Sebastian is 28, still lives with his mom and younger brother in a 2 bedroom apartment. Sebastian's mom wants to move in her aging mother to offer care for her but there is no space. Sebastian has a partner that also has been pushing to move out with him but boys will be boys. He has a job and is capable of moving out but have not saved quite enough. Sebastian's mom is worried he is not doing all he can to save enough per month and wants him to change his methods of saving. She says he should save more of his monthly paycheck instead of using it on other "personal" adventures. His mother offered a plan to start charging him rent, which is about half of his paycheck and "save" it for him, due to her mistrust in his financial skills. Sebastian instead of making a savings plan opens up a credit card for his "personal necessities" and uses his paycheck money to put in his savings account. Who is right? If you were Sebastian, what would you do? If you were his mother, what would you do?
