That was two years ago.
She has become a drain and a strain because she is not helping me in any way.
Im on a fixed income.
Once you finally get your finances in order, you want to keep them that way. Here areseveral moves to make now.
I love her, but I have grown not to like her.
Any advice would be appreciated.
-L.
Dear L.,
Most of us dont make big changes when life is going great.
So make life uncomfortable for your daughter.
Set a hard deadline for when your daughter needs to be out.
Shell need enough money for first months rent and a security deposit, plus utilities and basic furnishings.
But it shouldnt be too far out in the future.
If your daughter is working, three months notice seems reasonable.
If shes not working, youll need to set the deadline a bit further out.
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Require her to set up automatic transfers so that part of her paycheck automatically goes to you.
Save the transfers in a separate bank account so that its there for her when the move-out deadline arrives.
After you give your daughter her deadline, tell her youll be checking in for weekly status updates.
Ask her about what steps shes taken to find a new place, obtain employment, etc.
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Im not sure what your daughter means when she says she wants to get her finances together.
But if she needs guidance, a good place to start is by checking her credit reports atAnnualCreditReport.com.
If she has debt, she should set up automatic transfers for at least the minimum amount.
Savings is also a crucial component of getting your financial life in order.
Youre going to help her out there by requiring rent payments.
As long as your daughter is living with you, dont cook for her or clean up after her.
you might also set house rules, like no friends over after a certain hour.
The goal is to make growing up more appealing than living with you forever.
If your daughter outright refuses to leave, you may have to escalate things.
You could talk to an attorney about how you’re able to legally evict her.
Again, Id recommend this only if youre out of options.
Paying your daughter to leave your house wont help her build strong finances in the long term.
If your daughter were 22, Id advocate for a gentler approach.
But your daughter is 32.
Shes had a free ride for two years.
Perhaps being treated like a child will motivate her to start acting like an adult.
Robin Hartill is a certified financial planner and a senior writer at The Penny Hoarder.
Send your tricky money questions to[email protected].
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