board & lodging

[toastybase]

My first proper job at 20 I had to pay 500 a month to mum and that was 11 years ago.

I moved out after a few months.

[iphonedyou]

We didn't, and I wouldn't dream of taking money from my own kids.

There are ways of having them learn the value of money without turning them into lodgers.

[Calza]

Stayed at home until just before my 22nd birthday.

Was at uni till my 21st, then spent 8 or 9 months semi-flexing up in my part time job but never paid a penny through any of it.

I think in the final year I did give £200 worth of sainsburys vouchers in the run up to Christmas though, so I wasn't all bad

Didn't save a bloody penny either!

[amusingduck]

toastybase said:

BossHogg said:

Hogg jnr is 19 and on an apprenticeship, he picks up nearly £900 after stoppages. He gives his mam £200 a month, but doesn't realise it gets it nearly all back in packed lunches for the month. I'll give him his due, he's saving £300 a month towards a car as he doesn't want to buy one on finance.

£200 a month on packed lunches?? What's in them? fking lobster?

Approaching 10 quid a day for packed lunches, barmy.

[Guvernator]

iphonedyou said:

We didn't, and I wouldn't dream of taking money from my own kids.

There are ways of having them learn the value of money without turning them into lodgers.

Yep, my parents taught me financial responsibility without having to make me feel like a lodger. I managed to save up for my first house while living with them rent free so I\they must have done something right and I'll be doing the same for my kids.

On the flip side I won't be packing my parents off to nursing home when\if they decline in old age either so it all balances out. They look after me, I look after them and again I'm hoping to pass those values onto my kids too so they do the same for me.

It does seem to be a very modern Western cultural thing to treat your nearest and dearest like strangers which doesn't really happen in other cultures.

[offspring86]

I moved back home at the age of 28 when I split from my girlfriend. My parents let me live rent free for 6 months to let me get back on my feet, I protested but they insisted and simply transferred back any rent money I sent them. I rented for a year and a half before moving back again to save to buy, this time I made sure they got rent (£250 p/m). They've been a huge help.

My closest friend has never left home and never paid rent, he's going to be 32 this year.

[Morningside]

I remember dad holding out his hand and asking for a pound. "What for"? I ask. Contribution to council tax.

[fido]

My parents charged me 1/2 rent but gave it back to me when I bought my first place - as an incentive to get on the property ladder. It's one of the few positive incentives they came up with .. sadly they didn't incentive me to settle down and not waste my wonga on fast women and high-maintenance women.

Edited by fido on Friday 28th April 14:41

[LouD86]

I left college at 18 (so 2004), and started full time work the very next day. Took home £700 a month, and paid my parents £200pcm.

This continued until I moved out at 21 years old, to which my parents offered me every single penny back. I accepted, and then paid visited our local caravan dealer (parents had been eyeing a new one up, £6000 to change from theirs) paid the price to change, added on another £1200 for a motor mover, which left me £400. So i took them out to dinner, and presented them their order form for the new caravan.

That was worth more than anything I could have done for them, and although the money would have been nice (It would have been spent on my numerous vehicles no doubt) I was earning well, they were trying to finish their mortgage early, and I believe I owed them something.

[taz turbo]

I paid £400/month, thing was for four years I was working abroad and still had to cough up. I wasn't bothered tbh as I had no need for the money, which was fortunate, more on that later....

When I left the nest my folks handed me the amount I paid in rent whilst away back in premium bonds, that was useful, gave me a house with modest mortgage fully kitted out, good job I didn't need it so much, as the now ex wife did.... she took most of it.

Seems all quite amusing now.

Chris.