What's the going rate for 'keep' from your children once they start work?

yoni_one

Sarahlouz wrote: »

I certainly have never had to ask my parents to bail me out which I am very proud of. I have no debts. I moved out at 23 so by them being so called soft it certainly didn't encourage me to live at home for years!!s

I really really hope my son manages his finances as well as you but sadly already at 17 he showing signs that he would be more than willing to allow me to bail him out if I were prepared to rather than him plan better so as not to be in the position of needing (or expecting) help.

The difference perhaps between you and OP daughter is that you seem to have taken responsibility for your finances from an early age. The OP daughter is already in debt.

Riq

I don't think I should have to pay my parents but that's another story.

I pay £120/month.

ldavies_3

15 years ago whilst I was in college and living away Mon - Fri, I was also working night shifts ( about 30 hours a week).

My mum was still claiming child benefit and single parent benefits etc for me and not helping in supporting me whilst I was in college and STILL charging me £40 a week for sleeping at home on the occasional weekend!

My husband only paid £10 a week about 15 years ago and was on a decent salary at the time so when we bought our first home, it was a massive shock to the system for him lol

Im sure that our experiences are very two opposites of the spectrum and I hope that we will find a middle ground when both our boys leave full time education. They are 11 and 7 at the mo.

vicky_kidder

I worked part time during uni and paid my parents 1/4 of my wages which was about £100 per month. But now I've just got a new job it has changed.

I will be getting about £1300 per month but the job requires me to get a car which is insurance etc and I'm now also saving up for a deposit on a house so 'rents have said £200 per month is fine and that is their help to me when I move in with my boyfriend as it is allowing me to save a larger deposit (they understand in the current market I'm going to need a fairly substantial one!).

I think this is fair, but if I wasn't saving for a deposit I would expect to pay more, probably back to a 1/4 again.

So I think 1/4 is fair unless she is saving up for something important which you would probably help with anyways with the keep she would give you (e.g. car, house, wedding etc.)

Hope this helps!

yoni_one

busiscoming2 wrote: »

Just to change the scenario a little, do any of you charge keep to your teens who work part time? My son is doing A levels and gets EMA which he saves for uni, but works most sats and suns in a shop, we don't take anything. Comments please.

Hmm interesting one. I am in the same position except my son does not have have a job!

Personally, if I needed the income I would likely ask for him to pay something towards his keep but otherwise I would not take keep until the extra income I receive for him still being a dependent ceases ie WCTC, CB, maintenance.

I am trying desperately to encourage my son to get a job and we are a toe on the step now since I told him that this is the only time in his life where he can keep ALL his wages, no tax, no keep, no kids, no credit card repayments etc. This seemed to be a lightbulb moment and now he is at least considering it!!

We just now need to work on his confidence to actually take that first step in actively seeking a job (I dont want him to rely on me for always smoothing the path for him).

Spendless

My mum never charged me when I had a saturday job, and she was still in receipt of CB. I paid board only when CB stopped and I started f-time work.

A few years ago I did work with an A-level student, whose mum charged him board from his evening job. He was saving his wages to go to uni and wasn't happy about being charged.

candygirl

A couple of years ago when my DD started uni in our home town, I asked for £25 a week for everything, inc car insurance!!She left home calling me a "rip off merchant".A result in anybody's eyes lol:rotfl: :rotfl: :rotfl:
Now she is beginning to realise what a good deal it was, but too late was the cry;)

Ninnins

MRSLITTLEMOUSE unfortunately I fall into this category, consequently my two sons in their twenties, one of whom earns good money, still live with me and expect full board and keep and dont seem to want to move out .... I feel trapped and helpless ...

Soubrette

Riq wrote: »

I don't think I should have to pay my parents but that's another story.

I pay £120/month.

I paid £120 per month too however my gross full time salary at that time was £3995pa :mad: , so I paid just over 36% of my gross income in rent, I also paid tax at 29%!! (the personal allowance was about £2205 for that year apparently though ). It included all food, utilities and board barring my own choosing to go out and I had to buy my own clothes, bus passes, entertainment etc.

I'd be interested to know why you don't think you should pay your parents Riq - is it something specific to your situation or do feel that parents shouldn't really charge their children for living in the same house?

I still think it is right to charge for board though - but rather than a percentage I would charge depending on what the going rate for a room was in my area and I would expect more input into housework as we would be adults sharing a house etc.

I would discuss this all before hand and I would also make it clear that if my daughter didn't like this then her option would be to move out.

Sou

Riq

busiscoming2 wrote: »

Just to change the scenario a little, do any of you charge keep to your teens who work part time? My son is doing A levels and gets EMA which he saves for uni, but works most sats and suns in a shop, we don't take anything. Comments please.

I worked evenings during my A-Levels at weekend and made about £80, I didnt get EMA as they didnt have that back then. My parents charged me nothing.

It was only when I had come back home from graduating away at uni and got a fulltime permanent job was i charged 'rent'.