We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Son to pay board

13567

Comments

  • VfM4meplse wrote: »
    ...Children are a lifetime commitment, if you can't afford them, don't have them.

    Raise that issue separately, as have done and all the unemployed, unemployable and social misfits come out of the woodwork bleating that they have a right to have kids and seemingly a right to expect taxpayers to pay for their brood and provide them with housing !
  • I also expect kids to move out rather quickly. Of course, I expect university, probably after a gap year and I don't really expect them to come back afterwards. Even if they don't go to uni, after college, it is time to stand on your own two feet.

    Breeding a nation of stay at home layabouts waited on hand and foot by parents as they grow more and more obese in front of their plasma TVs and kiddie video games (why do adults not grow up these days ?) is not the way forward. A cold hard reality check, albeit with some financial assistance to get started, is the way to go.

    So charge them board but set an exit date and help them to move out into their own digs.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    I also expect kids to move out rather quickly. Of course, I expect university, probably after a gap year and I don't really expect them to come back afterwards. Even if they don't go to uni, after college, it is time to stand on your own two feet.

    Breeding a nation of stay at home layabouts waited on hand and foot by parents as they grow more and more obese in front of their plasma TVs and kiddie video games (why do adults not grow up these days ?) is not the way forward. A cold hard reality check, albeit with some financial assistance to get started, is the way to go.

    So charge them board but set an exit date and help them to move out into their own digs.

    I graduated 9 months ago and decided to come home. Are you now saying I don't know how to stand on my own 2 feet?

    The reason I am living at home is because it enables me to save around £900-£1k a month ready for a house deposit.

    To be honest, your assumption that they have to move out to stand on their own 2 feet is frankly pathetic.

    Every person is different.
  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    I also expect kids to move out rather quickly. Of course, I expect university, probably after a gap year and I don't really expect them to come back afterwards. Even if they don't go to uni, after college, it is time to stand on your own two feet.

    Breeding a nation of stay at home layabouts waited on hand and foot by parents as they grow more and more obese in front of their plasma TVs and kiddie video games (why do adults not grow up these days ?) is not the way forward. A cold hard reality check, albeit with some financial assistance to get started, is the way to go.

    So charge them board but set an exit date and help them to move out into their own digs.

    Wow, you are wrong. Many graduates are struggling to get jobs, are in thousands of debt, and can't afford their own accomodation. They have no chance of getting a mortgage working in minimum wage jobs until they find the right graduate job. An exit date would only add pressure and if I was a parent, I would let my children stay in the house as long as they wanted to unless I saw them wasting their money, because they are family and its important to care and support them.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • mirry
    mirry Posts: 1,570 Forumite
    my Auntie who was comfortable (rich enough) did this .....

    If you dont work and get benefits - I take ALL the money off you.

    If you work - you keep ALL the money.


    Strangely all four of her kids worked from a young age and 2 of them now have their own business.

    But I will have to charge my kids and I dont think its a bad thing ,
    I used to pay keep when I was young and it taught me the value of money.
    Kindness costs nothing :)
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Wow, you are wrong. Many graduates are struggling to get jobs, are in thousands of debt, and can't afford their own accomodation. They have no chance of getting a mortgage working in minimum wage jobs until they find the right graduate job. An exit date would only add pressure and if I was a parent, I would let my children stay in the house as long as they wanted to unless I saw them wasting their money, because they are family and its important to care and support them.
    I'd agree with that. It takes many years to save a deposit for a house. I think I stayed at home for about a year after college, working saving for a deposit, first months rental and tenancy fees on a flat. These days around here that would be a minimum of £1,000 in total and a bit more for some basic furniture on £4.98 an hour (NMW for 18-20 y.o-£164 per week after tax/ni less 25% board or £20 a week whichever is higher (only to encourage them to get off JSA and get a job) less travel less mobile less some for clothes less socializing money) that's quite hard to save that much quickly. Not sure about the wasting the money bit. That would be something I teach them and I have strong opinions on wasting money and how to save as much as possible. Hold onto as much as possible. Don't go out every day, never gamble and only go with what you can afford. Leave plastic at home....etc etc...
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • gem4
    gem4 Posts: 332 Forumite
    I have £240 mth off my daughter and unfortunately I do have to rely on it as we are the only two people in the house. She is still left with over £600 to do with as she pleases. We split the main household bills 50/50 and we each pay our own personal expenses, car ins etc. This makes her aware of how much it costs to run a household.
    ;) debt free...yippee :dance:
  • Bennifred
    Bennifred Posts: 3,986 Forumite
    LynnV - we are in much the same position, with two of our sons, they also have similar incomes. We decided (in consultation with them) that £50 per week from each to cover their share of food and utility bills is more than fair. They don't pay "rent" and they do their share of chores/cooking etc. So they have about £140 per week each to save/spend as they choose - more than DH and I, who have mortgage, cars, etc, but they aren't actually costing us anything in financial terms and I must say I love having them about the place - DS3 is currently away at university. They both know they are getting a good deal - both lived away from home in shared houses for university.

    It won't be forever, but in the meantime the arrangement suits all parties.:)
    [
  • rideo
    rideo Posts: 30 Forumite
    VfM4meplse wrote: »
    I left home late (26) but was never asked to contribute financially. It undoubtedly gave me a good start as it helped me save for a deposit and buy my own home; although I would regularly shop for the family it was never expected, and do a lot of housework (that was expected!).

    I don't understand the mentality of people who charge their children board when they start earning, it's not teaching them the way of the world. It would be far better to help children plan for the future and agree financial goals. Children are a lifetime commitment, if you can't afford them, don't have them.

    No. Any working adult should contribute to the household that they are living in. Just because they are your parents does not mean that they assume a life time responsibility to keep you.
    Goals for 2012: finish course; get job; new pet; ring; house; car; holiday; learn to knit; size 10; finish '50 books to read before July 18': 17/50 :eek:; savings account: £2450.68/£6000; improve my French and German.... how many can I achieve?! :D
    No buying unnecessary toiletries 2012. UU: 8/160
    SPC 2012 1648: £20.47p/?£100
  • I work 12 hours a week on about £6ph and pay £25 a week. But then I buy all my own toiletries and any food I like that isn't usually purchased as part of our regular shopping.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.