Board/rent for working teenage children

theoretica

Perhaps you also want to think about what you will do in the future if he remains living with you. Will rent rise according to age or his wages? It might be useful clarity all round to think about this now.

treetrunks

Id consider charging £200 - £250 and putting aside half of it for when they decide to move out. Helps them contribute, learn to manage their finances but also helps to build a small amount and incentive to leave one day.

sedment

When I was 17 I earned £400 pm. I paid £100 pm keep which covered food electric etc. But I also had jobs to do within the house. I had to unload dishwasher and do the ironing and babysit my brother when required so my mum could go to work. I paid for my own toiletries clothes contact lenses.

jonathon

my son pays 20% every 4 weeks (he gets paid 4 weekly) with a maxium of £200

PlymouthMaid

I would say about a quarter of his income is right. I don't think parents who do not take keeo money are doing their offspring any favours in the log run. If you don't need it then put it away for their futures but at leat they are learning the value of money and not getting used to spending every penny they have.

mustang121

I was fortunate as when I completed university, returned to parents and got a job. My parents didn't charge me anything, although I did help out around the house and took my mother food shopping.


Living rent free enabled me to quickly save up and put a deposit down for a mortgage. When me and the girlfriend are older and have our own children then I will properly treat them the same once they reach young adulthood.


My older brother who stayed at his university town due to career prospects is still privately renting.

nickj_2

koan wrote: »

It's about finding a balance. You don't want to exploit your child and charge them rent, but equally you don't want them treating the place like a free hotel!

Putting some money aside for him in order to save for a house deposit sounds like a very good idea, especially if he's not really into saving his money and tends to spend it all.

my daughter is 18 and works really long hours at our local hotel , she's there some days at 7 in the morning and will come home around midnight some days , we don't charge her any board , however she doesn't go out wasting it, probably has one night a week when she see her friends , tbh i'd be a bit more happier if she did go out a bit more and live a bit , but next month she's off to tenerife to work as a rep for tom cook
whilst financially me and mrs j are not on a huge wage , we earn more than enough to get by and don't need her money ,

Bennifred

We have adult children living at home and they pay £50 per week each which just covers their share of food/gas/electric/broadband. They also cook/ do laundry or whatever needs doing as and when. This way they have no reason not to be saving towards their own places (and I really hope they are!), and we aren't out of pocket for them being here. They only started paying board once they finished full-time education (we have one who is still a student and he doesn't pay anything to us when he is here in the holidays - he needs all his earnings for term-time)

I think the flat rate is fairer than a percentage of their wage, as that is how things would be in the big wide world, and if they do overtime etc then they are reaping the rewards. Why should one who works harder have to pay more for the same benefit?

Buzzybee90

Bennifred wrote: »

We have adult children living at home and they pay £50 per week each which just covers their share of food/gas/electric/broadband. They also cook/ do laundry or whatever needs doing as and when. This way they have no reason not to be saving towards their own places (and I really hope they are!), and we aren't out of pocket for them being here. They only started paying board once they finished full-time education (we have one who is still a student and he doesn't pay anything to us when he is here in the holidays - he needs all his earnings for term-time)

I think the flat rate is fairer than a percentage of their wage, as that is how things would be in the big wide world, and if they do overtime etc then they are reaping the rewards. Why should one who works harder have to pay more for the same benefit?

Welcome to the UK tax system

Bennifred

I know - but food/electricity etc costs more or less the same for everyone!