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How much should I charge for my son & daughter @ home (age 23, 20)
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Not if he's still only charging them £40 a week!0
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£30 is to low. I'm 17, have a part time job and pay £40 a week now, and i'm earning nowhere near 15k, or 12k.0
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This is an old thread - why has it been resurrected when there are loads of similar ones that are newer?Member of the first Mortgage Free in 3 challenge, no.19
Balance 19th April '07 = minus £27,640
Balance 1st November '09 = mortgage paid off with £1903 left over. Title deeds are now ours.0 -
I don't know what it is in this country with parents that feel they have to charge rent to their own children.
You managed to support them for all these years, surely it would make better parenting skills, to say that you are entering the workplace now and I will leave it up to you if, how you pay towards your upkeep.
My husbands family are all carribean and they would not dream of automatically thinking of a proportionate figure of a persons salary towards their keep. The kids all offer some money here and there but will say things like give me the phone bill or the gas bill when it comes in and I will pay it.
My eldest daughter is now approaching 19 and finishing her last year at college in July. She has held down 2 jobs whilst at college and whilst not earning great money, my husband and I have bought her the car for her 18th, but it is her responsibility for her to cover her tax, petrol. When she is in full time employment, I would not dream of asking her for a set figure.0 -
I don't know what it is in this country with parents that feel they have to charge rent to their own children.
You managed to support them for all these years, surely it would make better parenting skills, to say that you are entering the workplace now and I will leave it up to you if, how you pay towards your upkeep.
My husbands family are all carribean and they would not dream of automatically thinking of a proportionate figure of a persons salary towards their keep. The kids all offer some money here and there but will say things like give me the phone bill or the gas bill when it comes in and I will pay it.
My eldest daughter is now approaching 19 and finishing her last year at college in July. She has held down 2 jobs whilst at college and whilst not earning great money, my husband and I have bought her the car for her 18th, but it is her responsibility for her to cover her tax, petrol. When she is in full time employment, I would not dream of asking her for a set figure.
I dont think that parent should charge children rent or 'keep'. However, over 18 they are actaully adults. I think its woderful your children say 'give me the phone bll - I'll pay it' How wonderful. I know hell would freeze over before my daughter parted with a single penny unless put under extreme pressure! (regardless of my circumstances!). Not all offspring are loving caring generous souls..so lucky you that yours are.0 -
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My 18 year old has started work and earns more than I do .
Since I don't actually need any financial help at the moment all we did was work out the cost of rent for a room in a shared house and food etc and he direct debits that into a savings account towards a deposit on a house. He saves a lot more than the amount we decided, he is desperate to get his own place but neither he or I want him to 'waste' money on rent so this is the way he can soon save up for a house , especially if house prices drop as predicted.
I've taught my children to be very financially careful and it seems to be paying off.
This might be an old thread but it's relevant.
Would like to know what has happened to OP's children....
OystercatcherDecluttering, 20 mins / day Jan 2024 2/20 -
My younger son is 20 and at uni in London.....his new flat-share will cost him £123 a WEEK in rent. His brother in Leeds will be paying £60 a week. On top of this they will both have to pay bills & food........
This kinda puts £40 each a week for all bills / food / laundry / sky / cleaner for 2 adult with a take home of £190 / £230 a week into some sort of perspective, doesn't it! And the 2 employed adults didn't have to pay student loans either.0 -
my 20yr old son thinks its a rip off to be only paying £100 per month even though his take home is often more than mine, for this he gets the lot covered except his sky which he has only started paying recently and when i suggested he pay for it he looked at me as if id gone mad. His girlfriend stays atleast 3 nights a week for whom he takes over the kitchen and cooks for BLESS. in the past 12months he,s bought an enormous tv,a lap top and had 2 holidays. although its going to shock the hell out of him ive decided to up the rent to £285 per month this will also include paying £35 toward the council tax. He is clueless about money and badly needs dragging into the real world.0
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