Foster your kid's independence. Otherwise your adult child will cost you over $5,000 a year. Have an exit plan by the time your adult child reaches age 25. Living in the basement and 'hanging on in school' should not be a option. Get that innovative spirit from within your child 'alive' or it may never be nurtured. Finding a job is a crucial element in the building up of character and self-reliance. This approach will also allow your lifestyle develop a better quality of life for yourself without unnecessary worrying whether your 'lovely childe' is going to make it or not.