Charging Rent from children?

Carl31

JReacher1 wrote: »

Personally I do not like the idea of profiting from my children so I would never charge them anything.

I would feel like I have failed as a parent if the only way I could afford my kids living in the family home was to charge them rent.

as a parent, should you not be preparing them for the real world?

Life costs money, you are not "profiteering", they are paying for their living costs, unless you charge them more than it costs you, unless you are charging market rates for rent, then they are getting a bargain anyway

It will be more of a shock when they have to leave home and realise how much life costs, and could even lead to financial problems

greenorange

I'm 27, and moved out of my parents into a rented flat a few months ago, however when I was living with them, I paid £350/month on a £30k salary.

Bargain, considering my rent is now £850.

Doom_and_Gloom

My parents called it keep, not rent. We contributed to the bills as my parents had to pay the mortgage if we were there or not but the bills did change.
11 years ago my OH and I paid £110 per month each. I had around £200 a month coming in at one point, OH was on around £500 at the time I believe. Our keep was a static amount. It went up to £130 per month each by our insistent before we left, we'd stayed two years.
We had rented a flat share for two years before we moved into my parents though. £130 per month had previously been our share of the rent each alone. My paltry, around, £200 just about covered my costs due to meticulous budgeting.
My parents included food in our keep.
My sister lives with them now. I think they charge her £150 per month but she buys her own food.

How can £100 a month cover the cost of keeping the son?
Even worse nothing from the daughter or her girlfriend.
This doesn't teach them what the real world is like. All that disposable income?
They are adults. They should pay their way.

ska_lover

JReacher1 wrote: »

Personally I do not like the idea of profiting from my children so I would never charge them anything.

I would feel like I have failed as a parent if the only way I could afford my kids living in the family home was to charge them rent.

They aren't Kids, they are ADULTS by the time they reach mid to late twenties

It is not profiting, more as getting them to pay their own way, as the bills are higher with them being in the family home.. and genuinely not everyone can afford this. Please realise that your way of life is not the only way, people are genuinely struggling

I mean who is to say the son who is earning 28k may even be earning more than his parent- obviously we don't know.

A grown man, on a decent wage of 28k, should be happy to pay what is fair and not expect his parents to struggle so he has more spare cash

Parents should not feel compelled to bankrupt themselves into old age, to subsidise their offspring well into adulthood when they:-
a) adult offspring do not have any physical or mental difficulties
b) adult offspring are fairly high earners

Their is such a massive guilt trip around being a parent these days, even when they are potentially doing better financially than parents - parents are still expected to subsidise them for decade after decade in adulthood??

The guy earning 28k - he is bringing home after tax £1850 approx. Throwing his parents £100 and has £1750 to do what he likes with! WHO in the real world has that amount of spare cash...

The girl earning 18k is bringing home nearly £1300 and pays nothing

It is like kids with pocket money, no real adult responsibilities are being undertaken by anyone

As for partners living there, they would be paying or be on their bike

KxMx

Since nothing seems to have changed since you posted in October I'd be offering them a choice between an amount you decide or move out.

They are adults on decent salaries, seems a case of won't pay and in that circumstance I'd seriously consider asking them to leave.

ska_lover

greenorange wrote: »

I'm 27, and moved out of my parents into a rented flat a few months ago, however when I was living with them, I paid £350/month on a £30k salary.

Bargain, considering my rent is now £850.

IMO this is the 100% correct way of doing things

scd3scd4

My daughter is a paediatric nurse. She earned more than my wife plus unlimited overtime. She paid about £300 a month..........she often took my wife's makeup, personal items. Always asked for her favourite food..................lots prawn, fresh salmon..........


Dad as a taxi, washing and ironing.


I paid for everything. A levels and degree. She never had a part-time job while studying.


I have a beautiful well adjusted daughter. I never failed in fact we did a great job along with her mum. Far from failing, We are not doormats and wont be taken advantage over.

ska_lover

scd3scd4 wrote: »

My daughter is a paediatric nurse. She earned more than my wife plus unlimited overtime. She paid about £300 a month..........she often took my wife's makeup, personal items. Always asked for her favourite food..................lots prawn, fresh salmon..........


Dad as a taxi, washing and ironing.


I paid for everything. A levels and degree. She never had a part-time job while studying.


I have a beautiful well adjusted daughter. I never failed I in fact did a great job alone with her mum. Far from failing, We are not doormats and wont be taken advantage over.

A very caring Dad. Fantastic and your daughter, she does an amazing vocation , a real credit to you and your mrs

---

IMO this is a great example of Caring rather than ''Enabling'' which some people seem to get mixed up

scd3scd4

ska_lover wrote: »

A very caring Dad. Fantastic and your daughter, she does an amazing vocation , a real credit to you and your mrs

---

IMO this is a great example of Caring rather than ''Enabling'' which some people seem to get mixed up

Thank you Ska............I know we nearly all are proud of out children. But when I see the cards parents give her and the comments.............when I ask where she has been and she answers. "oohh just a mum wanted to have a coffee with me to say thank you dad". xxx


At 24 she was promoted to a senior staff nurse and works at the Evelina Children's hospital in London. With an honours degree. When I see her come home after 12 hours, no break and not including the extra time she stayed on to help out. You bet I am proud.............thank you.

Lioness_Twinkletoes

Batman2017 wrote: »

I think a 3rd of your sons take home pay on 25k should be a lot more than £300??

Indeed but he got a couple of significant pay rises quite quickly and met his future wife, so after discussion with him, we decided to leave it at £300. Like I said, it will drop to allow for him to save quicker.