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How much rent should I pay my parents??
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I could only afford a "spring roll" from the Chinese, not a proper takeaway, and I was earning £50. Beer was definitely >£1.00 in my local. I'm jealous.....123mat123 said:I was an apprentice earning £28 a week. I was expected to pay 25%.
A pint of beer cost £1.80 back then.
(Wrong, was 80p, could go out on a Friday night armed with a tenner, get drunk and buy a Chinese takeway on the way home - happy days!)“Like a bunch of cod fishermen after all the cod’s been overfished, they don’t catch a lot of cod, but they keep on fishing in the same waters. That’s what’s happened to all these value investors. Maybe they should move to where the fish are.” Charlie Munger, vice chairman, Berkshire Hathaway0 -
I can't remember how much I earned (it was low because I was at Uni and only in part time employment) but, back in the late 70's early 80's I gave my parents £25 per month. I still had plenty left over to run my car, pay for a couple of nights out at the weekend and save a little.
On the day of my wedding my father gave me a little book. When I looked at it it was a passbook for the Nationwide. Every single £25 payment I had given my parents was in there plus the interest and a bit extra my parents had put in. It was a wonderful wedding present since we had so little back then.I don't care about your first world problems; I have enough of my own!0 -
I think the advice about speak to your parents is the best. We know nothing about your family circumstances.
Purely for comparison though around 2003-2006 I started work earning £12k per year and my parents asked for £200 a month. No idea what beer cost, but on Thursday nights we went to a bar that did 20 shots in test tubes for £20. Happy days.Save £12k in 2025 #33 £2531.77/£5000 (If this carries on I might have to up my target!)
April take lunch to work goal - 3 of 121 -
ahhhhhh test tube shooters, now yer talkin'

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