This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Flying From the Nest: Ask Noah

NEW YORK ( TheStreet) -- Q: I'm about to finish up my freshman year at New York University, while still living with my parents in my childhood home. They're very over protective and have insisted on me living with them. Clearly, I need to move into my own place now. How can I get them to understand that this change is for the best?

A: Let's begin with some fact-finding, so you can come to the discussion table well prepared.

1. Are they afraid you'll be in danger on your own?

2. Is this a money issue where they'll have to pay your rent?

3. Do they feel emotionally unready to let you go?

Enter the conversation having prepared very thoughtful and detailed responses to each of these potential reasons for their hesitation. Your approach should focus on alleviating your parents' anxiety about letting you go.

Try to paint a clear picture for them of what your daily life would look like. When a young adult leaves the nest, parents will often feel fearful and imagine the scariest realities with the worst possible outcomes. In order to ease your parent's fears, respect them by explaining yourself as the adult you are.

In having you in their home, they've always been somewhat aware of your daily activities. Take the time now to remind them that just because you're moving out of their house, does not mean you are moving out of their lives.

Bring to the conversation different plans to keep the family unit engaged. This could be planning weekly Sunday dinners or weekly phone calls at set times. Let your parents know that you're not going to suddenly be missing-in-action!

I'd also advise you to write a plan outlining where and whom you'll be living with. Ask them for their opinions on this plan, you might even find their wise advice to be helpful.

The more specific and realistic the plan, the more likely they are to believe you can execute it.

I agree that this is a very important and essential step towards adulthood. You don't want to become overly dependent on your parents and your desire to move out will force you to take ownership of your own choices.

No doubt you'll make mistakes, but they will be necessary ones. The family unit will adapt and come out stronger because of your courage.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.33 1.80%
FB $118.00 -0.48%
GOOG $695.90 -0.33%
TSLA $236.64 -2.10%
YHOO $36.12 -1.10%


Chart of I:DJI
DOW 17,764.74 -126.42 -0.71%
S&P 500 2,062.50 -18.93 -0.91%
NASDAQ 4,769.5430 -48.0510 -1.00%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs