Sometimes our kids and grandchildren are called a part of a "boomerang generation," since the economy is so bad and even college graduates cannot find work of any kind. What do you do when they ask to come back home to live because they have run out of money or are recently unemployed? Statistics show that as many as 80% of 2009 grads, usually jobless, are back at home.

This can be such a challenge if your child is a slob, or you treat him like a child or complain that he's not looking for a job. You can nag, nag, and nag! Then you have to stock up the refrigerator and pantry because he eats all of your food.

Well, the trick is finding a balance between this new relationship and guiding your child toward independence. Parents can't hover over their children, making them feel as though they are incapable of living on their own advises Elina Furman, author of Boomerang Nation.

Elina has some super suggestions which include:

Establish Rules: Sit down together and set concrete rules, like when your child can use your car and what an acceptable curfew is. You have to be specific in order to avoid more conflict that could erupt later.

Charge Your Boomeranger Rent: Whether it's $50 and chores or $300 a month, your child should contribute to the household. But don't use that money for a vacation, as this may be a great opportunity to teach your child how you save for retirement or your life goals. Invest your kid's rent so he can use it for his first apartment.

Make Him Work a "Survival Job": Too many young adults think that if they can't find a job in their chosen career, they don't have to be working. Not true! While he is looking for that dream job, he could be earning at least minimum wage in fields such as retail, food service, or childcare. It's important to be working and staying active in a job so you do not become complacent.

Resist Giving Your Child Financial Aid: Help him on his career path instead. You shouldn't have to monitor his job hunt, but if he isn't getting anywhere, it's time to step in. Talk about career moves he may be missing. Consider meeting with a career counselor to help get your child on the right course.

Set a Time Limit: Set a "cut-off" time because it's easy to keep pushing off moving out. A specific date will motivate your child to find a job. A friend of mine knew he had to find a job because his unemployment check was running out in a month-- now that's a specific deadline! And you'll feel a sense of relief knowing that your child won't live at home forever.

Related Posts:

Debt Resource for Young Consumers

Surprisingly Lucrative College Majors

Schools Out - When and How to Hire New Grads

Linda Reese

Linda is a contributing writer for the Retired & Loving it blogLinda is retired, married, and enjoying her retirement in a retirement community in Florida. She shares her experiences with others who are facing retirement or already there with posts on living on a fixed income, budgeting, and healthcare issues. Compensated CareOne Blogger.

To follow us click here