How much should I charge my dd for housekeeping etc?

Poppy9

Idiophreak wrote: »

You're being quite obtuse and deliberately argumentative.

Not at all just responding to your post.

Idiophreak wrote:

My post, that you partially quoted, clearly stated that I would only discuss equity in the property if paying *equal* amounts to my parents, including equal mortgage payments...so someone *was* talking about children paying a share of the mortgage - I was.

Everyone partially quotes, as you yourself did. I thought you were talking about parents demanding a child pay a share of the mortgage i.e.
[QUOTE=_Idiophreak I quite agree...If you, as a parent, expect your children to pay an equal share of the mortgage while you're collecting the equity, you've got problems[/QUOTE]

Idiophreak wrote:

I've stated before that I paid my parents £50 per week and that this is a fair amount. That is vastly different, however, to a child giving up 1/3 of their income, or 1/3 of the household bills - either of which would be orders of magnitude greater than your £50 per week.

. But is £50 fair if child earning £20k pa compared to parent earning £10k pa or if a parent is not working?

Idiophreak wrote:

Anyway, you've obviously got me branded as an ungrateful little brat in your head, which is fine, bet you feel better about yourself now. Woo.

That sounds such a childish response to a post.

tara747 wrote:

That actually brought a tear to my eye! She sounds lovely.

She has her moments:D

Jewell_2

I used to give my mum £250 a month when I lived at home.

Idiophreak

Poppy9 wrote: »

I thought you were talking about parents demanding a child pay a share of the mortgage i.e.

I was talking about parents expecting children to pay an equal share, which I don't think is far. What do you think?

Poppy9 wrote: »

But is £50 fair if child earning £20k pa compared to parent earning £10k pa or if a parent is not working?

I don't believe it makes any difference. If you take the view I take, which is that a child should pay the parent their keep, the earnings of both the child and the parents is irrelevant.

Poppy9

Idiophreak wrote: »

I was talking about parents expecting children to pay an equal share, which I don't think is far. What do you think?




I don't believe it makes any difference. If you take the view I take, which is that a child should pay the parent their keep, the earnings of both the child and the parents is irrelevant.

I think both of these are linked. The parents and the child's financial situation are related. If money is tight it needs to be looked at in what is coming in, what is essential expenditure i.e work related expenses and home running costs.

In an ideal world the parents would be the highest earners, especially as children are starting out on their careers but this isn't always the case. Parents being older having their families, high house prices, ill health etc.can have an impact on their financial situation in later life.

If a parent is on benefits then their income will be affected by their child's age and what the Govt. assumes an adult will contribute to the family pot. It maybe that a parent on benefits cannot afford to have their adult child/children live at home if they lose significant benefits and the child cannot/will make up the shortfall. Dreadful situation to be in.

As much as parents have to be sensitive to their child's needs an adult child should be sensitive to their parents needs too as all the parties are now adults.

jellyhead

Poppy your daughter sounds lovely

My boy is 13, we're probably quite mean giving him £12 a month pocket money, and £10 off his gran. He doesn't spend money though, never asks for any.

Poppy9

jellyhead wrote: »

Poppy your daughter sounds lovely

My boy is 13, we're probably quite mean giving him £12 a month pocket money, and £10 off his gran. He doesn't spend money though, never asks for any.

Thanks. I wasn't thinking that 20 minutes ago when she came back down after going to bed for a chat about our relationship (we've argued this week over her not getting out of bed till 1-2pm). It was just an excuse to not go to bed as she said she doesn't want me going in her bedroom when she isn't there to get dirty coffee cups and she wants us to nag her to swot for her exams and to do flute and guitar practice. We ended up laughing as I knew she was just stalling bedtime:D

DD pocket money rises on her birthday. She doesn't get pocket money off her Gran but she did give her £20 for her recent trip to Euro Disney.

DD is expected to budget on her £35 per month which is fine during term time as she doesn't go out somewhere every weekend that requires money and if she builds up money she buys make up and clothes. We do give her extra in school holidays if she goes out a few times that requires entrance money etc. She did make me laugh on Sunday. After a day at a local show and the beach her and her friends went for a pub lunch as they could have 2 roast dinners for £10. How blooming grown up is that!!:D

vaio

Madmonk wrote: »

………How much should I charge my dd for housekeeping etc ………

The traditional answer is start at £50 a week and increase it by £10 every 3 months until they take the hint and move out

JoolzS

I think that one third of their net income is a fair rate. When they eventually get out into the world they will realise that one third was such a teeny tiny amount to pay.

My my always asked for one third and I happily paid it.

Julie

Susan_Frost

One third of their net income is a lot, if child is earning quite a bit.

My son studied for a profession where he could get a job and be on a good salary from the start. But I would not have expected one third of that. He was expected to put the same as myself and his father into the housekeeping, and that was it.

He stayed at home for about 4 years after uni, and each time he got a pay rise he put more in, despite our protests. He said it was to show his appreciation for our caring and supporting him so much ("appreciation" - not "paying back", "supporting" as in encouragement - not "financial"). Would have been nice if he had shown it by cleaning his room instead, but that's another story !!!

Although I expected him to roughly cover supermarket type stuff, I would not expect any more.

He was also saving up for his own house, etc. etc. Getting on his feet for his future, and why not.

At the end of the day, parents chose to have children, they dont chose to be born, and I would not expect anything "back" for what has been spent bringing him up.

But bringing them up includes them being able to stand of their own two feet.

Around all that, different households do have different financial situations. My friend gave a great deal of her wages to her mum before getting married. But she was the eldest of six and her mum was on her own and worked very hard herself in a low paid job. This was many moons ago, when benefits were much tighter than they are today.

Sense should prevail.

tara747

I knew people who lived at home after graduation and paid keep, no idea how much though. My brother lives at home and pays keep and I know he is pretty generous, if he didn't pay anything I would be pretty disappointed in him. He also does lots of little DIY jobs around the house and garden. My mum will miss him when he leaves! Although she does his washing etc so he will miss her too.

I live with my OH and our rent + bills etc only amounts to about 1/6 of our wages so we are very lucky.