After you said your goodbyes, dropped the kids off at college and shed a few tears, you had actually adapted quite well to the “empty nest” and all its benefits. You had high hopes that the investment in a good education and in a carefully chosen degree would send your “fledglings” soaring into the world of adult responsibilities with a new level of independence—but now they’re back.
Due to a lagging economy and stale job market, many young adults have found themselves with a good education, accompanied by large student loans, low to no job prospects and the need to count on their parents for help.
This is definitely a less than ideal scenario, but if that’s your reality, how can you help your grown children get through this difficult period without creating a financial drain on your household and without fostering a dependent attitude (i.e., “enabling” them)? Here are a few suggestions on how to make the best of the circumstances while still preserving relational and financial balance.