My parents finances?

i live with my parents and help them financially. they came from another country and just recently bought their first house. now, they dont make enough money to pay for mortgage, insurance, and other everyday spendings. i pay for a huge chunk of the above and getting frustrated by the minute. i have tons of student loans, a car payment, cell, etc. but no other credit debt. between buying food, paying mortgage, house insurance and my own student loans i have very little to show for in the bank. i cant move out because my parents cant afford to live in the house they bought. i asked them to sell it but they wont. emotionally they are too attached to it.
i know i am ranting and they are my parents, i love them, respect them but feel terribly frustrated because i cannot leave the "nest". Please dont tell me money cant buy happiness, because that is what rich people say. i am just looking for an advice.

You need to make a list of all the expenses and what you are paying. Tell them that in a certain period of time - say six months - you will be moving and they will be responsible for their own payments at that time. It may mean you have to take another job for your move-out expenses.

No one is "entitled" to home ownership. It is time for them to start acting like adults and make their own livings just as it time for you to do the same. Good luck!

Hello,

What a wonderful daughter you are for worrying about them. They are very lucky to have you.

And...from being both a child and a parent...please let me assure you that taking care of your parents finances, unless they are not mentally able to do take care of themselves, should not be your problem. If none of the bills associated with the house or utilities are in your name, then by all means, move out. They will figure it out on their own. I will ask one question to maybe put a thought into your head on this...how did they make their way through life, when you were a child?

Good luck.

They cant be to attached to a house they recently bought. Its time for them to act like an adult and time for them to sell the house and buy a house they can afford. You are not responsible for your parents mistake of buying a house. They bought the house without you so they should have looked into all the details of what home ownership really is.