7 years ago
With the shortage of jobs for new college graduates and the financial pinch felt by aging parents as their retirement incomes dwindle, we're seeing multi-generational households make a comeback among Boomers in the Sandwich Generation. Don't be too disappointed if you were looking forward to the empty nest. More family members sharing household responsibilities, financial expenses and emotional support means less stress for all--that is, as long as clear guidelines are set and upheld.
Here are six tips for sharing daily life with extended family:
Be frank and honest about your needs. You'll each be giving up some autonomy and control so you can expect to have situations where push comes to shove. Present your positions for the best and worst case scenarios. Then decide how you want to compromise so that everyone gets some of what they want. Put any absolute deal breakers out on the table so they can be discussed in detail.
Have you shared your home with extended family? Share your own tips in the discussion below!