The Prudential has dubbed those who refuse to leave home as
"kippers" or "kids in parents' pockets eroding retirement
savings". Recent research concludes 6.8m over-18s live with
their parents. Less than half pay rent, and many parents
provide cash to spend.
Does this scenario sound familiar?
'As a parent you've spent over 20 years diligently caring
for and raising your children. Financially supporting them
and ensuring they receive the best education possible.
They've attended University, graduated with a respectable
degree and are ready to set up their own home. You're now
looking forward to more free time with
less financial obligations. BUT, due to no fault of yours,
your well educated, talented, highly motivated offspring
cannot afford to leave home for possibly another 5, 10 or
even 15 years.'
This is a reality for many parents right now! A recent
survey for BBC2's Money Programme
(http://news.bbc.co.uk/1/hi/business/4075536.stm) found that
high property prices and debts often prevent offspring
leaving home well into their twenties and thirties. Further
research, by independent market analyst Datamonitor, found
that 67% of 18-24 year olds across Europe still relied on
their parents for housing in 2004. In fact, one in seven
parents with adult children have remortgaged or taken out a
loan in an attempt to help them.
Couple this with an ageing population, widespread concerns
about retirement pensions and the long gone days of a 'job
for life', it's undeniable that without taking positive
action many parents and their children face uncertain
However, these challenges create many new opportunities for
parents to help their children find a path to financial
security, personal growth and prosperity.
Tiscali Plc, a leading European Telecommunications company
is doing exactly that through Tiscali Network
(http://www.tiscali-corp.co.uk). Tiscali provide
aggressively priced ultra highquality telephone, broadband
and mobile phone services. Tiscali Network provides
thousands of people the opportunity
to market and sell these products with the very minimum of
investment. Through collecting a few customers and building
a network of people to do the same these students,
graduates, professionals, parents from all walks of life
generate substantial part-time, full-time incomes and
building solid residual income streams to support them in
the future. In many cases, Tiscali Network provides incomes
well in excess of those obtainable in traditional
employment and more importantly incomes available to
students or new graduates.
Tiscali stake a major part of their future with Tiscali
Network (http://www.tiscali-corp.co.uk) which generates over
12% of their UK revenue grown from zero in just two years.
Providing one of industries cheapest customer acquisition
costs only adds
to the longevity of this route to market. Coupled with a
recent doubling in Tiscalis' brand awareness and the fact
they pick up close to six in ten new UK broadband
connections; anyone involved in Tiscali Network
(http://www.tiscali-corp.co.uk) holds confidence in their
Emerging opportunities like this are driven by our changing
economic, social, demographic and technological environment.
Embracing these changes, educating ourselves and our
children and being prepared to explore new opportunities may
ultimately be the only way to secure their future.
Taking action and investigating opportunities such as
Tiscali Network (http://www.tiscali-corp.co.uk) was once a
task for the few. Now more than ever, it is becoming a
necessity and for
many parents, perhaps even a responsibility.
6.8m over-18s live with their parents. Take action to stop
your retirement fund eroding.
Click here =>http://www.tiscali-corp.co.uk
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(c) Henry Baker - All rights reserved - http://www.tiscali-corp.co.uk
Henry Baker is a young entrepreneur, sales and
marketing professional. Owner of several successful e-businesses Henry's writing comes direct from a passion for
marketing, technology and understanding of finance.