then a video, back to back, 😂 I feel spoiled.
be happy that you have supportive parents! I feel lucky to have great and supportive parents as well that don't charge me (monetary) rent lol. Happy to have you there yesterday, I had a lot of fun!!
@ yeah that was awesome definitely do it more. What do you mean? Do you like mow the lawn or something for rent? That’s cool, I do that sort of thing too.
I have recently bought a home in the UK age 25. I invested everything I had spare for these last 4 years (80% of salary) and I have set myself up for a massively early retirement, or more time to spend with my future kids which is invaluable. It is 100% worth sacrificing your early years to allow your money to compound. Live like you are poor and be that guy who never spends money on pointless stuff. Invest in good quality items/food that will improve your quality of life massively, and ignore the other things. Becoming a basement dweller is nothing to be ashamed of, however you MUST have a plan.
@@SomeLad12 Went with a 5% deposit, 16k shared between two and I left the rest of mine invested. Investments doubled since we got the house. Everything else on top will cost another 14-16k. We are in 27k deep so far first time buyers. You have a good amount of savings. Put less than you can afford as a deposit and let the rest compound. Hold your assets as close to your chest as possible like your life depends on it. Good luck :D
@Xopher222 thanks for the response! I would have thought paying a larger deposit would have been better as it would usually offer better rates and means you could pay off the house quicker? I currently invest in a few things, got a stocks and shares ISA as well as a Lifetime ISA primary invested in the S&P 500. Returns are pretty good but my investments haven't quite doubled yet.
@@SomeLad12 We had 5% deposit contribution so we got rates for 10% deposit. I have no urge to pay off the house soon. The reason being opportunity cost.
American here, only one guy out my group of maybe 10ish close friends (ages 23-26) lives on his own and is also financially independent; he’s the full-time maintenance guy for his own apartment complex (reduced rent + a slightly above minimum wage salary). It definitely seems to be more and more of a rarity these days.
21 HVAC tech living at home, I have no kids or a wife, so I see no point of moving out I pay half the mortgage, so I’m not freeloading, also I get the satisfaction of helping my parents instead of paying some random, and I get home cooked meals 😂
Sounds good mate. If you have a good relationship with your parents you, and they, will never forget that. Nobody rember or cares about there landlord. Landlords are cunts.
THIS!!!! I’m Pakistani and it’s a HUGE part of our culture to live with our parents even after marriage in a lot of cases. However, after marriage it is the other way around and the parents live with you and rather than a burden we see it as a privilege and blessing to care for them. I plan on living at home unless I can get a commission in the Navy or Army, and even then I plan on having my parents live with me once I complete all training. Those early years are going to be rough, likely just a small apartment but in our culture it’s not the house that counts but rather the people in it. I know it’s hard for American women to accept stuff like this and I’ve already ruled them out unless I find one who can accept my plan. My kids will 100% be raised in a multi-generational household. As the only son it’s my responsibility to care for my parents, something which goes neglected in American society.
thank god for this video ik someone who’s engaged, just got full time at my job about a month ago, he’s 33 & lives with his parents as for me, i’m in my early 20s & have my own space in my stepdads parents house (his parents died in 2021 & 2023) i currently have my own appliances, dining room, living room, & bedroom i would never take it for granted it became my own place by age 20.
Here in Spain we tend to live with our parents until our late 20s. Now it is even more common than before, however it is something we have normalized due to the increasing housing costs and the low salaries.
Yeah, the salaries are so low and even in small cities like mine the housing costs are too high, there's a way to do it, but that means you have to have roommates to be able to leave
I am currently 21 living with my mother in Mexico who is going to move out to a different state for health reasons. So my situation changes now since I am going to pay half of rent and now groceries with a roommate, but, the cost of living here is much cheaper. I am glad that I found your channel recently, because it reinforces my believe that right now, the best thing you can do is live simple, save up and invest. I wanna add that all of my friends here live with their parents, it is totally normal here in Mexico because culturally, your core family and even your extended one is the most important thing that you can have in your life, which as a kid I didn't care about, but as you get older, you definitely appreciate it more. I think this type of individualistic thinking from America is part of the problem, because I currently am in the most happy relationship of my life, and she lives with her parents too. Like you say, there is definitely drawbacks, one is the privacy, which humorously makes Motels here a very popular business here.
My gf is from colombia and it sounds similar to mexico! many multigenerational households, and people can save good money as well. I love the family centered nature of Latin America, I think it's something Americans miss at the expense of being independent
My parents are both from countries where it's normal for people to live with their parents. They also supported me through my various health issues growing up. Nowadays, I allocate most of my money to supporting my parents, and I don't mind this, as one of my aims is to provide them a nice standard of living, as I feel they deserve it. The best part of living with parents is you get to hug them everyday. That's one of the few things I still value, lol.
In my culture, the grandparents take care of the children while the parents work. But this only works if everyone gets along well. But I agree, staying with parents will help you out so much. Besides, you have the rest of your life to live alone when your parents pass away
I'm from Michigan and I've lived in a multi generation household for almost my entire life. My parents got divorced when I was young and my Mom had no where to go, so we moved in with my grandparents and have been there since. I've got a girlfriend and a software development job now and plan on moving out once she is done with school
Im 22, graduated college last spring and immediately went back home to live with my parents. Took me the whole summer to find my full time job, but it pays pretty well for starting out. I still live with my parents despite a 45/50+ min commute, the state my job is in has ludicrous housing prices and I dont want to shell out crazy rent money. Although living with my parents is not ideal mentally sometimes, and I spend a lot of time commuting, its easily the smartest financial choice I am making now. Some at my job actually envy or admire me for being so financially responsible and putting up with this situation, with some saying to stay as long as I can tolerate it. My parents love me and still cook dinner for me when they’re home and thats nice to come back to after a long day. I do chores for them and they dont even charge rent, which is very generous. I think if I moved out alone anyway id be very lonely and like having the company of my family, even if they get on my nerves sometimes. My plan is to either find a suitable roomate, or get with a good partner I could move out with and move out by age 25. With the money I am investing now I know the sacrifice will be worth it.
Hey Whylearn, love your videos and advice. Especially enjoyed your advice for haters video. Totally agree with your stance here. As a Southeast Asian people live multi generational and help each other out. My parents welcomed me to stay with them as long as i wanted, as they like to see me save money. Plus then it's much easier to help then with their tech problems lol... but yes in Cambodian culture I definitely think people move out after the 2 big reasons you mentioned. Later on parents may even move in with a kid and their wife too. Help provide daycare for the kid, and the kids may give back to the parent by helping take care of them. Especially when they immigrated to America and their first language isn't English, which is tough when having to navigate the US healthcare system. Plus then the homecooked meals and language might return, passing culture down to the grandkids. Lots of benefits.
Awesome video as always. Also I was re watching your videos from just a few months ago and your mic quality is so much better now! I really like the topics you pick because they talk about hard discussions that society knows can be great alternatives but are taboo to speak aloud. A great topic next could be a life style path. This is part 1 for ex. Part 2 is when you should move out. You kinda hinted at it with a career or partner but go into more detail. In many other countries and societies one of the biggest challenges is when to leave your parents. Is it when you find a partner? When you could buy a house? Do you pursue a career that takes you out of that environment? Making the transition is tough especially when you consider your parent's health as they get older. Just food for thought. Great video as always.
much appreciated! yeah my mic quality was bad to start, a pop filter fixed everything. I'll keep this in mind, there is definitely some planning that needs to be done to leave, buy a house, etc. I've touched on some of these topics but not all
So I actually did the complete opposite to you. I moved out of my parents home in March 2020. I had been working full time for a year while living at home, had just been laid off, and had managed to save 20k. I was 23 going on 24, and decided if I didn’t move out then (had two roommates who had lined up a place and had their third fall through) I wasn’t sure when I would be able to. Life became a bit more expensive after, but I’m glad I did it that way. I would absolutely recommend working full time while living at home to build up an emergency fund/begin your investment journey though
New York City same situation like you except I live with my dad all my life but I had supported parents who supported me financially and mentally and I’m 28 years old like you about to start a career job in the next few weeks
My parents weren't financially stable enough to have me live at home without contributing heavily to the budget, but good for you. Take advantage of all the help you can get. It's a necessity now.
I moved out at 22 and haven’t looked back. Would’ve done it sooner if it hadn’t of been for covid. With that said I already had a lot of money saved up and a job which is very important
I’m 24 and live with my Dad. He still asks I contribute some money every month but it’s only about 40% of what I would be paying if I were renting somewhere. Have saved a lot of money and since my Mum died I think it’s good that he has some company too.
Maybe a bit of a different answer than most people here but I moved out when I went to university at 19. Im from the Netherlands, paid about 400 euros in rent due to living in a student house with lots of roommates and was able to keep my debt low as I was working on the side. Maybe I am a little behind financially than some but I would not have traded half my twenties by staying at home and missing out on the best time of my life by a longshot
Im 25 and still live with mine. I moved out at the age of 21 and had my own crib for a couple years but after seeing the expense of the economy its alot more wiser to stay with them and save your coin to get ahead of the race. This idea that you have to move out at a certain age gap baffles me. The only thing that waits you is more bills lol. Dont get me wrong im not knocking anyones hustle, we all want independence but its gonna cost ya.
great video topics ideas. Dating is a numbers game, and with each failure you get a little bit better and understand what you want in a partner more. it is a tough journey, but worth it in the end
French pov: Young people tend to move to bigger cities once they finish high school at 18 years old. Universities are in bigger and larger cities and even tho your family house is less than an hour from uni, people tend to rent a small room or a studio in the big city to enjoy the student lifestyle. This also depends on your family. Usually french people tend to live alone quite early but people from other communities (north african, turks) tend to stay with their family until they get married.
In Uk and 20, planning to move out sometime between 25-30 after my long degree is complete. Can invest about 10k/yr atm, and have no plans to change that
Great topic point I think I’d like to make a video about soon, the pandemic had a big hit on my future I graduated like a lot of people in 2020, while also I was finishing my last year of highschool at a Military school, the past five years has been a very jarring experience especially being pushed into the American mindset of I need to move out when I’m 18-20. I’ve switched my mindset , I believe in what was said find the financial foundation of living alone within your parents house then strive for that, some people do move out early then shortly return within a year or two. Doing things that take longer but getting a better outcome is much more worth it. What I will say is to someone who is younger then me take advantage of what you have when staying with your parents I’ve made a lot of selfish choices and excuses for my self in 2024 and plan to only make the next year better than the last we got this boys
29 and haven't moved out but would like to soon. It has helped me financially a ton and career wise also, I did finish college and have been in a good career for a while now. But socially and romantically? I am far behind for my age and still feel like I am still 22 in many ways. That is the real con of living at home, IMO.
Dang I feel bad. I got a computer science degree but never was able to get a job in the industry. I have a decent amount of money from living frugally but I wish i had a higher income
I am Swedish and 23. I am the last one in my friends group whom still live with my parents. I will move out this summer because of work but my finances are quite well when I live at home. I was still in school during covid so couldn’t invest but now days I am dumping money in the stock market. Sweden is one of the countries with the highest solo member households in the world so here the norm is to have your own place and live there alone…
Wish I lived at home longer, 25 turning 26 this year and wish I milked living at my moms second home for longer then I did and continued stacking investments longer like I did. Also I love you went over dating and nosy parents, exact issues I had when I moved into my parents actual home. Dating life gone haha, every time you leave the house where you going?
Roommates are the way once you do inevitably move out to cut rent in 1/2 or 1/3. The problem is getting good roommates. If you can save up enough while living at home a duplex where you can rent the other half is a great way to help reduce mortgage costs and pay down your loan quick. Or buy a cheap house and get roommates. I hate the fact that I wasted probably around 80-100k just throwing money to a landlord/apartment complex for 8 years with nothing to show in the end.
great content! you inspire me. I was wondering if you achieve FIRE at a young age which you seem to be on track to. What would you spend all your time doing? What are your dreams and passions that you would spend your time doing once your financially independent? A lot of people completely forget about their dreams chasing money and climbing the corporate world.
Nothing wrong with living with your parents if you need the help. I know a lot of families who have adult kids who live with their parents and they're setup for success! If I still have my parents. I'd do it in a heartbeat with all the knowledge I have now
@@AmaryxGamesYT oh yeah. A little bit of crap from friends and i could feel the judgment from people i didn't know well when you hit them with the "yeah i live at home still at 27"
I wish I had parents to live with I was in foster care from 16 on don’t have anyone to go live with had to do everything on my own and tbh I wish I didn’t have to so if u have the ability don’t move out until you set your life up for success
I also want to say, I never felt that pressure to move out once I was 18. I’m sure that exists in America, I heard a lot of people talk about it once I was in college. But I’m not sure that’s weighted equally across demographics
Dude I’m American and live at home. Hell, my parents want me to live at home because it’s smarter and lets me save money. I also live in Los Angeles so it’s insanely expensive here. Lol
i left my parents house at 21 with a stimmy check and pocket money and i'm 26 now and i sometimes i wished i stayed home. I got lucky i could stay at my friends house for a couple years and then i found a place for 700 a month. It was hard though i had to grow up fast and all of this happened during covid. For me there's no going back home even though i love my fam but if you can stay home stay home it's a lot easier and you can definitely build up more money a lot more quicker.
its getting pretty common now. Personally i wanted to save money to buy a house so ive stayed at my parents house for a while. but these days im not sure what state i want to even live in so buying a house can wait.
Non american here. I think things are like that in the US because of hyper individualism. Personally I like that culture but its got some drawbacks like this one.
I've been living with my parents since I started working my software engineering job around age 21/22. I'm turning 24 later this year and my net worth is almost at the six figure mark. While my girlfriend is understanding, I can tell she really wants us to get our apartment together soon, it just feels like the unstable job market needs to pass before I can do that.
bro this is EXACTLY what I did. Making that money as an engineer(JavaScript > Everything) and staying cheap. You're well on your way. I'd say consider moving out especially if you have a nice relationship and good cushion. Hoping the job market improves from here but it's hard to say
The Key is be with you Family because they are gettign Older so spend time around them.. You can find People later and most young people are behaving stupid so rather than keep doing things like Drugs or Crime stay home and Invest. Money is Fake and the Top People have Unlimited so be sure to not focus on it..
I do Part Time Work and Invest over 80% per month on Auto Pay.. I already get more than I need but if Renting will be a thing then a couple years of work is the need to supply it from just the Investments..
I'm from Thailand. It is normal for us to live with our parents/grand parents. But my hometown is in the the south and most of the high paying jobs are in the capital Bangkok. So I have to pay 30% of my income to rent. I wish I could follow your advice and invest this money instead.
While part of the stereotypes about living at home is based on societal expectations, every home is different. Every person is different. Most crave that independence and they simply just don't get it at home, so naturally there is a rush to get out. While it may be the smart choice to stay home with parents, personally, I absolutely get just wanting to be in your own space.
i get that too, everyone has different parents. mine happen to be chill and laid back, but I also know lots of guys who would pay a lot for the privilege to not live with their parents haha
i actually know a girl who’s 20 & bought a house with her mom so yea nothing wrong with living with ur parents even if u & ur parent buys a house together
Everyone in the UK of a certain age lives at home. They have to. Too expensive, as many others are saying. The UK is curious case though. We're kinda split between the American and European worlds. Guess I should make a video on it 😅
I thought it was shitty but I see why we do it now. In America we’re empowered to choose our own path in life and create our identity with our own social circle and romantic partner. In order to do that sufficiently you need to leave the nest and away from your parents and more around your own age group
hey why learn, I am just about to graduate college at 22, I also plan on living with my parents for some time and working. Would you recommend I invest all of my money immediately, or should I wait for a market crash and then invest my money?
Loser is a ridiculous term based one ones living situation. For me loosers are people who drink loads, do drugs, etc. In the UK property costs a fuck ton unless you live in a very deprived area that often has no work anyway. You can either rent, live with room mates, live with parents, or own. If you do the first two it is unlikely you will get on the property ladder any time soon. My advice is live at home, have a good relationship with your parents, save everything you can. Sadly it is quite black and white, if you rent you piss money away. Yes you are independent but tbh I would rather be independent, save, then learn how to pay bills etc when I own my own home.
yeah it seems like UK has similar culture to America in that sense. Of all the countries I visited last year I thought UK was most similar to us culturally
not a bad option either! For me I decided to invest in stocks instead, as many houses/land have lots of hidden costs. It can be a good call though, just heavily depends on what you buy
when you say you have assets that pay you consistently are you talking about dividend ETFS? or are you mainly invested in the SP500 and just withdraw 4% per year?
With housing being so expensive why someone want to move on their own when they can save money to travel instead. If you're having a kid it's a whole different story
The reason why is to get as much as people as possible into debt. Wages haven't kept up with inflation, so if you want to 'grow up' in the traditional sense: your own house, car, degree, have children, etc. you're going to be getting into a lot of debt, and that's why there is a debalitating social pressure to achieve these milestones as soon as possible. Otherwise, you're a 'loser.' But success doesn't come from following the crowd. If you're going to take the road less travelled, then you have to be willing to take the puches that come along with it.
Hey, cool video, im from germany, many people live until 20+ at home. I also moved out with 21 years. My Problem was i had to move out instantly with my 1st job. Thats cuz my mother got some money from the goverment, so my paycheck would be gone. Thats a bad law, but i have a 65% saving rate, i hope for a bear market to buy low ;)
Someone sent me one of those "incel/chad lists" just yesterday and I remarked an intetesting concept: Women say they are attracted to financially successful men, yet simultaneously claim that men who make financially literate life choices (small apartment, no bars/clubs, no vacations, no dumb cars) are unattractive. Talk about wanting to eat your cake and keep it too.
If you're having trouble with women, I wouldn't recommend believing generalizations about them that are portrayed in misogynistic memes. Understanding how societal expectations that come from marketing and massive corporations isn't something that men exclusively are able to do. My girlfriend stayed at home through college and actually got her education paid for by doing scholarships and working as a tutor. She now has a lot of money in savings, but it took time and some heartbreak to find her. She wasn't the first girl I dated, or the one I had the most immediate physical attraction to, but she's absolutely the best partner I've ever had and I can see myself marrying her. If a guy, or hell, 50 guys called you a loser for having a ten thousand dollar car that worked perfectly and was what you needed, you wouldn't apply that to all men, so don't do the same to women. You'll have much better relationships that way.
It's normal in Europe and who cares what others think. You can save a lot of money and invest them. Combined with opportunity cost, you will thank yourself later.
In Netherlands my entire friendgroup still lives at home at 25/26, since housing is so expensive. I rarely comment anywhere, but just wanted to give some perspective since your video's are refreshing, simple and very actionable ;)
thanks man, appreciate your perspective from the netherlands!! Housing is expensive over here as well. Tough out there for both of us haha
@@whylearntech For context, most of us make 40-60k a year, housing is on average 450k where with one person you can only loan about 250-350k so yeah...
@@whylearntech For context, we make about 40-60k a year, average house 450k where if you're alone you can only loan about 250-300k.
Tbh I would rather have a fuck ton of money than be “independent”. Also most of us do our best, we don’t have much choice. If you single and rent you are truly fucked in much of the U.K. If your single and you wanna buy you probs fucked but if you live with your parents at subsided rent you stand a chance. Also just moving in with a women means you pay less rent but you have to spend more and they WILL want you to plan a future for for you both. Hmmmm
In Portugal, it is very similar, unless they move out of the country to seek higher pay (which happens often).
It’s crazy how the expectations in America are to be moved out the day you turn 18.
As someone who lived at my parents house until 21, I was able to save a good amount of money while I was there, and also spend a lot more time with my family because they were always around.
It should never be looked at as a bad thing, everyone has such different lives and we never know what someone’s reasoning for living at home could be. I think it’s great to make/save up as much as possible while you can. Even a few thousand dollars invested can help significantly in the long run.
Love this video, Whylearn.
Hi Jay! Yeah i think that expectation needs to be reset. It can really help someone get ahead. Not a bad thing as long as it is temporary.
PS I'm still thinking about those nukes we couldn't get yesterday lol.
I’m really glad I have supportive parents that are comfortable with my living at home for a while. I turned 18 in 2024, and I’m not expected to move out until at least like 25 because that’s when my siblings moved out. My parents have a surprisingly enlightened mindset, of allowing us to stay at home and save up until we are ready to leave. Very blessed to have good parents. I’ve had friends who were forced from the nest right at 18 and suffered for it. Great video as always man. A stream and then a video, back to back, 😂 I feel spoiled.
be happy that you have supportive parents! I feel lucky to have great and supportive parents as well that don't charge me (monetary) rent lol. Happy to have you there yesterday, I had a lot of fun!!
@ yeah that was awesome definitely do it more. What do you mean? Do you like mow the lawn or something for rent? That’s cool, I do that sort of thing too.
I have recently bought a home in the UK age 25. I invested everything I had spare for these last 4 years (80% of salary) and I have set myself up for a massively early retirement, or more time to spend with my future kids which is invaluable. It is 100% worth sacrificing your early years to allow your money to compound. Live like you are poor and be that guy who never spends money on pointless stuff. Invest in good quality items/food that will improve your quality of life massively, and ignore the other things. Becoming a basement dweller is nothing to be ashamed of, however you MUST have a plan.
congrats on setting yourself up well! i agree living at home should be temporary as well
How much did it cost if you don’t mind me asking? I’m also in the UK, turning 25 in a few weeks and have about 86k in savings at the moment
@@SomeLad12 Went with a 5% deposit, 16k shared between two and I left the rest of mine invested. Investments doubled since we got the house. Everything else on top will cost another 14-16k. We are in 27k deep so far first time buyers. You have a good amount of savings. Put less than you can afford as a deposit and let the rest compound. Hold your assets as close to your chest as possible like your life depends on it. Good luck :D
@Xopher222 thanks for the response!
I would have thought paying a larger deposit would have been better as it would usually offer better rates and means you could pay off the house quicker?
I currently invest in a few things, got a stocks and shares ISA as well as a Lifetime ISA primary invested in the S&P 500. Returns are pretty good but my investments haven't quite doubled yet.
@@SomeLad12 We had 5% deposit contribution so we got rates for 10% deposit. I have no urge to pay off the house soon. The reason being opportunity cost.
American here, only one guy out my group of maybe 10ish close friends (ages 23-26) lives on his own and is also financially independent; he’s the full-time maintenance guy for his own apartment complex (reduced rent + a slightly above minimum wage salary). It definitely seems to be more and more of a rarity these days.
save that money while staying at home! and then make a plan. It's becoming harder to move out nowadays
Keeping up with the Jones’s and instagram is all America cares about. Great video dude.
21 HVAC tech living at home, I have no kids or a wife, so I see no point of moving out I pay half the mortgage, so I’m not freeloading, also I get the satisfaction of helping my parents instead of paying some random, and I get home cooked meals 😂
haha doesn't sound too bad to me!!! Good luck building your career and financial cushion
Sounds good mate. If you have a good relationship with your parents you, and they, will never forget that. Nobody rember or cares about there landlord. Landlords are cunts.
THIS!!!!
I’m Pakistani and it’s a HUGE part of our culture to live with our parents even after marriage in a lot of cases. However, after marriage it is the other way around and the parents live with you and rather than a burden we see it as a privilege and blessing to care for them. I plan on living at home unless I can get a commission in the Navy or Army, and even then I plan on having my parents live with me once I complete all training. Those early years are going to be rough, likely just a small apartment but in our culture it’s not the house that counts but rather the people in it. I know it’s hard for American women to accept stuff like this and I’ve already ruled them out unless I find one who can accept my plan. My kids will 100% be raised in a multi-generational household. As the only son it’s my responsibility to care for my parents, something which goes neglected in American society.
You have a great mentality to care for everyone around you! love to see it and appreciate the perspective from the Pakistani community
thank god for this video ik someone who’s engaged, just got full time at my job about a month ago, he’s 33 & lives with his parents as for me, i’m in my early 20s & have my own space in my stepdads parents house (his parents died in 2021 & 2023) i currently have my own appliances, dining room, living room, & bedroom i would never take it for granted it became my own place by age 20.
Here in Spain we tend to live with our parents until our late 20s. Now it is even more common than before, however it is something we have normalized due to the increasing housing costs and the low salaries.
Yeah, the salaries are so low and even in small cities like mine the housing costs are too high, there's a way to do it, but that means you have to have roommates to be able to leave
La edad media de emancipación en España es de 30 años, no de 20
I am currently 21 living with my mother in Mexico who is going to move out to a different state for health reasons. So my situation changes now since I am going to pay half of rent and now groceries with a roommate, but, the cost of living here is much cheaper. I am glad that I found your channel recently, because it reinforces my believe that right now, the best thing you can do is live simple, save up and invest. I wanna add that all of my friends here live with their parents, it is totally normal here in Mexico because culturally, your core family and even your extended one is the most important thing that you can have in your life, which as a kid I didn't care about, but as you get older, you definitely appreciate it more. I think this type of individualistic thinking from America is part of the problem, because I currently am in the most happy relationship of my life, and she lives with her parents too. Like you say, there is definitely drawbacks, one is the privacy, which humorously makes Motels here a very popular business here.
My gf is from colombia and it sounds similar to mexico! many multigenerational households, and people can save good money as well. I love the family centered nature of Latin America, I think it's something Americans miss at the expense of being independent
My parents are both from countries where it's normal for people to live with their parents. They also supported me through my various health issues growing up.
Nowadays, I allocate most of my money to supporting my parents, and I don't mind this, as one of my aims is to provide them a nice standard of living, as I feel they deserve it.
The best part of living with parents is you get to hug them everyday. That's one of the few things I still value, lol.
In my culture, the grandparents take care of the children while the parents work. But this only works if everyone gets along well. But I agree, staying with parents will help you out so much. Besides, you have the rest of your life to live alone when your parents pass away
Moved out from 17-25. Back with my folks at 26 and am happy with saving tens of thousands a year currently.
I'm from Michigan and I've lived in a multi generation household for almost my entire life. My parents got divorced when I was young and my Mom had no where to go, so we moved in with my grandparents and have been there since. I've got a girlfriend and a software development job now and plan on moving out once she is done with school
Im 22, graduated college last spring and immediately went back home to live with my parents. Took me the whole summer to find my full time job, but it pays pretty well for starting out. I still live with my parents despite a 45/50+ min commute, the state my job is in has ludicrous housing prices and I dont want to shell out crazy rent money. Although living with my parents is not ideal mentally sometimes, and I spend a lot of time commuting, its easily the smartest financial choice I am making now. Some at my job actually envy or admire me for being so financially responsible and putting up with this situation, with some saying to stay as long as I can tolerate it. My parents love me and still cook dinner for me when they’re home and thats nice to come back to after a long day. I do chores for them and they dont even charge rent, which is very generous. I think if I moved out alone anyway id be very lonely and like having the company of my family, even if they get on my nerves sometimes. My plan is to either find a suitable roomate, or get with a good partner I could move out with and move out by age 25. With the money I am investing now I know the sacrifice will be worth it.
Hey Whylearn, love your videos and advice. Especially enjoyed your advice for haters video.
Totally agree with your stance here. As a Southeast Asian people live multi generational and help each other out. My parents welcomed me to stay with them as long as i wanted, as they like to see me save money. Plus then it's much easier to help then with their tech problems lol... but yes in Cambodian culture I definitely think people move out after the 2 big reasons you mentioned. Later on parents may even move in with a kid and their wife too. Help provide daycare for the kid, and the kids may give back to the parent by helping take care of them. Especially when they immigrated to America and their first language isn't English, which is tough when having to navigate the US healthcare system. Plus then the homecooked meals and language might return, passing culture down to the grandkids. Lots of benefits.
really cool to hear your side of the story and all those benefits. Tight nit families are amazing
Haha that is cool to hear you're Cambodian! I am Cambodian as well, and am pretty much living in the same situation as you.
Awesome video as always. Also I was re watching your videos from just a few months ago and your mic quality is so much better now! I really like the topics you pick because they talk about hard discussions that society knows can be great alternatives but are taboo to speak aloud. A great topic next could be a life style path. This is part 1 for ex. Part 2 is when you should move out. You kinda hinted at it with a career or partner but go into more detail. In many other countries and societies one of the biggest challenges is when to leave your parents. Is it when you find a partner? When you could buy a house? Do you pursue a career that takes you out of that environment? Making the transition is tough especially when you consider your parent's health as they get older. Just food for thought. Great video as always.
much appreciated! yeah my mic quality was bad to start, a pop filter fixed everything. I'll keep this in mind, there is definitely some planning that needs to be done to leave, buy a house, etc. I've touched on some of these topics but not all
I am also lucky to live with my parents. work full time, get into your career and the money comes rolling in quickly.
So I actually did the complete opposite to you. I moved out of my parents home in March 2020. I had been working full time for a year while living at home, had just been laid off, and had managed to save 20k. I was 23 going on 24, and decided if I didn’t move out then (had two roommates who had lined up a place and had their third fall through) I wasn’t sure when I would be able to. Life became a bit more expensive after, but I’m glad I did it that way. I would absolutely recommend working full time while living at home to build up an emergency fund/begin your investment journey though
New York City same situation like you except I live with my dad all my life but I had supported parents who supported me financially and mentally and I’m 28 years old like you about to start a career job in the next few weeks
My parents weren't financially stable enough to have me live at home without contributing heavily to the budget, but good for you. Take advantage of all the help you can get. It's a necessity now.
I moved out at 22 and haven’t looked back. Would’ve done it sooner if it hadn’t of been for covid. With that said I already had a lot of money saved up and a job which is very important
I’m 24 and live with my Dad. He still asks I contribute some money every month but it’s only about 40% of what I would be paying if I were renting somewhere.
Have saved a lot of money and since my Mum died I think it’s good that he has some company too.
Maybe a bit of a different answer than most people here but I moved out when I went to university at 19. Im from the Netherlands, paid about 400 euros in rent due to living in a student house with lots of roommates and was able to keep my debt low as I was working on the side. Maybe I am a little behind financially than some but I would not have traded half my twenties by staying at home and missing out on the best time of my life by a longshot
Im 25 and still live with mine. I moved out at the age of 21 and had my own crib for a couple years but after seeing the expense of the economy its alot more wiser to stay with them and save your coin to get ahead of the race. This idea that you have to move out at a certain age gap baffles me. The only thing that waits you is more bills lol. Dont get me wrong im not knocking anyones hustle, we all want independence but its gonna cost ya.
May you make a video on tips on how to keep weekly expenses low?
And for dating, what’s your take on playing the numbers game for meaningful dating?
great video topics ideas. Dating is a numbers game, and with each failure you get a little bit better and understand what you want in a partner more. it is a tough journey, but worth it in the end
French pov:
Young people tend to move to bigger cities once they finish high school at 18 years old. Universities are in bigger and larger cities and even tho your family house is less than an hour from uni, people tend to rent a small room or a studio in the big city to enjoy the student lifestyle.
This also depends on your family. Usually french people tend to live alone quite early but people from other communities (north african, turks) tend to stay with their family until they get married.
In Uk and 20, planning to move out sometime between 25-30 after my long degree is complete. Can invest about 10k/yr atm, and have no plans to change that
26 years old still living home, just started my own business
Great topic point I think I’d like to make a video about soon, the pandemic had a big hit on my future I graduated like a lot of people in 2020, while also I was finishing my last year of highschool at a Military school, the past five years has been a very jarring experience especially being pushed into the American mindset of I need to move out when I’m 18-20. I’ve switched my mindset , I believe in what was said find the financial foundation of living alone within your parents house then strive for that, some people do move out early then shortly return within a year or two. Doing things that take longer but getting a better outcome is much more worth it. What I will say is to someone who is younger then me take advantage of what you have when staying with your parents I’ve made a lot of selfish choices and excuses for my self in 2024 and plan to only make the next year better than the last we got this boys
29 and haven't moved out but would like to soon. It has helped me financially a ton and career wise also, I did finish college and have been in a good career for a while now. But socially and romantically? I am far behind for my age and still feel like I am still 22 in many ways. That is the real con of living at home, IMO.
dating and social life is 100% the biggest downside to living at home. A trade off to consider heavily!
Dang I feel bad. I got a computer science degree but never was able to get a job in the industry. I have a decent amount of money from living frugally but I wish i had a higher income
This pressure is also common in Canada
I am Swedish and 23. I am the last one in my friends group whom still live with my parents. I will move out this summer because of work but my finances are quite well when I live at home. I was still in school during covid so couldn’t invest but now days I am dumping money in the stock market.
Sweden is one of the countries with the highest solo member households in the world so here the norm is to have your own place and live there alone…
Wish I lived at home longer, 25 turning 26 this year and wish I milked living at my moms second home for longer then I did and continued stacking investments longer like I did. Also I love you went over dating and nosy parents, exact issues I had when I moved into my parents actual home. Dating life gone haha, every time you leave the house where you going?
at least you got a chance to do it for some time! with that investing mindset, you should be fine
Roommates are the way once you do inevitably move out to cut rent in 1/2 or 1/3. The problem is getting good roommates. If you can save up enough while living at home a duplex where you can rent the other half is a great way to help reduce mortgage costs and pay down your loan quick. Or buy a cheap house and get roommates. I hate the fact that I wasted probably around 80-100k just throwing money to a landlord/apartment complex for 8 years with nothing to show in the end.
great content! you inspire me. I was wondering if you achieve FIRE at a young age which you seem to be on track to. What would you spend all your time doing? What are your dreams and passions that you would spend your time doing once your financially independent? A lot of people completely forget about their dreams chasing money and climbing the corporate world.
another banger my dude
Bro does not miss
Nothing wrong with living with your parents if you need the help. I know a lot of families who have adult kids who live with their parents and they're setup for success! If I still have my parents. I'd do it in a heartbeat with all the knowledge I have now
Yeah it can be a decision that pays off in the long run!!
@@whylearntech I'm curious did you get any flack from anyone living with your parents?
@@AmaryxGamesYT oh yeah. A little bit of crap from friends and i could feel the judgment from people i didn't know well when you hit them with the "yeah i live at home still at 27"
I wish I had parents to live with I was in foster care from 16 on don’t have anyone to go live with had to do everything on my own and tbh I wish I didn’t have to so if u have the ability don’t move out until you set your life up for success
Im almost 30 and im in my parents basement. Granted i have an apartment in downtown chicago, but im hardly there. I just get so lonely
Banger channel, banger growth. Can't wait to see you do even better in 2025.
I also want to say, I never felt that pressure to move out once I was 18. I’m sure that exists in America, I heard a lot of people talk about it once I was in college. But I’m not sure that’s weighted equally across demographics
0:05 here in Saudi Arabia 🇸🇦 is normal
Fr i wouldnt have expected that from Rich Saudi🫡
@ wish i was rich wish i was what u guys see or hear on TV to be true
Dude I’m American and live at home. Hell, my parents want me to live at home because it’s smarter and lets me save money. I also live in Los Angeles so it’s insanely expensive here. Lol
i left my parents house at 21 with a stimmy check and pocket money and i'm 26 now and i sometimes i wished i stayed home. I got lucky i could stay at my friends house for a couple years and then i found a place for 700 a month. It was hard though i had to grow up fast and all of this happened during covid. For me there's no going back home even though i love my fam but if you can stay home stay home it's a lot easier and you can definitely build up more money a lot more quicker.
700 a month is a bargain nowadays! Thanks for sharing your perspective
I was about to make this video !!!! Hahah beat me too it
Well done as always tho
its getting pretty common now. Personally i wanted to save money to buy a house so ive stayed at my parents house for a while. but these days im not sure what state i want to even live in so buying a house can wait.
buying a house can be overrated in my opinion unless you are settling down somewhere
Non american here. I think things are like that in the US because of hyper individualism. Personally I like that culture but its got some drawbacks like this one.
Im 23 i have 72k saved already im just keep saving to 100k and let it compound
Its all BS. Living with parents is not issue at all.
I'm 19, and I live with my parents. They also "live with their parents" because we live at grandma's.
I've been living with my parents since I started working my software engineering job around age 21/22. I'm turning 24 later this year and my net worth is almost at the six figure mark. While my girlfriend is understanding, I can tell she really wants us to get our apartment together soon, it just feels like the unstable job market needs to pass before I can do that.
bro this is EXACTLY what I did. Making that money as an engineer(JavaScript > Everything) and staying cheap. You're well on your way. I'd say consider moving out especially if you have a nice relationship and good cushion. Hoping the job market improves from here but it's hard to say
Why pay some random landlord when you can pay towards your parent's mortgage at a low cost? It's a no brainer.
Edit: Great video!
The Key is be with you Family because they are gettign Older so spend time around them.. You can find People later and most young people are behaving stupid so rather than keep doing things like Drugs or Crime stay home and Invest. Money is Fake and the Top People have Unlimited so be sure to not focus on it..
I do Part Time Work and Invest over 80% per month on Auto Pay.. I already get more than I need but if Renting will be a thing then a couple years of work is the need to supply it from just the Investments..
I'm from Thailand. It is normal for us to live with our parents/grand parents. But my hometown is in the the south and most of the high paying jobs are in the capital Bangkok. So I have to pay 30% of my income to rent. I wish I could follow your advice and invest this money instead.
thanks for sharing this. There are still many good things about living in the city! enjoy it
Womens norms in the west are kinda ridiculous. Definitely good to chase stability throughout 20s.
yeah i think social media has amplified the pressure on us to be stable
Alot of women who have those standards are broke asf themselves
While part of the stereotypes about living at home is based on societal expectations, every home is different. Every person is different. Most crave that independence and they simply just don't get it at home, so naturally there is a rush to get out.
While it may be the smart choice to stay home with parents, personally, I absolutely get just wanting to be in your own space.
i get that too, everyone has different parents. mine happen to be chill and laid back, but I also know lots of guys who would pay a lot for the privilege to not live with their parents haha
i actually know a girl who’s 20 & bought a house with her mom so yea nothing wrong with living with ur parents even if u & ur parent buys a house together
Everyone in the UK of a certain age lives at home. They have to. Too expensive, as many others are saying. The UK is curious case though.
We're kinda split between the American and European worlds. Guess I should make a video on it 😅
Evertyhing you say is very right good video. Sucks when parents are not supportive.
Even Charlie Munger told us to save 100k no matter how you go about it
I thought it was shitty but I see why we do it now. In America we’re empowered to choose our own path in life and create our identity with our own social circle and romantic partner. In order to do that sufficiently you need to leave the nest and away from your parents and more around your own age group
I still live with my parents, and I plan to save up money to live in a van, or a tiny house.
Pls guys let's create a community!
hey why learn, I am just about to graduate college at 22, I also plan on living with my parents for some time and working. Would you recommend I invest all of my money immediately, or should I wait for a market crash and then invest my money?
Loser is a ridiculous term based one ones living situation. For me loosers are people who drink loads, do drugs, etc. In the UK property costs a fuck ton unless you live in a very deprived area that often has no work anyway. You can either rent, live with room mates, live with parents, or own. If you do the first two it is unlikely you will get on the property ladder any time soon. My advice is live at home, have a good relationship with your parents, save everything you can. Sadly it is quite black and white, if you rent you piss money away. Yes you are independent but tbh I would rather be independent, save, then learn how to pay bills etc when I own my own home.
yeah it seems like UK has similar culture to America in that sense. Of all the countries I visited last year I thought UK was most similar to us culturally
What about buying a land + a tiny house OR directly a house with a decent loan and paying that as an asset rather than a rent throughout our 20s?
not a bad option either! For me I decided to invest in stocks instead, as many houses/land have lots of hidden costs. It can be a good call though, just heavily depends on what you buy
when you say you have assets that pay you consistently are you talking about dividend ETFS? or are you mainly invested in the SP500 and just withdraw 4%
per year?
With housing being so expensive why someone want to move on their own when they can save money to travel instead. If you're having a kid it's a whole different story
Im mentally challenged 27 here in mexico too, being a loser is smart or thats what they want you believe
Ironically, the people calling us losers will do what everyone else does. Too cookie cutter.
The reason why is to get as much as people as possible into debt.
Wages haven't kept up with inflation, so if you want to 'grow up' in the traditional sense: your own house, car, degree, have children, etc. you're going to be getting into a lot of debt, and that's why there is a debalitating social pressure to achieve these milestones as soon as possible. Otherwise, you're a 'loser.'
But success doesn't come from following the crowd. If you're going to take the road less travelled, then you have to be willing to take the puches that come along with it.
Hey, cool video, im from germany, many people live until 20+ at home. I also moved out with 21 years.
My Problem was i had to move out instantly with my 1st job. Thats cuz my mother got some money from the goverment, so my paycheck would be gone.
Thats a bad law, but i have a 65% saving rate, i hope for a bear market to buy low ;)
Someone sent me one of those "incel/chad lists" just yesterday and I remarked an intetesting concept:
Women say they are attracted to financially successful men, yet simultaneously claim that men who make financially literate life choices (small apartment, no bars/clubs, no vacations, no dumb cars) are unattractive.
Talk about wanting to eat your cake and keep it too.
If you're having trouble with women, I wouldn't recommend believing generalizations about them that are portrayed in misogynistic memes.
Understanding how societal expectations that come from marketing and massive corporations isn't something that men exclusively are able to do. My girlfriend stayed at home through college and actually got her education paid for by doing scholarships and working as a tutor. She now has a lot of money in savings, but it took time and some heartbreak to find her. She wasn't the first girl I dated, or the one I had the most immediate physical attraction to, but she's absolutely the best partner I've ever had and I can see myself marrying her.
If a guy, or hell, 50 guys called you a loser for having a ten thousand dollar car that worked perfectly and was what you needed, you wouldn't apply that to all men, so don't do the same to women. You'll have much better relationships that way.
It's normal in Europe and who cares what others think. You can save a lot of money and invest them. Combined with opportunity cost, you will thank yourself later.
Why buy a house if your family can't stay in it?
Average age to move out in Dublin is 28
Im be single forever anyways fk it
first
Not quite! close, maybe next time
@ next time! Another great vid tho 😎