To Move Home or Not to, That is The Question!

The college years are full of discovery, and new found freedom. Your mind is open, your heart is open and your wallet is hemorrhaging! The price for admission to a college life is quickly creeping towards being an option only available to a privileged few. So here you are, one of the privileged few. You may not feel so privileged when you've got the weight of an entire college degree's worth of debt on your shoulders. Here you are standing at the edge of the world, your business degree from Saint Leo University in hand, and it's time for you to start banging on some doors to make it all worth while. But without the luxury of time and money, someone could come knocking on your door with their hand out, expecting payback for all those college years. So to avoid that, you have to make some tough decisions.

Even the idea of moving home after college can bring just about as much dread as a crippling tuition bill. But you're a grown up now, and it's time to make grown-up decisions. You need to take a good hard look at your financial situation. There are a few poignant questions that need to be addressed; Are you currently employed, and if so, do you make enough to pay to live, pay off debt,  and have the time to seek out a career in the field you graduated in? Sounds impossible doesn't it. Of course it isn't, you just have to be prepared to make some tough choices.

Moving Home - It's time for a heart-to-heart with Mom and Dad. Moving home is the ultimate way to save money. Save up to buy a house and save up for an emergency fund so when you do eventually move out that way you'll have a nest egg to support you in case you fall on hard times. Another great thing about moving home is that you don't feel like you're in a pressure cooker, you have the luxury of time so you can find your dream job!

Some may argue that moving home is more stressful than living out on your own because of tensions or family issues. This is entirely possible, but perhaps you can use this as a time to heal old wounds, and work on your relationship with them. If the past is irreparable, than perhaps it isn't the best idea, and you need to seek out alternative, and affordable living arrangements. But if this is an option for you, it could be a win-win situation for all involved; Your parents get to put off their empty-nest syndrome a little longer, and you get to save a boatload of cash so you can pay down your debt, and start building a better life for yourself.