How much board should I be paying?

Dunroamin

Person_one wrote: »

I don't think its that unusual, is it? I know a few people who lived at home through uni specifically so they wouldn't get into debt. Its not a huge number, and it doesn't really make much sense, but not a tiny number either.

Choosing not to take out a loan is different from not being eligible for one. Avoiding getting into "debt" by cadging off your parents, isn't the act of a responsible or honest adult.

Dunroamin

poet123 wrote: »

I agree, and if we had been in a position where they had to contribute to pay bills then, as adults, that is what they would have been asked to do.

Perhaps, and I'm making an assumption here, your provision of free board to your children was instead of the contribution to their maintenance which you would've paid if they'd lived away from home?

lostinrates

Dunroamin wrote: »

Choosing not to take out a loan is different from not being eligible for one. Avoiding getting i nto "debt" by cadging off your parents, isn't the act of a responsible or honest adult.

But both options were covered by the question I asked (and infact was answered and I missed in OP).


Its entirely possible to not maximise a loan and not 'cadge off parents' while working and studying. But probably not while having sky etc, depends on job and budgeting skills. That doesn't make it the sound financial choice, just a debt phobic one.

Person_one

Dunroamin wrote: »

Choosing not to take out a loan is different from not being eligible for one. Avoiding getting into "debt" by cadging off your parents, isn't the act of a responsible or honest adult.

I know you find it difficult to believe or understand, but some parents don't view supporting their children through education as them 'cadging'.

Dunroamin

Person_one wrote: »

I know you find it difficult to believe or understand, but some parents don't view supporting their children through education as them 'cadging'.

It isn't the parents attitude that matters, it's the students'. Any decent person of that age isn't going to want their parents to keep them, just so they don't have to take out a student loan. Most students would see that as "cadging" whatever their parents think.

lostinrates

Person_one wrote: »

I know you find it difficult to believe or understand, but some parents don't view supporting their children through education as them 'cadging'.

And that's great too, in many cases.

If you were responsible for a young adult in this position who was concerned they couldn't save because their bills included some high ticket items like sky listed along side essentials like food, transport and costs, (and in amongst what sounds over all like quite a responsible lifestyle of good part time work and provision) would you want to pay for them while they paid for sky, if say, you were struggling to pay the gas bill? Or, would you hope that they entered into the phase where they leave home as fledged adults, independent and capitalising on their evident success so far, by recognising how to budget successfully?


Regardless of the rent issue, (and i think this is an issue house hold by house hold) I would be concerned for OP's priorities at stage of life, and also, the jump the next stage might feel to them.

If op's mother and partner feel rent is appropriate they may have more than a financial issue to consider here. Who knows?

Mojisola

Dunroamin wrote: »

It isn't the parents attitude that matters, it's the students'. Any decent person of that age isn't going to want their parents to keep them, just so they don't have to take out a student loan. Most students would see that as "cadging" whatever their parents think.

Quite right. I'd have been really embarrassed to live off my parents' wages while spending money on luxuries for myself!

lostinrates

Mojisola wrote: »

Quite right. I'd have been really embarrassed to live off my parents' wages while spending money on luxuries for myself!

Luxuries, that's what I was trying to say.:o. Luxuries v savings and necessities.

D'oh.

duchy

Presumably you're living cheap
Don't know about your uni but ours is £100 a week self catering in a shared flat-amazingly as their sister campus an hour away is short of halls some students are paying that and taking a 55 min (uni) bus from my local campus to theirs.

Seems it's your Mum's house and you have the choice to pay what she is asking or move somewhere cheaper.
Good luck with finding that though although if you lived close to campus I suppose you could cut your petrol bill.

poet123

Dunroamin wrote: »

It isn't the parents attitude that matters, it's the students'. Any decent person of that age isn't going to want their parents to keep them, just so they don't have to take out a student loan. Most students would see that as "cadging" whatever their parents think.

We never looked at it that way nor expected our kids to do so.

Two out of three lived away all the time during University, the third moved home after 18 months away. All of them took loans out ( the non means tested loan amount so not huge sums) and we paid their rent/tuition fees and we didn't charge them rent until they were in full time work. Their situation was typical of their friends.

Our youngest son intends to do medicine though and we won't be able to pay the level of fees for the duration of his course at £9,000 pa so we will pay his rent and probably give him an allowance, but he will still be in a lot of debt when he finishes. We have had to adopt the mindset of the loans being a tax rather than a "debt".