We all know that money is that last taboo topic, causing more embarrassment, secrecy and shame than even conversations about sex.
So, if you’re making plans to live with a roommate, it’s a good idea to acknowledge that fact up front and make a commitment to tackle the subject openly.
Recently, I had the pleasure of sitting on a panel of judges for the fourth Design Challenge sponsored by the Stanford Center on Longevity. I reviewed several innovative ideas that encourage active and independent living as we age.
Who doesn’t remember the “bigger is better” philosophy of the 70s and 80s? These days it seems America’s gotten wise, or at least more conservative when it comes to financial and resource waste – hence our shrinking cars and soda pop cans.
It’s easy to concentrate on the upside when you make the big decision to share housing and start looking for a roommate. And it’s perhaps even easier to fantasize about all the benefits of living with a roommate and gloss over the possible pitfalls.
Our attitudes toward the important things in life – relationships, money, and careers – are shaped by the experiences we have in our youth. The Millennial generation – our kids, in other words – are demonstrating this in their attitudes toward saving, investing and real estate.
Check out this interesting article in The Motley Fool on the financial habits of Boomers versus those of their children. It gives us a whole new take on the term “sandwich generation.”
One of the most important steps in finding a roommate is deciding that you’re ready to do so. This step, however, often gets trampled over in the decision-making process. So, I advise women who are contemplating the roommate option to take careful steps and consider the following five tips.
Minimalism is a cool trend. I truly believe that minimalist living is something that Boomer women, especially, should look into. After years of home making, traveling, careers, and maybe children and grandchildren, chances are we’ve accumulated a lot of things.
In retirement, as in almost all things, we’re doing things differently than generations previous. Always-sunny, closed-in, air-conditioned, cookie-cutter communities in Florida are no longer the default destination. Like seriously, NO. But what is the plan?