child paying keep/rent

Gigervamp

My two sons pay me a set £100 a month each. They're both on NMW and their shifts vary, so while one month they might get a decent amount of hours, another month might go by with them only working the contracted hours.

One son works for a fast food place and often eats at work, the other buys most of his own food.

This works for us.

Bennifred

My adult (:rotfl:) children pay £50 per week each to cover food and a share of the utility bills. I think a set amount is fairer than a percentage, as that way their costs are fixed and as they all earn differing amounts it would seem unfair that they pay different amounts to receive the same. They don't pay any "rent". They all pitch in with cooking/cleaning etc.

Mojisola

knithappens wrote: »

My 18 year old daughter has just finished college and got her first full time job.

I am not in a finacial position to not allow her to pay rent/keep nor do I want to as I want to teach her financial responsibility and paying her way yet I don't want to be too lenient or too strict.

tillyenna wrote: »

I would have a look and see what the cost of renting a room is (approximately) in your area, and then charge slightly less than that

tillyenna's advice is good because it would give your daughter an idea of how much rent she'll have to pay when she does move out.

It's also worth spending some time with her, showing what all the household bills are - a lot of young adults have no idea about how much a house costs to run.

If she isn't already, she should also be doing a share of the chores, just like she would if she was sharing with other people.

StuC75

the 1/3rd principal is a good idea to live by (sets up those habits for a lifetime?)..

Why not do it where she pays you that, you take from that what you is fair, and put the rest into savings - that way when she comes to move out there would be little pot of savings to give to her - especially if has also saved money herself in the meantime.

Indie_Kid

I pay £60 a week.

Billie-S

I don't personally think that generalising 'a third' for everything is always a good idea, as it depends what they earn. If they earn £75 a week, you get £25 a week, but if they earn £300 a week, you'd get £100 a week! So this wouldn't always work imo, as the amounts are vastly different.

I would say a third if they earn less than £150 a week, but if it goes over that, I would say still charge no more than £50 a week. No need to charge more than that really.

Also it depends what you're losing in child benefit and tax credits.

It's really up to you, but £50 a week is enough imo. And they buy their own clothes and cosmetics and stuff.

Morglin

knithappens wrote: »

My 18 year old daughter has just finished college and got her first full time job.

I am not in a finacial position to not allow her to pay rent/keep nor do I want to as I want to teach her financial responsibility and paying her way yet I don't want to be too lenient or too strict.
She is glad to have her own money, and will be taking over her mobile phone bill now she is earning and she wants to pay her own way also which is a bonus.

I know there was a thread a few years back about this but I cannot find it now.

For those with children at home how much do you charge keep in relation to their wage? Is it a set amount? A percentage?

Any information woudl be helpful so that I can discuss this with her and we can come to an agreement.

Thanks
Sharon

I worked on 10% of their take home pay, but put it into a savings account, and gave it to them when they left home permanently.

No one wants to 'make' on their kids , but giving over x amount per month, does make them think about paying for it all!

Lin

lika_86

A lot of posters suggesting the OP puts the money away to give back to her daughter seem to be ignoring the fact that the OP states "I am not in a finacial position to not allow her to pay rent/keep nor do I want to as I want to teach her financial responsibility and paying her way yet I don't want to be too lenient or too strict."

Carmina-Piranha_2

Billie-S wrote: »

I don't personally think that generalising 'a third' for everything is always a good idea, as it depends what they earn. If they earn £75 a week, you get £25 a week, but if they earn £300 a week, you'd get £100 a week! So this wouldn't always work imo, as the amounts are vastly different.

I would say a third if they earn less than £150 a week, but if it goes over that, I would say still charge no more than £50 a week. No need to charge more than that really.

Also it depends what you're losing in child benefit and tax credits.

It's really up to you, but £50 a week is enough imo. And they buy their own clothes and cosmetics and stuff.

I charge mine £45 a week which includes buying basic supermarket clothes for him.

One of my son's friends has been told that he has to make up his mum's lost benefits of £70 per week.

I prefer to have a set figure (although I would like it to be £50 per week rather than £45) because when we were teenagers my sister always felt it was unfair that she had to pay more board money than I did because she was in full time work while I was in education and only had a part time job. Looking back though, my mum will have had child benefit for me, so that probably made it even.

Billie-S

lika_86 wrote: »

A lot of posters suggesting the OP puts the money away to give back to her daughter seem to be ignoring the fact that the OP states "I am not in a finacial position to not allow her to pay rent/keep nor do I want to as I want to teach her financial responsibility and paying her way yet I don't want to be too lenient or too strict."

Yeah, I think some people have forgotten that bit, and are just saying what they do.

Many people of course, can't afford to not charge their offspring rent. As I said, many people will need to replace the lost child benefit and lost tax credits, and it would be impossible for many, to not charge them something. Plus, I think that they should pay something anyway.