tackle it here welcome back to coffee
time I have a special announcement to
make today I'm moving back in with my
parents that's right as a fully grown
adult man a mother here this apartment
it costs about four thousand dollars a
month and I'm getting rid of it because
it just doesn't make sense anymore for
me 2019 has been absolutely ridiculous I
started this year with a fully intact
family a wife a kid a good job over at
Facebook working as a staff software
engineer and somewhere halfway
everything just went to trash so fast my
marriage fell apart I was fired from my
job
and these are really the two components
that really keep you locked down and
anchor to somewhere if they justified
the reason for only in your own place an
apartment but now after four to five
years of living that married life
everything just vanished and so I really
don't have any good reason to be here
and by the way I would recommend you
guys also to be moving back in with your
parents because it's cool now or you
haven't heard it's trendy these days to
be living with your parents I'm making
it cool because there are so many
benefits to living with your parents
number one cooking doing laundry that
can usually be combined it doesn't cause
anybody any additional work really and
you can just benefit from that so you
don't have to do that it saves you a ton
of time in that regard a lot of things
can be shared like internet bills
utility water gas furniture smart
kitchen appliances washer dryer vacuum
cleaners tables chairs pots and pans
even food Amazon Prime subscription not
to mention pet right now my parents are
taking care of my dog who I absolutely
love but as a single person living here
I just don't have the bandwidth to be
taking care of a pet but if I were to go
live with my parents I can spend more
time with my dog and then the
maintenance burden of taking care of
this pet is just shared among many
people going out to restaurants like if
it's a family's type of restaurant I can
just sample more different types of food
it's just fun or more social I have my
support network
I can ask people to help do things for
me so it really makes a lot of sense I
would say for single people who don't
really have a strong reason to be living
on their own to just be living with
their parents sure you can go live with
some roommates but you know that really
just multiplies the cost like if you
have four roommates living together you
just have four people wasting money
and the biggest savings is not so much
about money it is about the time that
you are able to save my time is
extremely valuable and if there's other
people who can help take care of small
little miscellaneous tasks for me and
their return I also help do my share of
the housework and chores then everybody
is just able to benefit in a symbiotic
relationship
I believe that back in the day in China
or something people would just you would
have multi-generational families just
all living within one roof and I have a
feeling that as we approach the future
as we approach the digital age in which
people are able to work remotely we're
gonna get back to that because think
about it what causes you to live in your
apartment what made you move out beyond
just for dating reasons which in my
opinion cannot justify two to four
thousand dollars worth of monthly rent
it's just not worth it if you want to
date you can just get a hotel so really
the reason is number one your parents
are living in like the middle of Idaho
and then you want to go work in the city
so yeah that's a reason you need the job
but think about it as people start to
work online and remotely and I have a
feeling that one day in the future
everybody will just be working remotely
there's not going to be a need for
people to be living in expensive cities
like San Francisco New York London
actually people would just want to go
live and say Hawaii if you could work
remotely then sure why not and then the
second reason is there just may not be
enough space in the house you know maybe
you have a family and at that point then
yeah I would say you can be moving out
you can start your own little unit but
barring that having a family I just
can't seem to justify in my head why I
would be spending thousands of dollars a
month on that place just so that I can
feel the sense of Independence which is
something it's an outdated concept that
was invented after the second war about
the whole nuclear family unit but in
reality is probably set America back
decades just because of the amount of
time and money and resources that we've
been waiting on this stuff on the
independent life and the other thing is
you may think that living out here you
were able to gain your own freedom
quite the opposite you just shackled and
chained yourself to this apartment when
I moved back home then I will truly have
freedom I'll be able to just travel I
don't have to take care of this place
I'll have freed up a lot of my funds so
I can just go travel wherever I want to
go and I can use my parents home as kind
of like a base where I return to
occasionally just to stock up refuel on
supplies and then I can be out and going
about again and so it's quite the
opposite if you're truly looking for
freedom then you need to be getting rid
of your stuff getting rid of your
contract with your apartment your
utility bills internet bills all the
other stuff that you have to take care
of such that you can just go out and be
yourself in the world now I know there's
a social stigma attached with this and
all of your friends are going to be
laughing at you and if I were a weaker
man then I would not be able to do this
but I'm an influencer I'm in the
position where I'm able to define what
is cool what is not cool and I'm telling
you as a successful person in their
mid-thirties moving back in with your
parents is the best thing you can ever
do it's cool again it is the hustle
lifestyle if you want it the
entrepreneurial lifestyle you wanted it
you want it to be successful this is the
way to do it it frees up your time your
money your mobility it just opens up a
lot of opportunities if you think about
it what costs the most in your life it's
your rent by far your apartment rent is
just ridiculous over here in the Bay
Area I would say a standard rent is like
$2,500 a month it you know it may even
be 3,000 a month and if you take a look
at that over twelve months that's like
$36,000 a year after tax income so in
order to pay for something like that you
will need to be generating 50k annual
salary just to break even on this
apartment just to break even on that
you're just working to sustain a
lifestyle that you hate and you're not
really getting anywhere you're not
saving anything you're just slaving away
and being underpaid by the way now some
of you may be wondering well what
happens if your parents are out living
in the middle of Idaho and you can't
just move in with them in order to work
your job well my recommendation would
actually be perhaps your parents should
move into the city with you and get rid
of their place in Idaho so the idea is
your parents raise you you go to school
you go through college you graduate then
it's time to get a job you need to move
into a big city to find those
opportunities
everybody just liquidates the house and
the whole family moves in to say like
San Francisco
or something like that or a little bit
out of there so it's a little cheaper
and then everybody can be living there
and saving on costs and it's not really
so much the cost but there's also that
time aspect like you're just able to
free up a lot of time so you don't have
to do all of your own cooking cleaning
house chores other people can help take
care of that for you sharing some of
that burden I mean your parents probably
have nothing better to do not to mention
you get the support network and
everybody gets to save on living costs
now what about independence social
independence being able to go out and
date people well I think that's a luxury
if you're gonna be paying 3,000 a month
just for this capability like think
about it if you're to get a hotel once a
week at 200 bucks a night that's like a
hundred bucks and it gives you so much
more flexibility you can be going around
different places each time making your
dating life your social life much more
exciting as well so I like to imagine
myself as somebody living in the future
I don't like the idea of people fifty or
hundred years from now laughing at me
laughing at the way I had to live so
think about it if people fifty hundred
years from now they're working remotely
what type of lifestyle would they live
so here's how I imagine life in the
future
probably nobody would be living in big
cities like New York London San
Francisco they wouldn't do that anymore
simply because people don't want to be
there and lock down I mean a city gets
boring after say a month or two and then
people would just want to be traveling
around maybe they'll spend a few months
in each city a few months here and there
going around maybe sometime in Hawaii or
more likely people will live in mild
temperate comfortable climates like say
somewhere in California and then they'll
get all their family together and did
you set up a base there and then most of
the time people would just be traveling
going around three months here and there
maybe you spent three months in New York
three months in London three months in
Tokyo checkup Hawaii for a bit
and people would just be traveling
around because there's just absolutely
nothing locking anybody down anyone can
just be working remotely from anywhere
anyway all of the money that you would
have spent on say $3,000 on the
apartment rent you just put that into
traveling maybe a few hotel fees here
and there and then we live at home
occasionally just to save up some costs
and that's probably what life's gonna
look like in the future and any of your
friends who would say they're just gonna
go sign a whole
when your lease over in say New York
that would be as ridiculous as somebody
saying they won't sign the whole when
your lease over in Hawaii I mean nobody
accepts a mango farmers really does that
it's a chain it locks you down and no
matter how great that destination who
really wants to sign up for when you're
leasing something like that you just
lose all the diversity so most people
will just be floating around except when
you get a family you'd probably have to
lock down somewhere get some more space
kids need that stability and then people
just pick somewhere suburban maybe near
wherever their family happened to be and
so from this perspective it makes
complete sense for me to just get rid of
this apartment because why am I even
here why am I even paying $4,000 a month
for a job I'm not working here for a
family that's not even here it's just me
here in expensive Silicon Valley now
that said there are a lot of things I
would miss about this place there's a
great jacuzzi a gym I have my own
independent store some good nature paths
around here I like having my own space
to focus my desk over here this desk is
amazing I said it all up
I have fiber optic internet but none of
that is worth $4,000 a month
and I thought about well maybe I should
just move into somewhere smaller like a
place that cost 2,000 bucks a month and
I could get my own place set up but the
more I think about this like why would I
even just chained myself down to any of
this because my other savings and money
and time is just going to be so much
greater than any of these small little
niceties that I would have so live at
home with your parents until there's
really a strong reason for you to move
out it's cool it's great it's trendy to
be moving in with your parents I would
do it and hey you know what even if you
have a family maybe it's just they'll
move in with your parents so they'll do
for me let me know how your conversation
goes with your partner about moving with
your parents if you liked the video give
a like and subscribe I'll see you next
time thanks but