How much keep to ask for?
in Marriage, relationships & families
55 replies 5.3K views
My child will be graduating and coming back home next year and has asked how much keep will be. Is there a “norm”? What should I ask for?
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There is no 'norm'.
I guess it depends on your financial situation, whether your child will be working and if so earning how much etc.
I think it was £150 a month then--about 2-3 years ago, to cover extra gas/electric water and food, toiletries etc. We were already 2 adults in the house so our council tax bill was unchanged.
My son graduated this year, is currently working f-time in a 'just for now' job and lives with his girfriend's parents. They take a minimal amount off of them as a contribution because they are saving towards their wedding next year.
I asked what he'd been paying in rent, he told me, and explained it had been mega cheap for various reasons. I said that would be fine, it would include food and bills but he'd be helping out with chores and shopping as required, and doing his own laundry. We didn't NEED the money, or I'd have charged more.
I wish he'd stayed longer in some ways, but he moved out after a few months. It meant he never got out of the habit of paying his own way.
And I was glad I'd done that, because a few years later, DS3 started at the local Uni, without a place in halls. I gently explained that his student loan wasn't ALL his personal spending money, there was rent to pay too - not a lot, but enough to help him realise he was now a Grown Up!
Look at your costs, and talk to your DD.
No expectation of paying less to save quicker, or having my contribution saved to give me a helping hand further down the line.
It was spent on day to day expenses and I still considered it cheap at the price.
When I first graduated and was not earning much, my contribution was not much when I started earning, I started paying the bills like gas, energy, internet etc.
My parents also encouraged me to save and try to buy my place hence did not request much from me financially.