How much should I charge my dd for housekeeping etc?

Mojisola

I_am_mad wrote: »

The only thing I think is this is the only time i will have to enjoy spending my money on whatever i like as in a couple of years i will have my own house/children.

Don't you think that parents might like the opportunity to enjoy some of their own money instead of subsidising other working adults?

Pee

£50 is def on the low side.

If you need the money, keep it, but if you don't, you could save it on her behalf as a deposit for a rented or bought property when she moves out, or even for her wedding day. But of course don't tell her that you will be doing this.

If you don't charge her anything, she will never learn the value of money.

Idiophreak

Glen0000 wrote: »

Why did you have a lot of student debt if you were still living at home?

I moved back home following my masters' degree. By the time I'd bought a car (no option really if I wanted to get to work) I'd got myself bets part of 25k of debt, plus my student loan.

I paid this back at £800-900 per month and was debt-free in 3 years. Giving my parents 1/3 of my wage I would only have been able to repay £200-300. Sure, I'd have been at home over twice as long, but they'd have been able to afford some lovely holidays to get away from me...

tara747

OP, have you spoken to your daughter yet? I think £50 a week is more than fair and the tips saying 'show her what food, electricity etc cost' are very good imho. I wish you luck xo

Glen0000

Idiophreak wrote: »

I moved back home following my masters' degree. By the time I'd bought a car (no option really if I wanted to get to work) I'd got myself bets part of 25k of debt, plus my student loan.

I paid this back at £800-900 per month and was debt-free in 3 years. Giving my parents 1/3 of my wage I would only have been able to repay £200-300. Sure, I'd have been at home over twice as long, but they'd have been able to afford some lovely holidays to get away from me...

We would all be debt free if our parents let us live at home for next to nothing!

You sound very smug and do not appreciate the generosity of your parents. They did not need to provide a roof over your head and you are very, very lucky.

I hope to support my DD as a student, but if she has an attitude such as yours I will show her the door.

minerva_windsong

I'm living at home and not earning right now (I'm doing an internship rather than a paid full time job), but if I was still doing my bar job I'd be happy to pay £50 a week towards my upkeep, especially as my parents have subsidised me through university. I think that's perfectly reasonable.

Poppy9

OP hope you have sorted with your DD. I too agree that £50 per week is very fair.

I can't believe that any adult living with their parents begrudges paying their way and does not appreciate their parents position.

Once I left school I had to pay keep and continued to do so till I left home. I also took responsibilty for paying one of the utility bills (gas) and voluntarily gave my mother extra at Xmas.

swiss69

What is it with Kids nowadays? I left home at 18 and never went back. I bought a house when interest rates were 15% and the mortgage payment was 50% of income, I made do with clothes and went out when i could afford to.

Kids now want rent free digs, still want to go on holidays with parents when they are older than 18 and have it paid for!, have alowances whilst at uni without getting part time jobs etc....

Kick em out thats what i say!

Dinah93

Don't get me started on the allowances at uni thing. I worked 2 jobs through uni and had 3k of savings ready to take with me so that I could pay my way (plan failed at the MSc level and had to get a loan to pay the fees but good until then!). My brother meanwhile when asked if hes going to get a job while he's at uni (goes in sept) simply asked 'why?'

Idiophreak

Glen0000 wrote: »

You sound very smug and do not appreciate the generosity of your parents. They did not need to provide a roof over your head and you are very, very lucky.

I hope to support my DD as a student, but if she has an attitude such as yours I will show her the door.

What makes you say I sound smug...? Someone asked me to justify why I was in debt whilst living at home, that's all I was answering.

On the contrary, I'm extremely grateful to my parents for their help, love and support when I got back from uni. As I said before, I view my parents letting me live with them at cost as a really big favour. They could easily have asked for more money out of me (as some on this thread advocate) and enjoyed a better quality of life whilst I lived there. My living there didn't, however, cost them anything, as I paid my keep.

As a parent, you should want to help your children. My parents provided me with *real, practical* help to get me debt-free and out living my own life as soon as possible. This, to me, was of much greater value than any perceived "life lesson" my parents might have "taught" me by profiting from my staying there.

You say "we would all be debt free if our parents let us live at home for next to nothing!" but that's exactly my point. If I were a parent, I'd want my children to be debt free, so if I could help them to get there quicker, I'd certainly do it. My example above illustrates quite basically how my parents being greedy and demanding 1/3 of my wage would have impacted my debt repayments. Thankfully, however, my parents aren't that selfish.