As a young adult, I couldn’t wait to get out on my own. I was raised by my grandmother, Big Mama, and some of her house rules drove me bonkers — no shoes under the bed, don’t turn the television knob to the left, only to the right (this was before remote controls), chain the front door at 11 p.m. One time I had to call a neighbor to get my grandmother to open the door.
So I get it. Home is not always where your heart is. But in an economy where rents are ridiculously high, one of the smartest financial moves you could make — if possible — is to live at home, or with relatives.
If you can cut the biggest expense in your budget — housing — it can help you weather a recession.