Free rent, but strings attached

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Community

January 15, 2019 - 9:37 AM

Dear Carolyn: I just graduated from college and my mom invited me to live with her rent-free so I could save up some money. I’m very lucky and have tried not to be a burden.

We really disagree on what I should be saving for. I want to max out my 401(k), correct some dental issues, and travel. This really upsets my mom. 

She wants me to save to buy a new car and is always mentioning the benefits of new car models she likes. If I had to guess, she probably thinks the timeline for me to save is urgent, since she wants to give my car to my brother when he graduates next May.

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