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Son starting work - how much should he contribute ?
Comments
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Northern_Princess wrote: »We have thought about taking dig money from DD, but opt not to as she saves her part time wages (well most of them) to help her get on the property ladder. I buy all her toiletries/make up, clothes and anything else she needs as well as livery bills for her horses, feed/tack/vets bills along with her mobile phone contract and hair cuts and colouring. She will have her driving lessons paid for and a car bought for her as well as it being taxed and insured until she leaves full time education. When she leaves full time education then she will pay something albeit a small amount of her part time earnings towards her keep at home.
I was horrified at a friend whose children worked part time under 16 years and she took 50% of their very meagre earnings and stopped buying them clothes etc. I felt so sorry for these children worrying about buying their school uniforms from very little income when what they were paying my friend was funding her horse!
I think it's about instilling a work ethic and "you must work to get on in life" view that's important rather than the amount of money you take for digs.
Getting back to the OP I think £50 is a fair amount to ask.
I actually love this post! Her horses man! hahahaha. She saves her part time wages (well most of them, what on earth does she spend the rest on? YOU BUY EVERYTHING FOR HER!) to get on the property ladder! hahahaha
Very funny, what kind of money saver are you? I bet you barter with the vet don't you?0 -
On the same subject but on a slightly different note, has anybody else found that since your kids started work and begun paying board that your finances have improved substantially?
I was always short at the end of the month when my kids were at school but since they got jobs I seem to have spare money left over every month.0 -
faerie~spangles wrote: »They are not paying the market value for the advantages of living at home.
What is the market value of the advantages of living at home? I wouldn't live with my parents if you paid me.0 -
Northern
Obviously I don't know your financial circumstances but one thing to bear in mind when you say you'll be buying her a car.
In my experience it seems to me that youngsters who have had their cars bought for them seem to have alot more accidents (including one where the driver was lucky to walk away from it) than those who have bought the cars themselves.
I meant to add that I also pay Junior's mobile bill but have told him that any cost over the standard amount will met by him but this is nothing new as he knew this from when he first had a mobile. I've also told him I'm happy to do this if he goes to Uni in September and for as long as he is in Uni but if he joins up then he can take over the payment of the DD2014 Target;
To overpay CC by £1,000.
Overpayment to date : £310
2nd Purse Challenge:
£15.88 saved to date0 -
mountainofdebt wrote: »Northern
Obviously I don't know your financial circumstances
I think they must be pretty good since her daughter has 'horses'. I personally have never found the need for more than one horse at a time. :rotfl:0 -
I used to pay £40 pw 10 years ago when earning about £600 pm, so seems fair to me, it certainly helped me when paying my own bills etc, OH never paid a thing and still relies on his parents regularly for bailouts at the age of 31Boots: £107.xx on AC :j
Tesco CC: £48.00/ £192 in deals:p
ipoints: 3659
lightspeed panels:5200 -
faerie~spangles wrote: »I'm curious.
Are you planning to fund your daughter's life style 'til she leaves full time education and gains a Doctorate?
Or?
Her lifestyle will be funded until she leaves education yes. I know people find it "odd" or that she is "spoiled", and yes she is spoiled but not in a way she's a brat if you know what I mean. I never had the opportunities years ago to go to Uni (but I did later and funded myself through), I want her to completely 100% enjoy her education unlike me who worked 3 jobs to fund myself. As long as she works part time and saves from that to get on the property ladder I don't mind funding her. Only other stipulation I have is she pays for any nights out herself as well a going out clothes. I don't mind buying jeans etc but party dresses and mad heels are up to her
Never look down on anyone unless you are bending to help them up.....0 -
I think they must be pretty good since her daughter has 'horses'. I personally have never found the need for more than one horse at a time. :rotfl:
:rotfl::rotfl: Neither have I but I never sell them on when the horse retires.Never look down on anyone unless you are bending to help them up.....0 -
mountainofdebt wrote: »Northern
Obviously I don't know your financial circumstances but one thing to bear in mind when you say you'll be buying her a car.
In my experience it seems to me that youngsters who have had their cars bought for them seem to have alot more accidents (including one where the driver was lucky to walk away from it) than those who have bought the cars themselves.
I meant to add that I also pay Junior's mobile bill but have told him that any cost over the standard amount will met by him but this is nothing new as he knew this from when he first had a mobile. I've also told him I'm happy to do this if he goes to Uni in September and for as long as he is in Uni but if he joins up then he can take over the payment of the DD
Thanks for this, it's much appreciated advice about the car. Neither myself or OH had thought about this aspect of it. It certainly won't be a huge sports car or anything like that. It'll be a run around. As for the mobile if she goes over her allowance she pays for the extra. Funnily enough the first time she went over the allowance and she had to pay for it it's never happened again :rotfl::rotfl: Lesson learned I think.Never look down on anyone unless you are bending to help them up.....0 -
You should do...a fifth at a minimum or a quarter if you don't mind them at home or a third or more if you want them to move on or really need the money due to benefit non dependant deductions being made. What you do with the money is up to you. £50 is not much.
£20 is far too little for an all inclusive room with all meals as well. That is wrong for the girlfriends parent to charge that. There is no way anyone could ever get a room even for £50 all inclusive in the real world.
I quite agree. But some parents just do not seem to want their children to leave home.
I also know of a girl whose parents take £25 a week from her but have told her it is for when she gets married.
It can make it difficult for the parents when the son/daughter has friends in these situations.0
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