Kids at home....

[sherman]

I have recently moved out of my parents house. I never paid rent but paid for my phone,car insurance, car payments, car tax, servicing, most of my food, cooked my own meals and saved up enough that I could afford to move out.

[Jasandjules]

Think it depends on how much they earn really.

And if they are saving up to buy their own place.

I'd be inclined to take a good £300 pcm off them BUT put £150 of it into a bank account for them so when the time comes and they want to move out you can suddenly donate....

My parents didn't charge me much (I think about £150 pcm) but I'd spent 1k plus on them at Christmas along with other odds and sods.

[43034]

Pulse said:

All these examples of £100-£200 a month is pretty ridiculous - I know real-life examples of it happening too. All you're doing is encouraging them to stay, as it's cheaper at home than it'll ever be elsewhere!

Also, if you've got one rule for one child, do yourselves a favour and stick to that for the other child(ren).

Disagree. For me anyway.

I know i'll have to get a mortgage one day, can't live at home forever. The more money I can save the sooner I can move out.

If I was to be paying more to live at home, I would be saving less which means I'll be living at home longer. Then i'd still be paying a mortgage later on in life which I don't want and my parents wouldn't want me doing.

I'm very grateful for the fact I don't pay a lot of rent and I don't just waste it.

[catso]

Got a 20yr old at home (and an 18yr old at University), don't charge them anything. Both myself and my Wife never paid anything when we were at our parent's homes, I don't see why my kids should.

On the other hand my Sister charged her kids and as soon as they could, they moved out...

[voyds9]

Qualified 1989, started paying parents £600/month. Least I could do after raising me then getting me through university.

After about 7 months I had enough other money saved to move into my 1st house.

[DR10]

voyds9 said:

Qualified 1989, started paying parents £600/month. Least I could do after raising me then getting me through university.

After about 7 months I had enough other money saved to move into my 1st house.

That is now (accounting for inflation) around £1,500 per month. What did you qualify as?

[GTIAlex]

I'm 21 and just finished uni. Don't pay rent but my job for now provides the house with first pick of the yellow stickered items at work, discount and I buy lots of pieces of food etc

Dads just found out he's losing his job in march so I'll be paying the going rate come the new year.

[voyds9]

DR10 said:

That is now (accounting for inflation) around £1,500 per month. What did you qualify as?

Optomtrist, unfortunately wages haven't increased since. However, working hours have dropped.

[Pulse]

Impasse said:

Not really. As I've already mentioned my daughter lives with me rent free, but attends the local uni. She won't be in a position to rent or buy until her course is finished, so why should I ask for a percentage of her hard earned wage just to prove a point?
She'll move out when she's ready and face the monetary shock then, but in the meantime I'm pleased she's able to enjoy her young adult years with money in her pocket. Plenty of time to be a skint grown up later.

Attends uni? That's different. This is more if they are working full time and therefore have plenty of money coming in.

[Pulse]

43034 said:

Disagree. For me anyway.

I know i'll have to get a mortgage one day, can't live at home forever. The more money I can save the sooner I can move out.

If I was to be paying more to live at home, I would be saving less which means I'll be living at home longer. Then i'd still be paying a mortgage later on in life which I don't want and my parents wouldn't want me doing.

I'm very grateful for the fact I don't pay a lot of rent and I don't just waste it.

Hence why I suggested you take a normal amount of money and save some of it for the child. This then works in two ways - you get to save, but you also get to learn that the real world is expensive.

[KFC]

garycab said:

If anyone has ' big kids ' still at home and paying housekeeping, what do they pay ??
I have a 21 yr old son and a 19 yr old daughter, both in full time employment and living at home full time and they pay £35 & £25 respectively. TV's, computers, iPads, and the normal charging of phones etc are constantly on !!
They both have birthdays soon so we have told them it will be going up, what is the going rate?......would love to see what others are charging......or not !!

I'm 31 now, and was paying more than that 12 years ago! I can't remember the exact number, but I think maybe £200 a month or so.

To put it into context, I was probably earning about 1/2 - 2/3 of what my dad was bringing home. And way more than my mum (part time job). With 3 younger siblings all not old enough to work and being fully supported by parents.

I don't think I even realised at the time how much of a good deal I was getting That included all of the meals I ate at home, all bills, internet, my room, etc. And the occasional run to/from work when I couldn't lift share (working nightshifts/backshifts)

[Robert Burns]

I'm £300 a month. That gives me access to emergency washing if I'm to busy for my own stuff. A garage for my m3 and a top quality steak each month.

[Lawbags]

I was given the choice. Stay in education and live rent free or get a full time job and pay rent.
So i stayed in education for a bit then found work.
I can't remember exactly what my olds charged, but I think it was around £130 a month.

[Axionknight]

Robert Burns said:

I'm £300 a month. That gives me access to emergency washing if I'm to busy for my own stuff. A garage for my m3 and a top quality steak each month.

A whole one steak?

Can I move in?

[Dog Star]

I left home when I was 29, and I'd never paid anything, in fact my parents were quite sad to see me go. I'd been an IT contractor since I was 23 too, so rolling in it. It used to drive my best mate mad and he was always on at my mum to charge me rent, but she never did

[J8 SVG]

I've been paying £300 a month for four years. Dad rents the house and that was my fair share seeing as I was working the whole time. I did get the master room with en-suite as well.. Finally moving out tomorrow, going to miss it

[KFC]

Dog Star said:

I left home when I was 29, and I'd never paid anything, in fact my parents were quite sad to see me go. I'd been an IT contractor since I was 23 too, so rolling in it. It used to drive my best mate mad and he was always on at my mum to charge me rent, but she never did

You're saying that as if its something to be proud of

[Dog Star]

KFC said:

You're saying that as if its something to be proud of

It is!

[telecat]

The fact they both work at the moment has taken such a drain off our resources it's like having another wage!!!

[axgizmo]

I think I was paying £100 a month before I moved out