The Boomerang Generation

Posted on Tuesday, February 10th, 2009 at 10:43am

The Boomerang Generation: The Brits that are moving back in with their parents to try and regain control of their finances. Abbey have found an increasing number of 18-24 year olds are moving back to their mum and dad - about 1 million in the age group have either put moving out plans on hold or have returned to their parents in the last year.

It was also found that a third of the so-called Boomerangers were from the North, while 22% were from the south east.

It is a good way to save money and ort out your finances - if you can deal with more people living around you!