She didnt do anything wrong.

I myself lived with my parents into my 20s, but I feel like this did me no favors.

Ive come to believe in sink or swim and hard knock life philosophies.

A daughter looks annoyed as she has a conversation with her mother.

If you have more than $1,000 in your checking account,make these moves.

So hey dont argue about this decision.

My only question is when and how to deliver this news to my daughter.

Or maybe she will surprise me and fly the nest without being pushed.

Dear Penny

Should I continue to gently lead my daughter toward independence without letting on that it will be forced?

Or do I need to inform her now that she will be on her own come summer?

Again, my decision is firm in that regard, so like dont argue there.

Article image

You yourself only decided to send her to the School of Hard Knocks months ago.

I cantnotargue against a terribly thought-out plan.

Yes, this will add to her stress levels over the next five months.

Article image

It will add to yours, as well.

But your daughter will need time to save as much money as possible.

Shell need to find a place to live (as well as roommates) with zero credit.

She also may need to adjust her college plans.

Your Email AddressSend Your Question

DISCLAIMER: Questions will appear in The Penny Hoarders Dear Penny column.

We are unable to answer every letter.

We reserve the right to edit and publish your questions.

But dont worry your identity will remain anonymous.

Thank you for your question!

Your willingness to share your story might help others facing similar challenges.

While we cant publish every question we receive, we appreciate you sharing your question with us.

Ask Another Question

Be clear with her on your reasoning.

I cant really offer any advice beyond that, though, because I dont understand your reasoning.

Your daughter may think she can pay for college on her own.

But shes being a tad naive, which we can forgive her for since shes still a teenager.

The federal government expects parents to help pay for their childrens education if they have resources to do so.

you’ve got the option to refuse to contribute to your daughters education.

you’ve got the option to kick her out of the house.

you’re able to even avoid claiming her as a dependent for tax purposes.

7 Ways to Make Money if You Hate People

Do you avoid people too?

Enough small talk.Here are some waysto earn extra cash, without all of the social stuff.

I dont think you grasp how much things have changed since you were a young adult.

Higher education and housing costs have exploded.

In the meantime, its getting harder to make a living with a high school diploma alone.

You say living with your parents into your 20s did you no favors.

Im curious about that.

Do you wish youd learned responsibility earlier?

Communicating clear expectations is key.

You could tell her she can live with you only if shes enrolled in school and working part time.

Or that shell need to start paying rent this summer.

Effective teaching is about the why as much as the how.

Did you know?

Part of that means giving her room to fail.

Robin Hartill is a certified financial planner and a senior writer at The Penny Hoarder.

Send your tricky money questions to[email protected].

It sounds appealing right?

Check it out here!