UK Wedding News
06/11/2014
According to E.ON, who commissioned the research, adult children moving back home with their parents can actually be beneficial for all those involved.
For example, 41% of parents admitted that living with their children again has worked out better than they expected, with 34% of children saying the same; while less than one in 10 said the experience had been worse than they'd anticipated, with 7% of parents and 10% of children, respectively.
Looking at the reasons as to why adult children return to stay at the family home range from financial difficulties of renting or buying their own home (41%), the breakdown of a relationship, including divorce (41%), to returning from university (22%). An honest 23% said it was because they wanted to save money.
There are concerns from parents though, as 65% said they were concerned about the impact having their children at home again would have on their privacy and space, while 35% were worried about increased food costs. For 26%, they said spending more on energy bills was a concern. However, 75% of adult children said they contributed to the family household outgoings, while 12% of parents roped their kids into helping with the household chores, while 9% used them as a taxi service. It isn't all bad, as 43% of parents said they like having their offspring back home because they know they are eating properly, while 32% said it means they know their children are safe.
Currently in the UK, around 300,000 households are multi-generation households, an increase of 20% since before the recession.
Commenting on the findings, David Bird, Residential and Customer Operations Director at E.ON, explained: "There are a number of factors that have caused the Boomerang Generation trend – a major one being the rising cost of living. If there are suddenly more people under your roof, it's important to look at household utilities, including your energy bill, to see where you can make savings."
Gordon Morris, Managing Director at Age UK Enterprises, added: "It's encouraging to see that both older parents and adult children are finding the effects of living together positive. It's important to be open and discuss factors such as bills and domestic chores when living under one roof; keeping an open dialogue helps to ensure everyone is happy with the living situation."
(JP/IT)
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'Boomerang Generation' Is Beneficial – Study
The 'Boomerang Generation' trend is proving beneficial for parents and their children, a new study has claimed.According to E.ON, who commissioned the research, adult children moving back home with their parents can actually be beneficial for all those involved.
For example, 41% of parents admitted that living with their children again has worked out better than they expected, with 34% of children saying the same; while less than one in 10 said the experience had been worse than they'd anticipated, with 7% of parents and 10% of children, respectively.
Looking at the reasons as to why adult children return to stay at the family home range from financial difficulties of renting or buying their own home (41%), the breakdown of a relationship, including divorce (41%), to returning from university (22%). An honest 23% said it was because they wanted to save money.
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There are concerns from parents though, as 65% said they were concerned about the impact having their children at home again would have on their privacy and space, while 35% were worried about increased food costs. For 26%, they said spending more on energy bills was a concern. However, 75% of adult children said they contributed to the family household outgoings, while 12% of parents roped their kids into helping with the household chores, while 9% used them as a taxi service. It isn't all bad, as 43% of parents said they like having their offspring back home because they know they are eating properly, while 32% said it means they know their children are safe.
Currently in the UK, around 300,000 households are multi-generation households, an increase of 20% since before the recession.
Commenting on the findings, David Bird, Residential and Customer Operations Director at E.ON, explained: "There are a number of factors that have caused the Boomerang Generation trend – a major one being the rising cost of living. If there are suddenly more people under your roof, it's important to look at household utilities, including your energy bill, to see where you can make savings."
Gordon Morris, Managing Director at Age UK Enterprises, added: "It's encouraging to see that both older parents and adult children are finding the effects of living together positive. It's important to be open and discuss factors such as bills and domestic chores when living under one roof; keeping an open dialogue helps to ensure everyone is happy with the living situation."
(JP/IT)
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