How much board do you charge your kids?

CallaLily

Our son earns £55 a week from his part time job (he's in college atm) and we charge him £10 for rent, food, electric (for his laptop, phone ,etc that never seem to be off charge!), and laundry.

Dunroamin

I think that young adults should pay their way rather more generously than many people do. However, I think it's very wrong to charge under 19 s in FT education as they are still their parents' responsibility at that age, which is why the parents still get child benefit and CTC for them.

poohbear59

My DS1 pays me the odd £40-50 as and when. The younger ones always gave me 25% of whatever they earned as did DD. I provide a car which I insure for him at £36 per month.

He had to come home because of debts and depression and he is on a DMP so we are being easier on him. The others covered their share of council tax and food bills and still had money to save for themselves. They all worked locally as does DS1 which makes life a lot easier financially. If they had huge travelling costs I would not have asked for so much.

thebillet

I paid my mam 16% of my wages, this amounted to £1.00 from my £6.00 a week wage. She was happy with this as I did not stay on at school where as all my sisters did. Mind you I checked prices that were being charged at the time and boy did that give me a shock; a record player which I was buying under HP at 13/8d (66p)a week cost in total £32!! That is more than 5 weeks wages.

Never managed to get a red cent from any of my kids or step kids, all far too articulate and slippery...that's university for you. I think the issue about which direction the help should go has been overtaken by the necessity for those in a family who can help do help.

girlybags

My sister, her fiance and 3 year old son are in the process of moving back into my mums. The area they are living in is a bit rough and they've been getting trouble from some of the kids on their street and it's taking ages to get a house move/swap. Anyway they'll be paying my mum £50 a week and buying (most of) their own food.

poet123

Mine pay a nominal £100 pcm to allow them to save.

KxMx

I'm suprised by how many parents make their kids save out of their wages. As far as I am concerned my money my business after i've paid my keep. Kids learn through mistakes not mummy and daddy holding their hands up until they are 25!

If someone wants to save, fine, but it seems several on here have said they explicity make their offspring save. Rather a contradicton, they are adult enough to go out to work & hand over keep and pay their way, but not adult enough to be responsible and have to be made to save. Talk about mixed messages.

Nothing to do with a parent what kids (especially when we are talking 18+) living with them do with their money beyond ensuring keep is paid. I pay my Mum keep, financially that comes first, then what is left is spent/saved as I wish.

DylanO

KxMx wrote: »

I'm suprised by how many parents make their kids save out of their wages. As far as I am concerned my money my business after i've paid my keep. Kids learn through mistakes not mummy and daddy holding their hands up until they are 25!

If someone wants to save, fine, but it seems several on here have said they explicity make their offspring save. Rather a contradicton, they are adult enough to go out to work & hand over keep and pay their way, but not adult enough to be responsible and have to be made to save. Talk about mixed messages.

Nothing to do with a parent what kids (especially when we are talking 18+) living with them do with their money beyond ensuring keep is paid. I pay my Mum keep, financially that comes first, then what is left is spent/saved as I wish.

If you're paying exactly what you cost then you'd have a point, but if you're subsidised then I don't think you have any point.

poet123

I think that if mine weren't saving money to eventually move out, when I am only charging them a nominal rent to enable them to do so I would be annoyed. That said, I agree that you can only try to instill the saving into them rather than force it on to them.

Katexx

I paid £200 a month to my mom before I moved out with my boyfriend, and regularly gave/lent her more if she needed it. I think I was earning £800ish a month a time. I was happy with that.