Food & Drink0 min ago
charging my child rent
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For more on marking an answer as the "Best Answer", please visit our FAQ.Hi kikimon, I guess it depends how much he earns and what your circumstances are. When I lived with my mum when I was younger I worked part time and bought home �45 a week, of which I gave her �15. I have a couple of friends that still live at home and earn pretty good money one of which gives her mum �45 a week (or is supposed to!). Obviously he needs to cover his keep but if you ask for too much he won't have much for himself and it could end in arguements!
Hope this is of some help.
I suggest the going rate for a bedsit as shown in the local paper. This to include food, laundry, TV licence, electricty etc, which means that he gets an idea of what the real world is like, plus a cushy ride (presuming you want to spoil him a bit!)
But not charging him full price should be dependant on his saving a sensible amount each month & not bluing the lot on CDs and beer. And taking his turn at the cooking, shopping and other household chores - if he had his own place, he'd have to do 100% of it.
Hello!
When I lived at home my mum let me choose how much I paid her for keep! At the end of each week when I got paid we worked out what I could afford, then added a tenner (I think) and thats what she got! However, 'cos shes a little gem, I used to get the whole lot back every 6 months or so, to go towards Christmas/holidays/clothes!!! Was showing me how to easy it is save. And when I did move out, I got a nice nest egg to buy some things for my first place!!
One of my friends mum's used to charge her 25% of her earnings, flat fee and extra if they had take-aways etc, on top of this she had to do her own washing/ironing and share the household chores!
My brother in law still lives at home (he's 32), never lived on his own and only pays �25 a week, has all his cooking/washing/ironing etc done for him. Lucky thing! The difficulty is he now isn't able to budget and we worry what will happen when he lives on his own, he is always in debt (how?!?!?!?!), and I'm sure it will only get worse.
I think you should charge a 'reasonable' rate, as presumably one day he'll move out which will be difficult enough, but if he's already used to living on a budget it will be so much easier.
Anyway, that's my pearls of wisdom, hope it helps!!