Multigenerational living can be an enriching experience for each family member involved; or it can be a minefield of interpersonal conflict waiting to explode. If you are looking at establishing a multigenerational household, here are a few tips to help you get a smooth start.
1. Establish a financial plan – Studies have shown that the number one cause for divorce today is finances. If finances can destroy a marriage, imagine what they can do to relations not bound by vows. Before you establish a multigenerational household, be sure to clearly delineate who will be responsible for the various household expenses.
2. Communicate – Any conflict is greatly compounded when the parties involved don’t discuss it. Do whatever is necessary to keep clear lines of communication between the different generations. [Read more…]