How much board should I be paying?

Soleil_lune

lostinrates wrote: »

Do we know op gets a loan?

<snip> From the original poster - post number 1 :

I'm in my final year at uni and would love to save some money to move out which I'm trying to do with my loan


So I am guessing that she does have a student loan (or should that be maintenance grant?)

Person_one

candygirl wrote: »

Good luck with that then!!;)Hope he can survive in the REAL world:rotfl::rotfl::rotfl:

This is the real world, there's only the one.

My parents felt much the same, and I'm coping so far, I've managed to feed myself and stay alive till 29, so fingers crossed!

Soleil_lune

pink_princess wrote: »

This is a subject we have always felt quite strongly about. Teaching financial independance.

At age 11 we opened child current accounts with a debit card. Each month we paid in £15 pocket money, as they have got older the amount and the responsibility increased. By age 15 they were transferred their pocket money, dinner money, travel allowance, clothes and toiletries budget to manage for themselves. (DD2 is now 16, hence the them) I just see board as a continuation of this independence.

Exactly. It's seems a bit odd to not take ANYthing off them, if they are living permanently at home and earning an income. Each to their own, but I think it sets a bad example. Nothing in life comes for free, and to give your young adult children the impression that things DO come for free, is a bad idea.

pink_princess

itch_for_a_glitch wrote: »

I think you do very well, and IMHO your mum is being unreasonable, but then I dont know her circumstances.
I dont have a spare room, if I did you would be welcome. Both mine are working full time and pay a similar amount to you, but get food/pack up.I do put their board up 10% in January(rounded up)

The lack of discussion and compromise may be unreasonable but I don't think asking for board is.

mountainofdebt

If its an help Junior is paying £250 per month for his room at Uni.

The way to look at it, imo, is that if you weren't living so close to your uni then you wouldn't have the opportunity to live at home and hence wouldn't be able to save as much anyway.

(I do have to admit your fuel costs seem a little high - is there anyway that you could car share with someone to split the costs?)

barbarawright

Assuming you are coming back, OP, you might want to think about your Sky sub. I'm guessing if you are at Uni and work part-time, you don't really have that much time for watching telly. Are you actually paying the family sub - if so, that can surely be counted as a contribution to the rent? As for £200 a month for food and toiletries - you could probably cut back on that by eating more with the family and taking sandwiches (I know nobody wants to do that but I wish I'd started years earlier). With a few cutbacks and some more communal living, you might find yourself with more spare cash to contribute to the family home.

poet123

We never charged our kids rent whilst they were at University, indeed we paid their rent for them or they lived here rent free. Once they began earning they paid a nominal amount because we believed that they should not get used to thinking all their income was disposable.....we actually saved that money and gave it back to them to help with a house purchase, that and more besides!!

Mrs_Imp

lady1964 wrote: »

My dd's paid board quite happily, we didn't take much of their salaries, just 15% and my youngest dd has just paid her first amount of board at 15%. She actually asked when we were going to start charging her, I think she felt that doing that makes her a fully paid up adult

I remember opening my very first pay packet and handing over some money to my Mum for rent. I was very proud of it to be honest. I wasn't charged very much, as it was understood that I was saving to go to university, but the little I did pay made me feel all grown up!

OP I think you need to sit down with your Mum and have a proper conversation about this. Maybe she needs the money? Maybe she doesn't want you to move out? You do have some room to cut back on your outgoings, although you may have to wait until your contracts are up on some things.

sooty&sweep

Hi

Do you know how much your mum & partner are paying out each month ? and how much of their take home pay they are left with ?
£600 for a part time job is a reasonable wage & £400 per month disposable income is good as well.
If your mum & partner also have decent disposable income then its a case of negotiating with your mum. However if your mum & partner are using up a much bigger chunk of their take home pay to just cover bills and arent left with much then I do think you could contribute more.

Jen

mikeandrach_2

if you don't like paying them board, just do what I did, take comfort in the fact that one day you will be choosing them a nursing home...........................