Rent for adult children

TBagpuss

IF you are happy with £30 for food and bills then I would say charge her £83 a week. That means that you are making up forthe £53 lost housing support and are chargingher the same as her brother for billsetc.

She's still getting an absolute bargin - only 1/3 of her income going on housing an, bills and food, when 1/3 on housing alone is pretty normal, and it leaves her £723 a month for personal spending. Do you have that amount of spare moneyevey month for your own liesure and personal costs? 


I would also suggest that you sit down and do a household budget to see what your total bills, including food bills, are, to see whther you need to review the £30 for bills and food for her and your son.

I thnk doing her wasjhing is a bit of a red herring, it's probably more energy efficient to do the washing for the household rather than eveyone doing their own separately, but it would be reasonable for her ad your son to be helpfing our and doing their fair sahre of cooking, cleaning, laundry etc. 

Also, it sounds as though your son is a student and your daughter is now working. I think that would make it fair for you to charge her more than you charge him, particualrly if when you look at your total budget you can see that £30 isn't enough to cover their food and bills.

OF course, you are free to subsidise them if you want, but I think it is more ususal to do that for a child who is sill sudying than one who isn't.

That also doesn't stop you rom offering hr a bit of extra help on an ad hoc basis, if she needs it and you can afford it, for insrtance with travel costs, but hinestly, if she is earning enough to give her £700+ of disposble income every month, she ought to be able to be payingdown her overdraft and to having aa fund to tcover travel costs etc for auditions 

izawa

family should help out each other, not charge. ask daughter to pay for groceries instead

theoretica

How much is having her live with you actually costing?

Lost HB.  Increase in bills.  Food she eats.   Work this out and then you both know how much you are subsidising her by and can decide how fair it is. 

Also - how much spending/saving money do you have compared to how much she has?

lady1964

izawa said:

family should help out each other, not charge. ask daughter to pay for groceries instead

Parents should also help prepare their adult children to become fully independent people. I think the OP is doing absolutely the right thing.

billy2shots

Rob5342 said:

billy2shots said:

I would charge more. 

£55 a week is not preparing your child for the real world. Having 78% of her wages left after bills is not normal. 

The money would be saved in a separate account without their knowledge. 

When my child is looking to rent or put down a deposit, the saved money would be given back to them. 

Hopefully this saved money will financially aid them but will only be a small help compared to learning to budget. 

Surely it would be better for the child to prepare themselves for the real world by saving that money in their own account?

In an ideal world yes but until she is financially astute...

She came bk from uni with a massive overdraft.

silvercar

lady1964 said:

izawa said:

family should help out each other, not charge. ask daughter to pay for groceries instead

Parents should also help prepare their adult children to become fully independent people. I think the OP is doing absolutely the right thing.

If you want your children to reach their full potential and follow a career of their choosing, it is often the case that the first rungs on the career ladder don't pay very well. So subsidising their living costs at the start of their working life seems totally reasonable.

tooldle

As a comparison, my daughter as a new graduate in work, pays £650 rent inclusive of bills and council tax. She is in a house share. Food, travel to work and entertainment spends etc, is of course on top. She is able to save.

Marvel1

billy2shots said:

I would charge more. 

£55 a week is not preparing your child for the real world. Having 78% of her wages left after bills is not normal. 

The money would be saved in a separate account without their knowledge. 

When my child is looking to rent or put down a deposit, the saved money would be given back to them. 

Hopefully this saved money will financially aid them but will only be a small help compared to learning to budget. 

Since you talk about not preparing or the real world, saving it for them is not the real world either - in the real world you don't get it back - bills are paid from it.

Not just you but I don't understand the I will save it for them and give it back.  They are adults, I'm sure they are capable of saving.

Mojisola

Marvel1 said:

Since you talk about not preparing or the real world, saving it for them is not the real world either - in the real world you don't get it back - bills are paid from it.

Not just you but I don't understand the I will save it for them and give it back.  They are adults, I'm sure they are capable of saving.

Me, neither.

Get them in the habit of regularly putting money away in savings themselves and don't start the expectation of the bank of Mum/Dad being able to hand over lump sums when needed.

silvercar

Marvel1 said:

billy2shots said:

I would charge more. 

£55 a week is not preparing your child for the real world. Having 78% of her wages left after bills is not normal. 

The money would be saved in a separate account without their knowledge. 

When my child is looking to rent or put down a deposit, the saved money would be given back to them. 

Hopefully this saved money will financially aid them but will only be a small help compared to learning to budget. 

Since you talk about not preparing or the real world, saving it for them is not the real world either - in the real world you don't get it back - bills are paid from it.

Not just you but I don't understand the I will save it for them and give it back.  They are adults, I'm sure they are capable of saving.

They would save a deposit a lot quicker if they didn’t have rent to pay!