#GoodReads – Multigenerational Living
Via: BetterUp.com.
“…What is a multigenerational home?
When we talk about multigenerational living, we usually think of related children plus adults from two or more generations living together under one roof. The number of family members, the relationships between them, and the physical living spaces can vary widely, though.
If you’re a grandparent, that’s you, your child, both your partners (if present), and your grandchildren. Otherwise, if you’re a parent, it’s typically you, your partner (if present), your parent/s, and your children.
Sometimes, a multigenerational household will have both sets of in-laws. Or, it may include an uncle or aunt, or a great grandparent too — like with Gagandeep’s home!
How do multigenerational homes work?
In multigenerational homes, families often have separate living areas under the same roof. They also tend to split bills and housework and often pitch in for caregiving beyond their immediate family.
For example, the Ocasios live under one roof with their daughter and grandchildren but have separate living spaces. Ramon Ocasio lives upstairs with his wife. Their daughter Monica lives downstairs with her children. They have two kitchens and separate entrances.
Ramon has a better credit score so the house is in his name. He pays the mortgage while Monica takes care of the gas, electric, and cable bills. Each family feels greater financial wellness as a result of the arrangement.
The grandparents help with childcare, they pick the younger kids up from school. Monica feels more supported as a working parent. They also take them to doctor’s appointments sometimes when Monica is stuck at work.
Likewise, Monica and her children help Ramon and his wife. Monica frequently cooks for the whole family. The older kids drive their grandmom to doctor’s appointments and help their grandparents figure tech out…”
To read the full article, click here.