Boy, Am I glad my parents weren't like this woman. When I went to college I worked part-time and lived at home. Doing so made it possible for me to not get any student loans and even have some money saved by graduation with zero debt! In exchange, with the money I saved I'll be able to give back to my parents once they're older and need financial assistance from me.

My father's solution to this was he told me as long as I was in college, I could live under his roof and eat meals at his house. I paid for my own car, gas, etc. (there were no cell phones back then, but I guarantee you I would have had to pay for that also). I also had to help mow the yard, take out the trash, etc. When I graduated, he expected me to get a full time job and move out, which is exactly what I did. He passed away three days ago, at 91. I've been completely debt free since 2012, own my own house and two cars. Guess his method worked, in my case.

“Two grown adults 18, 24, still living at home working part time and going to school”, doesn’t sound bad to me. Sounds as if they’re trying to go further in life. At 18 you’re probably just graduated high school or still in high school. Give me a break. That’s not a grown adult, that’s still a child trying to figure out their life. Can’t handle these types of parents.

An 18 year old not knowing what she wants to go to school for is... well... normal. No need to punish her with a 60-80 hour work week. Her parents should act like parents and help her find internships, apprenticeships, career days, etc.

I am 27 and a full time biology teacher. I live at home and pay the mortgage and bills. my mom doesn't need to work because of my income. my point is that as long as you contribute to the home, it's okay to live at home. then again, we are a Mexican household.

As a Japanese guy one told me, it's the parents job to make sure their child is prepared for the real world, if you toss them out there and they end up homeless or on hard drugs it reflects more on you as the parents.

I lived at home until I was 27. Paid room and board. When I left home, I had a big down payment on a house I paid off in 11 1/2 years.

I'm 24 and I live with my mother. I work full-time and I pay rent, my phone bill, car insurance, gas, food and my own college tuition.

I think they are being a bit harsh on the 18 yr old.

how about dont have kids if youre trying to kick them out as soon as legally possible?

The problem with some of Dave's advice regarding this type of topic was that he was already wealthy by the time his kids reached this age, so it was no problem for daddy to pay their way. He needs to keep in mind that not all parents can afford to keep paying their children's way - some of us need to put a lot of money into investments so we can retire with dignity. I think he forgets what "most" families can afford.

I wonder if this guys kids will let him live with them when he's 80. Or maybe they will give him six months, then to the streets?

My parents said people that live under their roof share their values and go to church on Sundays. I hit the bricks the day I graduated high school and never looked back or regretted it.

We spoiled them...with clothes, food, roof over their head, etc..

lol at people having kids, then wanting to leave them for dead once they hit 21 without being able to lead them in any direction

This is utterly ridiculous. In my opinion, our job as parents is to prepare our kids to be successful. To say get out of my house at 21 because you have a college degree now is a set up for financial failure. If my child has to stay at home till he/she is 26 and financially/occupationally ready to put down a good down payment for a house. That is the best case scenario in my opinion. I usually love your insight Dave but you are incredibly wrong on this one.

I doubt Rachel has had to pay a dollar out of pocket for anything in her entire life. She was completely funded by daddy, and then her husband. Not sure how she’s in a position to give any advice on this.

Wow great insight from someone who had their schooling and the majority of their expenses paid for by daddy dave

I just turned 18 and still in high school so I'm too old to live at home with my parents and my parents should kick me out? 🤔

Even me at age 8 felt that kicking your kid out at age 18 was a bit harsh.

How is having your child spend all of their paycheck towards bills helpful? As long as theyre going to school, Id pay everything and push them towards graduate school. After all schooling let them save up for a year and then have them move out 😌

Thank god I have a mother that is nice and lets me stay at home while in college.

moving out at 18 or 21 was realistic, affordable, and normal 60 yrs ago. union jobs everywhere white collar jobs everywhere low job entry requirements college could be paid for easily exports were strong Fast forward to 2020: Blue collar jobs overseas white collar jobs to India complete export/import imbalance College is extremely expensive 2008 recession still affects millennials high medical insurance costs stop applying boomer expectations to the awful situation of many young people.

from a Hispanic point of view we can't relate to this move out of the house at 21 we are very close as a family is a culture thing and sometimes we I hear people talk like this about their kids it sounds cold and like if they are talking about a pet or something.

No matter how much of an adult you are, you will always be in a parent/child dynamic as long as you live under their roof, which hinders true maturation.

May be a cultural thing. My parents wanted me to live them until as long as possible. But had I been lazy or abusing the priveledges, they would have never put up with it. I went to school, had a job the whole time, and helped keep the house clean. Worked well for me. Now I have the privilege of fully being able to take care of my father financially. Not sure how other cultures work but this is pretty typical of the traditional Asian culture.

There absolutely nothing wrong with your children living at home if they’re 18 yrs old and 24 . They are going to school and working. My goodness what’s wrong with that!! An 18 yr old doesn’t know anything about living on their own bc they’re young adults and no need to throw them out if you truly love them. It’s a rough world out there , why rush to get them out so fast. I love my children and have helped pay for their education , plus food and a roof on top of their head with the help of God Almighty of course. 🙏🙏🙏🙏🙏🙏🙏

Parents need to learn how to be parents.

Why would his kid not agree with her father ? “Rachel what do you think ?” “ oh i agree” 🤣🤣

i don’t like the “live under my value system” line. mainly because it strikes a nerve and some awful memories. i became muslim when i was 17, still living at home. my father had this attitude and i was nearly forced outside of my parents home and into homelessness. luckily my mother was smarter than that and allowed me to stay at home. i’ve been working full time since i was 17, i now make an anual salary of 40k. i’m now 23 and still living at home with my parents. debt free, owning my own 2018 car. having gotten that all by myself without my family’s help (besides allowing me to stay home rent free) all because they allowed me to stay rather than kicking me out for our differences in religion. staying home was a blessing. i was able to pay for my own car, save up, invest and i’m even able to pay my way through pre med without loans. and i’m planning on putting myself through medical school without loans as well. it’s not always black and white.

When I was in high school I always had a part time summer job. I went to a state university and took out 4 yrs of student loans (back then, the best rate was 9%!) Within 2 months after graduating, I scored a full time job and was back living at home paying $200/month "rent" to my parents. As a wedding gift, my mom gave me back my "rent". I paid off my student loan (and a used car loan) EARLY because I was able to live at home. It can all be done, IF you WORK at it!

I left home at 18. Never went back. Never regretted it. Still finished school.

"Living under MY value system"..... there he goes with gifts with strings attached.

She's only 18 I'm 25 and doing nothing

I cannot agree more. I moved out at 17. I went to college and paid my way through. The person I became in those first 6-8 months... I wouldn't trade that experience for anything. It made me very independent and strong. Now I'm able to help others.

This question is like a broken record... Im ready for some new fresh questions.

You can live at home and still learn to be responsible but living by yourself sure does make you more mature about things, for me anyways. Some will maybe just not care

LOL, princess Rachel knows it all, doesn't she?

I understand the Ramseys' point-of-view, but I agree with commenters below. Personal independence is a strong Caucasian-American value, whereas family loyalty is lauded among other ethnicities within the United States. My family is not white, but we have been in the United States for multiple generations and hold both values. There are 3 siblings: one moved out in college, one in his mid-20s, and I moved out (for the last time) after finally getting a stable job after grad school. I was 32. If my family had ever indicated that they wanted me out of the house, I suppose I would have had some character-building challenges to meet. But since they didn't, I am grateful and don't regret a thing. Average rent for a one-bedroom apartment in my lower-middle-class Los Angeles neighborhood is currently $1430 per month.

It seems like debt is the biggest stressor for these parents.

I moved back after a divorce, depression, and slow down in Career.

I live in Asia and in my culture you can stay at home as long as you like, it's actually favorable since there will be someone to look after your aging parents, I don't really like it though when your siblings started to marry and still live in the house with their new spouse. we are all grown ups but still live with our parents but since we're all working, we are the ones shouldering the expenses.

if I had kids, they could stay with me as adults. As long as they paid rent and obey my rules.

so funny seeing these parents doing everything for the kiddos. after high school, i left for college 12 hours from home. best decision ever! no gov't financial aid and and no support from parent. thank God that He gave me wisdom to know what had to be done. wouldn't have it any other way.

Here in San Francisco, the median price for a one bedroom apartment is $3700 per month. Private school tuition is $75,000 per year. Next to NYC,this city has the most billionaires in America. Also, you see many, many people living in RVs, cars or who pitch tents in the streets since California has the highest level of poverty in the nation. The disparity between rich and poor is extreme. Jobs are unstable since we all sign at-will contracts which means we are subject to a gig economy. Dave Ramsey is deluded and should consider himself lucky to be a baby boomer and thus the beneficiary of the wealth-building era of the 1970s/1980s.

*Then parents wonder why they're in a nursing home, with no visitors*

my wife siblings are 33 and 35, both with a child. the 35 yr old son stays home and doesn't work. the 33 yr old sister lives in a family member home for free but somehow has 400$ gas bill. Well my wife's mom pays all the sister's bills"car payment, food grandson" so she wont stay at home with my inlaw. her sister works 10-12 hour a week. I know ,hard to believe but its so true . My wife's mom works in her 60's at about 2k a month because she is scared to make her kids grow up...........dumb

The only period in time where generations didn't live under one roof. Sad reality that it's ending but your gunna have to.

This parent is irresponsible and selfish. You should be the one paying for your daughter school.

If the kids are going to school or saving/working full time then I don't see an issue. Granted, I have the point of view from someone who lived with his parents until I was able to save money and buy a home.

What I find so puzzling is the late 20's to 30's young folks--where do they find a place to DO IT?

Kids need to grow up, get a job and a freakin LIFE. ive seen so many situations like this where it ends badly.

Western mentality about moving out is why care homes are thriving. Even working and progressing that way should be fine. Going university unless you're doing something as doctors or lawyers etc isn't worth it

In my family, we usually don't mind as long as the kid is making something of themselves. Let them get ahead and maybe they will help you out in the future. Of course that doesn't mean the rules aren't strict, but life isn't so easy that everyone has it figured out by 18-20 years of age.

I have lost a ton of respect for Rachel. She needs to get off of her high horse and quit judging people because they live at home and save their money instead of giving it away to her daddy's buddies who work in the mortgage industry. That comment about how "they will just stay there and that will become their life" was horrible. I mean, yeah, those who live at home and are bums and won't work or anything should be told (by their parents) to shape up or ship out. But, for crying out loud, why kick someone out who works, pays rent, and helps out around the house? I think the stupidest comment I heard was "oh, it FORCES them to grow up". REALLY?? Are you that naive, Rachel? Moving out forces nothing. I have witnessed that firsthand.

She's 24. let her stay till 30! nothing wrong with helping your kid get ahead. I moved out at 29, bought a house; could of only done that by living at homes a little longer. send your kid out too early they rent apartments or maybe get a 1 bed 1 bath condo. stay 5 or 6 more years and have them work and save. well in GTA average house now is 1 million. so it's the norm in canada.

quick tangent regarding the math on that $6,000 she needs to find as a summer college student. at minimum wage of $7.25 she would have to work 827 hours over about 12 weeks (the length of summer break for most college students) that would amount to approx 70 hour work weeks. College is expensive. Imagine if she didn't qualify for the pell grants!!!

Should you encourage your kids to get out on their own? Yes. Should you also realize that they are going out into a world much different than the one you entered at that age, also yes. Mine put up for me for two years until I could secure gainful employment and that went a long way towards getting my student loans paid off.

Only in America have I heard of parents so anxious to kick their kids out of the house as soon as possible

From a Thai standpoint, it's quite baffling to see how much emphasis Americans place on children. While they do have Child Protective Services that can intervene if parents are deemed unfit, it's intriguing that once these youngsters hit 18, some parents opt to kick them out, citing a legal loophole that relieves them of further responsibility. Turning 18 doesn't magically equip someone with all the tools they need to navigate the complexities of life. It's a critical age where guidance and support are still crucial. Parents play a significant role beyond legal obligations, helping their children tackle the challenges that come their way. Life doesn't follow a strict script, and a bit of parental wisdom can make a world of difference.

Dear Rach and Dave I NEEED this video with spanish subtitles so my mother could understand from another point of view that she is NOT helping my siblings (26 and 31, none of them studying) by allowing them to live with them and at their expenses. Please, please, please! help a sister out.

👍👍👍. Kids are a reflection of their parents..

What if I still stay at home to save money to buy a house, since my parent is renting as well. This way the whole family save money in a over all rent. Is that okay? provided I don't spend earning on things that are unnecessary for job/living.

its crazy watching a few of your videos on the same topic yet you say its ok to live at home while in college and other videos you say to get out!

Love you Guys! And your sound advice!

I'm 28 and my boyfriend and I have lived with his parents now for 2 in half years! I see everyone my age with decent jobs, settling down and buying a house! We're always saving a little money at a time but it's expensive to live where I am here in Florida. Thankfully, we have a good structure at our household. It took a lot of work. I help his mom with the cooking and cleaning and whatever she wants me to do! We go out together and have a great relationship! We buy our own food, pay for gas, pay for our phones, help with heating and electric. We have only have one vehicle and we can't afford another one right now. I'm content though and very thankful for the people I have around me!! We still struggle but not as badly because we only have to pay half on bills! If you live with your parents and have a good structure you'll be fine!! But, you have to have a finish line eventually! I don't want to be in this situation forever but at least we're able to save money while we can!! You can do whatever you want and live with who you want. Don't let other people bring you down! But if you can, start saving as soon as you start working and you should be somewhat set when you graduate!! I loved having our own place at one time but it just didn't work out for us!! Just keep saving and wishing for the best for your future!!

I think the parents should let the kids pay more when it comes to the car, gas and insurance. If the 18 year old wants to work full time, then she will grow up really fast. I think Dave's advice is really good for this situation.

Your worldview is pretty sad compared to most Asian homes. Yours is one of the reasons that so many people live in debt in America. Multi-generational households are a great way to accumulate wealth and be debt free.

Rachel, if Dave Ramsey was not your father I would love to have seen you working 80 hours a week, fully paying for your school, paying rent, paying all your bills, and be debt free at age 18. Oh that’s right it wouldn’t have happened. But yet you’re so quick to judge others who didn’t have the privelage of growing up in a household like yours. This question was not answered realistically.

Teaching kids responsibility and work ethic is a must from a young age. My parents helped me and my wife don't go in a huge debt while in college. Also we own a business now because we didn't go into a huge hole. My friend stayed with parents at their home, worked and bought several rental properties before he moved out. I don't agree with kicking kids out, teach them discipline and work ethic from a young age and help them if you can. Later in life they will be thankful and take care of you.

4:20 Dave Ramsey: "Being homeless is good for them" ugh NO it is NOT!!!!!!!!!!! He is sooooo silly itts unreal.

I don't get the negative comments. Have those commenters not been paying attention generally to Dave? Let the kids stay at home if they are in school. That allows them to 1. concentrate on studies, and/or 2. put any money they earn towards tuition so they don't incur loans in the first place. Make sure there's an exit plan. Have living at home as a adult tied to conditions such as school. Don't let your child live at home as a adult, without a plan, without an exit strategy, basically continuing to live as a child instead of the adult they are. He's not advocating kicking kids out as soon as they turn 18, but to be smart about your choices when having an adult child living with you. Having that fall-back plan of parents is invaluable. I've bounced home once, and it gave me a great place to transition to a new phase in life. But there was always conditions, it always had an expiry date, and then we could all move on.

Millennials living at home falls on the parents. They should start encouraging their kids to be independent at 10-12 years. Not start at 18. Kids need to be taught independence gradually otherwise they get overwhelmed. Also, all the schools are liberal and keep their students to depend on people.

Dave I think you've lost your way on this my grandma who was born in 1900 said that in her day kids would stay as long as they wanted just like The Waltons. In the country people used to stick together and not be financial adversaries as you promote.

Sounds like they are the ones that are actually horrible with money and that now that they are all into their savings and baby steps they are playing pretend drill sgt with their kids. An 18 year old living at home and going to school is spoiled? What did she think was going to magically happen to him when he turned 18? God gives him a few grand to find a place and a job that pays enough to pay rent while going to school full time. Parents like these don't love their kids. That's just a fact. If your kid is at home being a bum I get it, and I get the attitude of telling a kid once he graduates he needs to leave because he needs to spread his wings. But the types that have that "as soon as he hits 18 its time to go" thing. Idk if its just cultural or what. But I struggle to comprehend how such a parent actually loves their child.

Rachel's exit plan: have daddy pay my entire tuition and then work for daddy

Orlando but from new york originally

These kids are trying their best, like you CHOSE to bring these kids into the world. The world isn’t as cheap for millennials to just go and move out automatically as soon as they turn 18. Parents need to realize the cost of living isn’t the same as it used to be. It’s like as soon as they turn 18 they’re automatically expected to be full adults. Like the kids are tryinggggggg

Please link the website in the info box below the video.

I don't understand why ppl decide to have kids when they want to kick them out at the age of 18, I'm sorry but as a parent you have to spend for your kid even when he's grown up and struggling with finance issues, being lazy is a completely different thing, if you're smart enough then you should teach your kid how to start make money from early age

I was okay with "most" of this. At age 18, if a girl wants to take time off because she's not sure what she wants to do, honey, LET HER. Because I have SEEN people leave a private school after hundreds of thousands of dollars because they figure out that they don't want a major in that anymore. So imagine what that's like, to start again being out a hundred thousand. So let the girl take some time off. If you make her flip burgers 60 hours a week, what is she gunna learn in time for school?

Parents like this is ungrateful. Seriously they are trying to better themselves. Don't do that be proud of them

I'd love for once to hear a Dave Ramsey guest say they disagree with him. Yeah, like that's ever gonna happen.

"Well, we never let cha'll know that!"

Easy on the gloating there Dave not every family is fortunate enough to not have a crazy member in it lol😁

My grandparents took me in and raised me and I didn't move out until I was 30. I suffered from a lot of fears growing up but I've grown a lot in the last year. Parents, don't let your kids hang around too long. It will only make the transition harder. Fortunately my grandmother taught me personal finance and my debts are very low.

A lot.of people from Orlando call in.

American mentality seems to be quite different from that of Indian mentality. For starts we Indians have a natural tendency of trying to save more and spend less in comparison to americans who use a lot of credit cards meaning mokre debt. It think Mr Ramsey seems to be missing the core issue of financial stability and that is the tendency to save. The more you save now , the more you can spend like crazy later.

Wow! Dave’s a great dad. I’ve buying everything for myself all through school, and pay off school. So now that I’m done, I’m hoping to go asap. It’s just hard finding a good paying permanent job. Good luck to Maureen’s girls tho.

I USED to respect and admire Dave and Rachel very much. However, I have lost respect for them.They are WRONG about this. Rachel married a guy who is VERY well off, which is fine, but she is NOT really speaking from personal experience, and honestly, she sounds very judgemental. With all due respect to her, she got married, so yeah, you do need to move out then. But, so what if someone is say, 29 years old, single and has a good income and is lucky enough to be living with their parents and not paying a landlord or interest on a mortgage. Stay with your folks as long as you can. It's better to keep the money in the family than to give it away to somebody else. Take it from someone who knows firsthand what life is like when you are NOT a member of the rich Ramsey family. STAY AT HOME AS LONG AS YOU CAN. Now, that does NOT mean be a bum, don't work, be lazy and all that. Work, make a living, pay your parents substantial rent, do things around the house, and pay your own way. Now, I'm not saying NEVER leave. But, really, unless you are about to get married and start a family and all of that good stuff, what is the point hurrying out of the house? Save your money for awhile. Otherwise, you will just be giving it away to Dave's friends in the mortgage industry.

My father never paid for anything living at home under 18 while I was in High school. I had to pay my own pager bill, car insurance, gas, car, clothes, & Etc. Old School father. No excuses.........

We let our kids live with us so long as they're in school. They pay for their own phone, transportation, and school. We provide room & board, Internet, and food.

Give deadline otherwise they will stay in school in their 30s

Only in the USA do kids get treated like such a burden and kicked to the curb at a certain age range. In other countries there are 3 generation families in one home. I guess the USA is too greedy. Even China is starting to treat elderly like so much unwanted burden in favor of personal wealth. Even higher education isn't really enough to compete. Most specialized jobs are more than often a "who you know" thing, while the unskilled jobs are often 100 applicants to one job. Even the fact many public schools are getting university class sizes; from reproductive sprawl. That will create even more problems for job competition in adulthood. I have heard it said that with the babyboomer generation now retired, and Gen-X getting closer to it, and there won't be enough younger people with jobs to adequately support the social security fund.

Ohh jeesh she's from Jersey....

Dave can't stand multi generational living... he must have HATED the Waltons.

Has no one ever heard of Scholarships? It is not a Student Loan vs. Pay it Yourself World. Get enough scholarships to bridge the gap. Also I never went home permanently (except summers) after I went to college at 17. I was the first in the School of Communications to get a job when I graduated which was at The Wall Street Journal in a different state. Consider that you may get a job after you graduate from college and it will not be in a location where you can come back to your parents house, you will have to learn to live on your own. FYI when I did get my new apartment I quickly learned there is a whirl of difference between actually doing it and having to pay for light, gas, electricity etc. and simply "planning for it"😎

I would rather have money go to my family rather than a random landlord.

This is a topic that has me torn with Dave's ideals. I think it's because I am asian and the eastern way of family is just so different from western perspectives. The idea's for money is still the same but I personally agree with my parents way of raising and seeing family not to discredit dave's view because this dude know what he's talking about.

Easy breezy when you grow up wealthy..everyone has different backgrounds doesn't make them bums..or looking to mooch off of parents