If they can’t afford to live on their own, they should find several similar-situation roommates. Also, why stop at working 40 hours per week? There are 168 hours per week available to each of us. Give 8 hours per day for sleep, 2 1/2 hours per day for eating and 1 hour per day of personal hygiene that leaves about 87 1/2 hours for work each week...earning $$$$$. Let’s say you pull together a few part time jobs for 60 hours per week at $10 per hour. That would be $600 per week times 52 weeks in a year...voila: $31,200 per year. That isn’t living in the gutter and eating scraps of garbage off the street thrown out by the “privileged” as they drive by in their Mercedes.
Of course when you only want to do want you want to do, when you only want to work for 35-40 hours each week and when you only want to work if you get paid what YOU think you’re worth, that changes the equation. I guess for those folks, 99 weeks of unemployment, their parent’s spare room and other welfare programs look pretty good.
Now, I am not heartless. I am speaking here of young people 18+ through 25 or so who haven’t launched as yet (the original topic of this thread).
True. Did that, first had to bunk with an college in a small one-room apartment. Then 6 in a two bedroom. Then 2 in a two bedroom. Finally could rent a place on my own and finally saved enough to put a down-payment on an apartment (but that was post-marriage when we wanted a place!)
. Also, why stop at working 40 hours per week? There are 168 hours per week available to each of us. Give 8 hours per day for sleep, 2 1/2 hours per day for eating and 1 hour per day of personal hygiene that leaves about 87 1/2 hours for work each week...earning $$$$$
Done that too -- and invested the money. Yes, it was worth it. Also, you can put in 80-100 hour weeks only when you're in your twenties or thirties. I think once you have a family, wife/husband and kids, it is too difficult and too much of a toll on your health.
But, it was worth it -- I can now afford a better quality of life for my family.
Many are still in college at 23-24, so it can be hard to really launch until 25.
I didn’t get my post-college job until 24, thank goodness before the economy tanked a few years ago.
Now, if you are not launching and 27-28 out of school, that’s a problem.
Frankly, I wish I had stayed home for six months to save up some money once I started that job. It’s hard to save money when the car breaks, wife gets sent to the ER etc.