Leaving The Nest When You Are Ready

As cliché as the topic sounds, it ironically is exactly what growing up means. As a minor one is looked after by parents and guardians and the only responsibility one has is to finish the daily homework. As an adult or even a teen, personal responsibilities increase, a segment of social responsibility is introduced and a sense of independence is evoked in the individual. With becoming independent, other problems such as sustenance and managing one’s finances, relationships, environment, education or career all pile up one over the other. The reason why there are a significant number of depressed patients among teenagers and young adults is due to the sheer pressure of managing these aspects of life and not being able to cope up with the world issues at once. The following are simple ways in which one may ease the transition and to manage your financial situation.

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Gradual Transition

Becoming independent is something we all need to do at some point. However, it does not have to be like being stranded on a desert island with nothing to survive on. Rather, it can be a slow gradual process for the children and parents. Going to college is the first step to becoming independent. However, while you live alone hundreds of miles away from your parents, it is still them who are paying your tuition bills. Taking on a small part-time job will not only be a way of earning money, it will also be an interesting experience which is the first step of taking responsibility for your actions and credit for your work without the supervision of your parents or adults. Instead of stooping to approach reliable money lenders in Singapore and other such shady methods of financial help, having a small job will help you with some money and will evoke confidence in your peers and even parents and let them know you are on the right path to becoming independent.

No Shame in Retracing Steps

If you have the luxury, there really is no shame of depending or banking on your parents to bail you out. Studies have shown that more and more teenagers now remain with parents rather than move out at an early age. Especially in Asian countries, children remain with parents, sometimes even until matrimony and later, parents move in with children when they are too old to maintain a house alone. Thus, there are three generations within the household which supports and maintains the family unit within the community. While this may not work in the western culture, asking your parents for help or a place to crash when things become overwhelming should not be something to be embarrassed of. They looked after you all these years, a little more is not a burden to them.

This entry was posted in Finance.