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May 5, 2020 by Helen Baker

Finance tips for when adult children move back in at home

Helen Baker appears on Today Extra TV show to share some tips on living with ‘Boomerang children’ and how parents should also keep an eye on protecting their own financial situation.

Topics discussed include:

  • Setting house rules and expectations, including paying bills and doing chores
  • Some people may need to move back home to avoid crippling financial situations
  • Utilise government payments and support, rather than solely relying on parents
  • Parents need to consider how they can protect their own financial future
  • When money is tight review all expenditures

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The advice on this site may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial advice prior to acting on this information. On Your Own Two Feet, HB Pink Financial ATF HBB Trust, ABN 91 845 886 193. Authorised Representative(s) Godfrey Pembroke Limited an Australian Financial Services Licensee, Registered office 103-153 Miller Street, North Sydney, NSW, 2060

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Filed Under: Coronavirus COVID-19, Family expenses, Video

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On Your Own Two Feet, HB Pink Financial ATF HBB Trust, ABN 91 845 886 193 Authorised Representative(s) Godfrey Pembroke Limited an Australian Financial Services Licensee, Registered office 103-153 Miller Street, North Sydney, NSW, 2060