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How much board should I be paying?
Comments
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mikeandrach wrote: »I was charged board by my parents so I moved out. I will never charge my son board, r any future children. when I chose to have a kid I chose to love him, provide for him and care for him for the rest of my life, knowing I could afford to (im not rich by the way, comfortable but not rich). the day he turns 18 I will still love, provide and care for him, I wont suddenly say right son start paying your own way. IF he is taking advantage, ie doesn't work/genuinely seek work, isn't in education, and generally takes the p yes I will sit down with him and have a conversation which will hopefully be the rocket up the bum if one is needed. my parents said paying board would teach me about money, it didn't, it tought me that my parents wanted to cream some of my wages despite the fact they were very well off. I totally disagree with charging a child (of any age) to live in the family home, the caveat being if they are a slob/layabout/don't seek to fund their own life this view is flexible.
Good luck with that then!!;)Hope he can survive in the REAL world:rotfl::rotfl::rotfl:"You can't stop the waves, but you can learn to surf"
(Kabat-Zinn 2004):D:D:D0 -
It works out £10 more a week, so what can you cut down on? Why do you buy your own food, or is the food you buy lunches when you're out? You could cut down there somewhere too?
Is working an extra hour or two a week a possibility to cover the extra £10?
Happy moneysaving all.0 -
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mikeandrach wrote: »I was charged board by my parents so I moved out. I will never charge my son board, r any future children. when I chose to have a kid I chose to love him, provide for him and care for him for the rest of my life, knowing I could afford to (im not rich by the way, comfortable but not rich). the day he turns 18 I will still love, provide and care for him, I wont suddenly say right son start paying your own way. IF he is taking advantage, ie doesn't work/genuinely seek work, isn't in education, and generally takes the p yes I will sit down with him and have a conversation which will hopefully be the rocket up the bum if one is needed. my parents said paying board would teach me about money, it didn't, it tought me that my parents wanted to cream some of my wages despite the fact they were very well off. I totally disagree with charging a child (of any age) to live in the family home, the caveat being if they are a slob/layabout/don't seek to fund their own life this view is flexible.
If you are a working adult living rent-free, you *aren't* seeking to fund your own life.0 -
mikeandrach wrote: »I was charged board by my parents so I moved out. I will never charge my son board, r any future children. when I chose to have a kid I chose to love him, provide for him and care for him for the rest of my life, knowing I could afford to (im not rich by the way, comfortable but not rich). the day he turns 18 I will still love, provide and care for him, I wont suddenly say right son start paying your own way. IF he is taking advantage, ie doesn't work/genuinely seek work, isn't in education, and generally takes the p yes I will sit down with him and have a conversation which will hopefully be the rocket up the bum if one is needed. my parents said paying board would teach me about money, it didn't, it tought me that my parents wanted to cream some of my wages despite the fact they were very well off. I totally disagree with charging a child (of any age) to live in the family home, the caveat being if they are a slob/layabout/don't seek to fund their own life this view is flexible.
I'm sorry - but you will be doing your future child(ren) a great disservice if you do not take something for board and lodging from them once they are earning a wage/receiving benefits that give them a living allowance. If you can afford to keep them, then wonderful - save whatever you take from your child(ren) and give them a nest egg once they leave home!
I've known families where parents have still supported their offspring into their 20s - and now in their 40s they are the people who are still using the bank of Mum & Dad - whilst those who got used to paying for board & lodging from the time that they started earning are, in the most, those who have successfully managed their finances.
Its about teaching for the future!0 -
mikeandrach wrote: »I was charged board by my parents so I moved out. I will never charge my son board, r any future children. when I chose to have a kid I chose to love him, provide for him and care for him for the rest of my life, knowing I could afford to (im not rich by the way, comfortable but not rich). the day he turns 18 I will still love, provide and care for him, I wont suddenly say right son start paying your own way. IF he is taking advantage, ie doesn't work/genuinely seek work, isn't in education, and generally takes the p yes I will sit down with him and have a conversation which will hopefully be the rocket up the bum if one is needed. my parents said paying board would teach me about money, it didn't, it tought me that my parents wanted to cream some of my wages despite the fact they were very well off. I totally disagree with charging a child (of any age) to live in the family home, the caveat being if they are a slob/layabout/don't seek to fund their own life this view is flexible.
Your post made me spill my drink :rotfl::cool:Life is short, smile while you still have teeth0 -
well if you can look your kids in the eye and say you love them and would do anything for them etc etc whilst charging them to live in the family home then so be it. I cant, and wont.0
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what I MIGHT do is force a savings account, ie give me x amount per month and I will save it for you, but that is the worst I could/would do0
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mikeandrach wrote: »well if you can look your kids in the eye and say you love them and would do anything for them etc etc whilst charging them to live in the family home then so be it. I cant, and wont.
Does your wife/partner get to live cost free as well?
As for your next comment about "Forcing" a saving plan on your grown up children :eek: They are adults, they will save if they choose to.Life is short, smile while you still have teeth0 -
mikeandrach wrote: »I was charged board by my parents so I moved out. I will never charge my son board, r any future children. when I chose to have a kid I chose to love him, provide for him and care for him for the rest of my life, knowing I could afford to (im not rich by the way, comfortable but not rich). the day he turns 18 I will still love, provide and care for him, I wont suddenly say right son start paying your own way. IF he is taking advantage, ie doesn't work/genuinely seek work, isn't in education, and generally takes the p yes I will sit down with him and have a conversation which will hopefully be the rocket up the bum if one is needed. my parents said paying board would teach me about money, it didn't, it tought me that my parents wanted to cream some of my wages despite the fact they were very well off. I totally disagree with charging a child (of any age) to live in the family home, the caveat being if they are a slob/layabout/don't seek to fund their own life this view is flexible.
Funniest post of the day :rotfl: I assume you're kidding, but if you ARE being serious, then God help your son in the future, (and any 'future children.)
JMO, but this post looks like it has been written by someone quite young; almost certainly less than 20.0
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