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By (user no longer on site) OP
over a year ago
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How much rent (if any) should an 18 year old (with a job) be paying his/her parents for
Full board
Washing
Ironing
Food
Own room
Internet
TV
Etc etc
How much (if anything) a week?
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By (user no longer on site)
over a year ago
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It depends on the circumstances. How much they are earning, how much the parents are earning. One thing I would say though is they should be pulling their weight in regards to washing and ironing etc |
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By (user no longer on site)
over a year ago
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Depends on the circumstances and how good the 18 year old is with money. If they’re natural savers and you know what they’re spending it on, nothing because they already are probably saving for a goal. If they’re awful, I’d take some rent but I wouldn’t use it. I’d keep it aside and it can go towards a rental deposit in the future or a house deposit. If the family is struggling financially, maybe use a bit of it and keep the rest aside for those deposits. Depends. |
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By *rHotNottsMan
over a year ago
Dubai & Nottingham |
I always told mine at 18 they leave home to become an adult - study or work.
If they study I’ll pay their living costs or they can live for free with me - to degree or masters only not phd.
If they work instead and wanna stay home for a while they pay their full share of the bills, so about £750 a month. I wanted to encourage them to study but if not then understand things like housing costs money |
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By (user no longer on site)
over a year ago
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I’d take a % from their wages but I’d put it in savings and let it build for whenever they’re ready to move
It was my choice to have a kid, them turning 18 didn’t change that dynamic, my parents did that to me and I felt horrible because of it
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My son left home at 16 but came back for a bit when he was about 20. Can't remember how much I charged him probably about a third of his wages
I know it covered everything from deodorant to take away once a week |
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When I was approaching the end of secondary school, my dad said “You need to be learning or earning, I don’t mind which, but you have to be doing something.”
Now my lad is a similar age I feel the same way.
I’d say that, broadly, 1/3 rent, 1/3 savings, 1/3 spending is fine, provided they actually save. I don’t think my lad has the willpower for that at the moment.
Personally, I plan to let him know a clear cost of the share of the monthly outgoings and say that his rent will be 50% of his take home until he’s earning more, then he can just pay his share.
And, because I’m not a complete monster, I plan to put the money he pays to one side and give it back to him towards whatever deposit he needs when the time comes to move out.
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By *inx.x3Woman
over a year ago
Bath |
I was charged £100 a month.
I doubt il charge my daughter anything to be honest and if I do it would be something like the amount I paid above.
I would never charge more unless I was saving it to give it back to them when they did move out. |
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Take 20% and promise them it’ll be all they have to pay and in really, REALLY, minuscule writing write “subject to review and all rises will be in line with inflation”.
Then go on strike a few days a week so their washing doesn’t get done, no dinners etc and say “there’s not enough in the pot to carry on this service”.
Then move their bed into the landing and keep the light on and every 5 minutes play an ambulance siren. Maybe get another lodger and move them into the room.
Then when they’ve had enough and move out hit them with a parenting bill that you’ve just made up and tell them they either pay it via instalments or they have to work until they’re 80 whichever comes sooner. |
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By *assy69Man
over a year ago
West Sussex and Wales |
"How much rent (if any) should an 18 year old (with a job) be paying his/her parents for
Full board
Washing
Ironing
Food
Own room
Internet
TV
Etc etc
How much (if anything) a week?
"
I used to pay my parents one third of whatever was in my pay packet which always evened reasonable to me |
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By *rHotNottsMan
over a year ago
Dubai & Nottingham |
"When I was approaching the end of secondary school, my dad said “You need to be learning or earning, I don’t mind which, but you have to be doing something.”
Now my lad is a similar age I feel the same way.
I’d say that, broadly, 1/3 rent, 1/3 savings, 1/3 spending is fine, provided they actually save. I don’t think my lad has the willpower for that at the moment.
Personally, I plan to let him know a clear cost of the share of the monthly outgoings and say that his rent will be 50% of his take home until he’s earning more, then he can just pay his share.
And, because I’m not a complete monster, I plan to put the money he pays to one side and give it back to him towards whatever deposit he needs when the time comes to move out.
"
I’d like all that except the last bit saving what they give for them. I wouldn’t want to treat them like children , by 18 they have been taught the basics of finance; saving, budgeting, generosity , business skills etc and it’s time for them to practice.
My youngest daughter takes the max student loans while living with me for free and works 2-3 jobs through uni , invests 3/4 of her income so has her deposit already |
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By *inx.x3Woman
over a year ago
Bath |
"When I was approaching the end of secondary school, my dad said “You need to be learning or earning, I don’t mind which, but you have to be doing something.”
Now my lad is a similar age I feel the same way.
I’d say that, broadly, 1/3 rent, 1/3 savings, 1/3 spending is fine, provided they actually save. I don’t think my lad has the willpower for that at the moment.
Personally, I plan to let him know a clear cost of the share of the monthly outgoings and say that his rent will be 50% of his take home until he’s earning more, then he can just pay his share.
And, because I’m not a complete monster, I plan to put the money he pays to one side and give it back to him towards whatever deposit he needs when the time comes to move out.
I’d like all that except the last bit saving what they give for them. I wouldn’t want to treat them like children , by 18 they have been taught the basics of finance; saving, budgeting, generosity , business skills etc and it’s time for them to practice.
My youngest daughter takes the max student loans while living with me for free and works 2-3 jobs through uni , invests 3/4 of her income so has her deposit already "
Giving money back that you have saved isn’t treating them like children. It’s just helping your children in life. |
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I had to pay 20% of my wages for board and lodging from the first day of starting work way back in 1958, This was no bad thing as it prepared me for the many years I would stay in Digs whilst working on construction sites all over the Country. |
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By *ady LickWoman
over a year ago
Northampton Somewhere |
We have let our son off paying rent for the first year now he has a proper job.
My eldest pays £100 a month which I think is enough. Also we are saving that for him to put towards a deposit on a house when he gets to that stage.
It's called helping your children out in what is a very different world compared to how things were when I was at their stage of life  |
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We didn’t charge our sons when my son turned 18 he’d been with his gf a while and she moved in and instead of paying us rent they put it in savings for a mortgage.
He’s just turned 24 and they have just bought their first house.If I had charged them rent it would have made it that little harder for them to get on the property ladder. |
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By (user no longer on site)
over a year ago
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I would take £100 but only if she was in a full time job. I'd put the money straight into savings and give it to her when she moves out. I am happy to cover everything but a phone bill when she turns 18 without expecting anything in return. I'd only be taking the £100 to teach her to contribute and to give her an idea of what to expect. I did bring her into this world, so I'll support her as long as possible. |
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