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The recession, loss of jobs and homes, high cost of living and growing debt are forcing adults to turn back to their parents for financial help. These boomerang kids, as sociologists and psychologists call them, are the latest change in the ever-shifting landscape of the American family.

President Obama met with executives from 13 of the nation's largest credit card issuers at the White House yesterday and pressed them to curb excessive fees and provide consumers with more straightforward contracts.

In its first two months, the government's signature initiative to support consumer lending has fallen well short of expectations, deploying only a fraction of the amount officials had hoped to extend to stimulate auto loans, student loans and credit card lending.

PERSONAL FINANCE VOICES >
Michelle Singletary

Michelle Singletary provides money advice and answers to your tough questions.

Nancy Trejos

Nancy Trejos and Ylan Mui blog provide frugal tips for surviving the recession.

Elizabeth Razzi

Elizabeth Razzi blogs about selling, buying, improving and insuring your home.

Jane Bryant Quinn

Money strategies from Bloomberg's personal finance columnist.

Personal Finance Headlines
Recession Coping Strategies (Michelle Singletary, May 7, 2009 9:26 a.m.)
Easy Credit: Our Nation's Downfall (By Michelle Singletary, May 7, 2009)
How Madoff Became an Equal Opportunity Thief (By Michelle Singletary, May 3, 2009)
5 Steps to Getting Started on Next Year's Taxes (By Kimberly Lankford, May 3, 2009)
With Eveillard's Exit, a New Era for First Eagle (By Andrew Tanzer, May 3, 2009)
A Cash Lesson From the Meltdown (By Jeffrey R. Kosnett, May 3, 2009)
Stocks in Review (May 3, 2009)
Can Your Savings Hurt the Economy? (Michelle Singletary, April 30, 2009 12:31 p.m.)
Damage Control for Your Credit Score (By Michelle Singletary, April 30, 2009)
Obama Outlines Credit Card Reforms (By Nancy Trejos, April 30, 2009)
Senators Decry Flipping Of Life Insurance Policies (By David S. Hilzenrath, April 30, 2009)
Recession Has Changed Lifestyles, Poll Shows (By Nancy Trejos and Jon Cohen, April 29, 2009)
Investors Find Morbid Niche In Surrendered Life Insurance (By David S. Hilzenrath, April 29, 2009)
Taking a Swing At the Bullies Behind the Plastic (By Michelle Singletary, April 26, 2009)
Jane Bryant Quinn (By Jane Bryant Quinn, April 26, 2009)
Market News, Delivered by Twitter (By Elizabeth Ody, April 26, 2009)
Lesson From the Meltdown: Secret Deals Can Be Scams (By Jeffrey R. Kosnett, April 26, 2009)
When Firms Are Hurting, the Pain Should Be Shared (By Knight Kiplinger, April 26, 2009)
For Debt Help, Do Your Research (By Laura Cohn, April 26, 2009)
Teaching Your Kids About Money (Michelle Singletary, April 23, 2009 7:18 a.m.)
Michelle Singletary's Color of Money (By Michelle Singletary, April 23, 2009)
Help for Small Businesses (By Anne Kates Smith, April 19, 2009)
The Wait for Tax Refunds Is Three to Six Weeks After Filing (By Kimberly Lankford, April 19, 2009)
» More
Main photo by By Kevin Clark -- The Washington Post
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