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Psychologist Dr. Karen Stewart on the economy’s impact on the family dynamic.
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-- also getting sandwiched and it speeding up their cash and one and seven are now financially supporting both their kids and their parents they're called a sandwich generation and it's.
It's generating a lot of -- -- in a tough economy.
Psychologist Karen Stewart here to sort it out to doctor.
This is just so is this something no I mean it sounds like it's pretty bad when you start reading through some of the numbers of this that it's it's gotta be.
Of one of the best economic indicators when you see all these adult children -- living with mom and a.
Absolutely actually one out of every seven -- the sudden.
One out of every seven people forty to 59 years old is now being supported by one of their family numbers it's it's kind of a -- so.
What I think about the is that you know the sale orders you think about them is going to be dolls they're trying to help elderly parents are also trying to help her adult children.
We'll now move back home -- it's causing a real chaos for all these families.
I get -- I get the elderly parents sometimes mom and dad right.
Weren't financially well off or -- they did not handle their finances right or they.
Through this economy that we've had a pattern of bad play of their cards but -- -- -- I wanna focus on the on the kids because.
I'm thinking they you know when you I got out of college windows live is like let me get the world -- by -- John.
Don't want places here that's got to be a major setback that could last a long time MR right.
-- and fortunately very right because what happens is everybody leaves college bright eyed bushy -- I'm gonna go conquer the world.
And then you get the job market and you can't find a job and one month three months now a year goes by.
You're now hitting with your student not that so now you have student loans you have your rent you have your living expenses usually can't afford yourself.
You have to go back home to mom and dad which is the only place you can -- so your parents -- ready for you to come back home they can't afford it you can't afford yourself.
So now they can be out your -- so -- support families are really struggling and it causes a huge problem in between.
All the generations basically what happens is the younger generation what are the adult children.
They've now become depressed because they have to grass and go back home is really causing a huge problem.
Well listen I think we've all had this conversation with friends or relatives and not only do the kids not want to be there.
But you can't go right back home and it you know that they probably never heard this from their parents probably July the parents don't want them there either there's something about.
Loving your children and then letting them fly out of the nest but the right and -- party it doesn't work now now I -- know where you were last night who Wear you out with -- I know exactly -- don't and -- actions.
Right and don't asking those questions I'm at a dollar can do what I want but.
You know whenever I work with children have to go back home to -- and -- you've -- respect your parents.
You know unfortunately it's that given take it you want free rent you want free food you gotta let your hair is -- yet on who you're doing outlet.
Yup that's kind of dichotomy that these people are dealing with the full grown adults are supposed to be on the -- and now they're back -- her mommy and -- groups that aren't really big conflict complicated -- You're -- in psychology business so for that yes.
Forty -- some.
Clean person that's got.
Johnny or Susie still living with them or came back home care and they got the parents that are saying we're in trouble.
This -- distressed the financial stress it's gotta be a doozy.
-- absolutely because nobody's ready for all that and if you think about it.
In our society -- -- trying to get stable enough so we are able to help our elderly parents that's kind of the goal you want to do better than a generation about the -- So when they're ready and they're set up they're taking care of themselves then they have to deal with her elderly parents now -- and dying knock on the door and like surprise -- living here to.
They don't have enough they don't have enough money -- -- around 33 generations.
-- that tough look there's tough love not apply in this case because they've really don't.
They're not doing their -- purposes is simply the cards that are dealt with the local with the economy.
Well.
This is how I would describe that yes I believe in tough love and that.
But what -- really gonna do if your child legitimately has lost her job or they can't find a job.
You know let's be honest nobody wants to move back -- all these kids are coming home and some sort of crisis.
You know you probably do have to open your doors but how long is that door open that's the biggest problem I see with us.
Is because of Johnny and Susie walk in the door on January 1 does that mean -- welcome -- on March 1 or is it you know in January of 2004.
You get when you get when you figure -- out inertia -- this stuff yet.
You get exactly nobody wants to -- higher rents and circuit mom's making me down Lotta Lotta fun pace -- that I.
Right here in in happy but it via -- Doctor -- Stuart thanks so much good to see.
Thank you very much thank --
