What's fair rent for working children living at home?

cottonhead

I never paid rent to my parents and I would never charge my daughter for living at home. I feel strongly that its our duty as a family to help each other and whn my parents and in laws are elderly should they want to live with us thats fine too.
I would only ask for rent if a child was really taking the mick. If they were working full time and avoided moving out so they could spend all their money on booze and going out and basically treated you like a hotel that would be a different story. However if the child is working hard and sensible and is appreciative then I wouldnt charge them.

WelshBluebird

Bennifred wrote: »

If they were on JSA I would expect the same - that is what it is for!

So you would ask for nearly all of their JSA? (JSA for under 25's is £56.25).

Tupperware_Queen

I would suggest looking at the approx cost of a room in a shared house locally and charge her similar, but don't charge her for the bills etc..she is then getting an idea of the 'real' cost of life, but you are also giving her a bit of leeway. I would however let her see what the cost of those bills are, so she can understand how finances work.

System

my 1st job was a YTS in a factory at £25 pw, i gave my parents £10 pw then the miners strike happened and i upped that to £20 pw.
children whatever age need to learn to pay their way otherwise its going to be a huge shock when they do move out.

Bennifred

WelshBluebird wrote: »

So you would ask for nearly all of their JSA? (JSA for under 25's is £56.25).

I think I'd expect them to keep enough of it to pay for expenses involved in job seeking, and not for having a jolly time at my expense! I don't have £56.25 per week left out of my salary to spend entirely on myself.

wifeforlife

Myself and my siblings paid £45.00 per week 10 years ago, I would love to say it prepared me for life on my own but I was really naive. Paying £100 rent, then bills on top before foods or social life was some wake up call, when I moved out.

Goodluck

pleasedelete

2 of my friends charged their returning graduates. Both put the money into a savings account (neither told their children that was what they were doing). One was used to pay for the child's wedding and the other towards the purchase of their 1st house.

They didn't need the money (although many would) but felt it was important tht their children got used to paying their way in life.

Another friend doesn't charge her daughter but £500 per month of her daughters salary goes into an account to save for a house. The understanding is that rent is waived whilst she is saving.

Person_one

CHRISSYG wrote: »

my 1st job was a YTS in a factory at £25 pw, i gave my parents £10 pw then the miners strike happened and i upped that to £20 pw.
children whatever age need to learn to pay their way otherwise its going to be a huge shock when they do move out.

Or, you could teach them about managing finances and budgeting.

My parents never took anything like market rent off me, funnily enough, I had still heard of rent and bills and knew they needed paying!

Okydoky25

Personally think £40 is way to low and won't teach her anything about living independently. As suggested take more £80-£100 pw and put some aside (without her being aware) for when she moves out so she has a head start or thats going to be one hell of a shock to the system.

crumblepie

WelshBluebird wrote: »

So you would ask for nearly all of their JSA? (JSA for under 25's is £56.25).

I read a thread on here a few weeks ago where a parent was going to do exactly that. Out of the JSA £40 was going to the parent for board , leaving the child with £15 or so.