How much rent do your kids pay (at home)?

How much rent do your kids pay (at home)?

Author
Discussion

CRA1G

6,529 posts

195 months

Wednesday 26th February 2020
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My wife won't take a penny.... one 34 year old still at home and we had our other son and his fiancee at home for two years and my wife wouldn't except a penny from them..grumpy to be fair they would take us out for meals and our other son cooks us a nice meal once a week which he buys for and we do get on great,I wouldn't have it any other way,I paid board and still got kick out at 18...hehe

sociopath

3,433 posts

66 months

Wednesday 26th February 2020
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Many years ago my parents followed the rule of if you were in education you paid nothing, but if you were working and could afford to go out etc then you could afford to pay your way in terms of food, Laundry etc. No internet in those days, but paid a share of utilities.

Seems perfectly reasonable to me, if you don't like it, go into the real world and do a comparison. If you don't charge anything they'll never leave and never learn about responsibility

PH5121

1,963 posts

213 months

Wednesday 26th February 2020
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I last lived with my parents when I was in my mid 20's.
I was doing up a house that I'd bought that needed a full refurb which took me two years of evenings and weekends.

At the time I paid £80 per week to them out of a net wage of £350 ish p/w.

It would have been higher but it was frozen for the two years I worked on the house. From memory they put it up £15 every year.

It was great value for full board, laundry, packed lunches and feeding my girlfriend too.

Edit to add this was 20 years ago.

V8RX7

26,851 posts

263 months

Wednesday 26th February 2020
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My wife was charging my 24yr old £100/month which didn't cover the cost.

I was paying that 30 yrs ago to my Mum

RC1807

12,531 posts

168 months

Wednesday 26th February 2020
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I started work in 1986 aged 16 and left home a couple of months before I turned 18.
I paid 30% of my then net income...86 that was £70 / month, 88 that was £95 / month.

I expect our daughters will return home after Uni, but I know any € we charge them will simply be banked to ensure they have more savings.

Cold

15,246 posts

90 months

Wednesday 26th February 2020
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Nothing. But she was annoyingly conscientious and contributed to the housework and the fridge/cupboards off her own back.

I figured the more money she had to save the quicker she'd be in her own flat. And that kinda worked because she moved into rented for about 18 months and then bought her own place a couple of years ago.
Proper modern Ms Independent.

borcy

2,845 posts

56 months

Wednesday 26th February 2020
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I started working at 17 and left home at 18, for that year or so I think I paid something like 20% of my take home pay. It seemed like a lot at the time!

ChocolateFrog

25,261 posts

173 months

Wednesday 26th February 2020
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From memory it was about £200-250 a month when I lived back after uni for a couple of years. That would have been around 08.

That included food, which I'm sure would have taken atleast half of that.

cranford10

350 posts

116 months

Wednesday 26th February 2020
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10% of net monthly salary so they get used to paying something but we will give it back to them when they leave (they don’t know this so we can change our mind !)

ChevronB19

5,778 posts

163 months

Wednesday 26th February 2020
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£80 per month for a 22 year old on universal credit.

She’s just got a job on £8.40 per hour, so we’ll up it a bit, but it’s going into a separate account for when she moves out (god, please, move out!)

Fatball

645 posts

59 months

Wednesday 26th February 2020
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Mine are 7 and 5 and get charged a sweet or a crisp by me as an opening tax when they can’t open their own packets.

Seriously, we won’t be asking for anything but understand there are situations where by people would. I gave my parents £150 a month in 1996.

dci

528 posts

141 months

Wednesday 26th February 2020
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I paid about £300 per month back in about 2013-14 when I was earning £16k a year. Seemed harsh at the time. However, when the time came to buy my first property my parents did give me about 50% of the mortgage deposit which was the plan all along and was a lot more than the sum of all the monthly payments I gave to my parents for the 18 or so months I was paying them.

MellowshipSlinky

14,696 posts

189 months

Wednesday 26th February 2020
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When I started work in 1986 I was earning £27.50 per week.
Gave my mum £10 of that.
They weren’t well off at all, so it made quite a difference to them.

If either of my kids are still at home when they start work, I’ll also charge them.

xjay1337

15,966 posts

118 months

Wednesday 26th February 2020
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TwigtheWonderkid said:
We started off on £200/month when they were just starting out on around £18K/year. But fortunately we don't need the money so unbeknown to my son(s), we save the money into a separate account for them, to be given to them when they are looking to buy.

As it happens, they both save lots of their salary anyway so we have never bothered to increase it as they progressed, as there seemed little point and both are now on far better money.

Even if you don't need the money, I think it's important they contribute. Rather than not charge them, just charge them and save the money for them.
That's quite nice of you smile

My Mum, when I was 16 and started working, immediately decided she wanted me to pay 1/3rd of my full time salary at Sainsburys (which was around £280).

I told her to shove it. Lazy bh hadn't worked a day in 15 years.
I recall I paid her once and then I just refused as it was unfair, I said we can talk about a new amount if you want, but that price was a lot for someone who was trying to save up money.

I wouldn't have minded a nominal amount, £100 for example, but I literally stayed in my room the whole time, didn't eat anything particular for myself (just whatever was around).

She kicked me out at 18 anyway without a job or any savings so I guess you could say she got the last laugh smile

Amused2death

2,493 posts

196 months

Wednesday 26th February 2020
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My stepson's lived for free whilst in full-time education. One still is at college, his older brother was charged £10 a day which got him food, board, washing and internet. He's just left to set up in rented place with his girlfriend and we know he's better prepared for the bills to come because we installed the basics in him over the last few years....

We've told both of them "life doesn't come for free". If you want it you have to pay for it. Neither of them resent our approach.

It's fixable...

468 posts

205 months

Wednesday 26th February 2020
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I paid 16% of take home at 16 and it rose by 1% each birthday till I moved out, this was based on previous years P60.

My Mum kept it in a separate account and "deducted" the relevant matching percentage of household bills from the account.

When I moved out the remaining modest surplus was doled out for "significant" household purchases.

When the surplus was gone the assistance stopped.

Seemed fair, albeit with considerable administration required in the pre-spreadsheet age.

BMR

944 posts

178 months

Wednesday 26th February 2020
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My mate when we left school had half his wage taken off him when he started an apprenticeship. His parents were quietly setting it aside for his future. He got quite a bit when he bought his own house.

If I’m ever a parent and in a good enough situation I’ll do the same id think

classicaholic

1,718 posts

70 months

Wednesday 26th February 2020
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My partners son is earning good money but gives nothing back & does nothing at all around the hotel - sorry house. I have to bite my tongue a lot!

DirtyHands

108 posts

83 months

Wednesday 26th February 2020
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I left school at 17 (15 years ago) and entered the world of full time work with an apprenticeship. My parents who didn’t need the money, charged me £170 a month house keeping to help me learn to budget even if it did feel a little harsh on apprentice wages!

I moved away for work at 20 and rented a place for a few years, moved back home for 6 months at 25 whilst saving for a house deposit, this time rent free in return for helping out with some building work at home. When I found a place I liked with my girlfriend (now wife) my parents sat me down and surprised me giving back every penny I ever paid them in housekeeping towards our house deposit. The £6000 accumulated over the 3 years I had previously paid them for made a huge difference at a time in my life when I needed it the most.

I’ll be doing the same for my kids when they grow up, but as my eldest is only two It’s a fair way in the future

hotchy

4,469 posts

126 months

Thursday 27th February 2020
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Stayed until I was 32. Late bloomer... not really we just decided we was travelling the world before we settled. Great times.

Charged not one penny. Neither was my gf at hers. Infact I'd wake up and my clothes would be washed, ironed and ready to go... dinner would be ready when home.. pritty much professional cooking standards... why the hell did I move out? Haha.

Unless needed you could always charge them £200, keep it. When they finally move give the lot back. My friends parents done that and it was a massive help.

I'll be giving mine any deposit needed when they are older, quicker there out the quicker I'll be back to sauntering around naked.



Edited by hotchy on Thursday 27th February 06:36