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The Wall Street Journal
When the Pandemic Forced Young Adults to Move Back Home, They Got a Financial Education
Countless young adults have moved back home during the Covid-19 pandemic. At first it was mostly a good way to navigate the lockdowns, spend time with family and save money. “We have a tendency to think more about the future when we’re faced with a stressor,” says a financial psychologist and professor at Creighton University, in Omaha, Neb. The growing openness of young adults to talking finances with their parents and peers, he says, reflects a kind of tribal response in people to the stress of the pandemic.
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