The Effect of Financial Self-Reliance and Non-Family Living on Independence from Parent among Young Adults Young adults in recent cohort have been leaving their parents early before they get married and they rush into economic activities participating part time jobs. Connected with these experiences, independence from parent seems not only their developmental task but also the way of living among young generations. Although it is important to view young adult`s independence from parent in the context of socioeconomic circumstances, which could help us understand parent-child relationship, relatively few studies has been done about this subject domestically. Thus the purpose of this study is to explain the relationship between young adult`s independence from their parents and their experience, such as non-family living and financial self-reliance. The data were collected from college and graduate students in metropolitan area of Seoul through the structured questionnaires. The result of this study are as follows, First, the overall level of the young adults emotional and functional independence were above median level. Functional independence score was a bit higher than emotional independence score. Second, in financial matters, most of the young adult were in whole dependent to their parents. And if the young adult has his(or her) own income, they provide about half of their living expenses in average. Third, more than a half of the students have experienced non-family living and even who is living with their parent in present had the experience of non-family living. Fourth, the emotional and functional independence varied in response to the level of young adult`s financial self-reliance. In detail, as the level of financial self-reliance increases, so does the level of both emotional and functional independence. Functional independence varied depending upon non-family living, present residence and period of non-family living. However in emotional independence, the difference was not found.