House-keeping from Daugher - how much, if any?

JimmyTheWig

Person_one wrote: »

Learning to save is a valuable lesson, you don't learn if your parents do it for you!

I agree. But so is paying rent on time each month.
I don't see why this couldn't be done on top of them putting away savings for themselves.

Oldernotwiser

OP, did you mean £20 per week when you said you'd charge her £20 per month?

loumac

At 18 when I got my first job my parents asked me to pay £200 a month. When I started to save to move out they reduced it to £150 but I was always happy to pay. I have 4 younger brothers and sisters and as they got older they all started to pay too.

Now we're older we've all had financial support in different ways, my parents helped with my wedding, with my sisters new baby and my brothers new house.

I never compared what I paid compared to them or what they've spent on us since.

Hope that helps.

loumac

In addition, we've all had to pay for our own cars and insurance as that has come up.

Also, when still living at home I got myself overdrawn and when I went through my budget with my dad and showed him he advised me to get a second part time job, which I did until the overdraft was cleared and I'd saved some money.

I think it taught me a fair bit.

Spirit_2

My DD is back at Uni studying for a masters. For the brief period she worked fulltime we asked her to contribute £200 per month housekeeping, as a student we do not aske her to contribute anything.

We do not need the money at all, we are willingly very generous to her however she in turn is as generous as she can afford to be and knows that no one can live for free.

The money she gave as housekeeping we put into a seperate account and gave then it back to her so that she could meet a large unexpected expense.

Emmarillo

Spirit wrote: »

My DD is back at Uni studying for a masters. For the brief period she worked fulltime we asked her to contribute £200 per month housekeeping, as a student we do not aske her to contribute anything.

We do not need the money at all, we are willingly very generous to her however she in turn is as generous as she can afford to be and knows that no one can live for free.

The money she gave as housekeeping we put into a seperate account and gave then it back to her so that she could meet a large unexpected expense.

My parents did something similar. They took housekeeping from my brothers and I every week as soon as we were in full time employment. I had no idea at the time but a few years ago (and about ten years after I left home) when we were moving into our second home, my mum and dad presented me with a savings book, in my name,containing over £5,000. It was the most amazing surprise ever and paid for new furniture, curtains etc.

It turns out the plan was to do this for all their children, but I was the only one who hadn't 'borrowed' the money back every month!

TamVilla80

I paid my parents around a quarter of my monthly wage, which I think fair and my parents were happy with that - paying for food and board, it was still cheaper than trying to finance a place of my own! I split my wages quarterly so parents / bills / savings / spendings. I wanted a car so paid for it and all the associated bills, it was my car so why should my parents pay for it? As my wages went up then my keep went up. I would love to be back home, having to pay our mortgage and bills now, I realise it was a bargain, lol.
I see your problem with regards to DD2 being at uni though. Was DD1 helped through uni?

elsien

I was paying £40 a week twenty odd years ago on a part time (20 hours) low paid job, and I considered I was getting a good deal.....

Badger_Lady

Since we're telling anecdotes: I and my sister were clearly told "if you want to go to Uni, we'll help and support you through it and give you everything you need to manage". Well, that put us right off! We were out of the door at 16... I funded myself through A levels and Uni through part-time work while my sister did work-related studies. Neither of us could bear the thought of being someone's 'child' beyond that age.

Gigglepig

Personally I'd make sure the sums spent on each daughter before say they turn 30 add up to roughly the same - whether it goes towards uni, a deposit on a flat or paying for a wedding. Why would you subsidise one daughter and not the other?

What about charging for example 20% house keeping, put it aside and hand it back when she decides to buy a house, along with anything extra needed to make the sum similar to what you spent on the other daughter?