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Young adults living at home is a story of economics.Halfpoint/Getty Images/iStockphoto

Get over your stereotypes of millennials living at home as basement-dwelling video game addicts. Here's a profile of five 20-somethings who are living at home, each pictured in their bedroom. What I like about this article is the way it captures how normal these kids are.

Trevor, 23, is volunteering at a startup and has been told by his parents to stay at home as long as he can because of the money he'll save. Shanella, 21, explains that young adults don't typically move out in her culture unless they're taking a job far away or getting married. It's all very matter of fact and free of judgement.

Of course, some do see a downside to adult children loving at home. For example, there's a theory that this trend will create a generation lacking the independence to solve its own problems. On the other hand, millennials may be developing stronger emotional bonds with their parents than previous generations.

Ultimately, young adults living at home is a story of economics. As a reminder of what they're up against, read this.

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My reply: You'll want to keep that money safe from stock and bond market ups and downs, so a bank account makes the most sense. Maximize the interest you get by choosing an online bank, trust company or credit union offering the highest rates. Ensure your money is protected by deposit insurance, and note that Canada Deposit Insurance Corp. extends coverage to deposits of up to $100,000. You may want to use two banks for your $200,000.

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