How much rent to charge 18 year old?

i don’t think that is an issue. Like I said, he is saving to buy a house with his girlfriend. I don’t need to pay for his clothes etc, but I choose to to allow him to save faster. I’ll let you know if he still lives at home and I am buying his tracksuits and takeaways when he is 42😀

I want to know what I entitled about it. This is a generation with practically no chance to get onto the housing ladder before they are in their 30s and many never will. What exactly is entitled about accepting some help from parents who can easily afford to help out. We were lucky to buy a house straight out of uni in our time. Times have changed.

It's also not tax efficient. An 18-39 year old can save into a Lifetime ISA and for the maximum of £4,000 saved each tax year, the taxman gives them £1,000. Interest is added to the full £5,000 which is probably more than many parents can get. The drawback is the money is supposed to be used to buy a first home so if that's not the plan in the next ten years another saving account might be best.

I mean that in a jokey way, implying he would get too comfortable, but do you really need to pay for his clothes, gym etc too? Surely he can budget for those?

What a weird comment. Why should a working adult pay nothing and have their food and bills paid for them? No wonder you get so many entitled people these days.

I'd let her pay for her phone but I wouldn't charge anything else.

No wonder so many elderly parents end up in care homes...

I also don’t want to get rid of him. I love having him at home. Why would you even say that?

Do you know how much they need for a deposit to buy a house in London or near these days? Even with him saving most of his salary, it will take him years. This is why we support him because we can. I don’t understand why you would have an issue with this. I feel really lucky to be able to help him get on the housing ladder and will do the same with his younger brother when the time comes.

My son never paid a penny and we never agreed to that.
He's still talking about cash gifts.
My DD who's a student offers. She can't afford it.

Both my DH and I are in our sixties and could do with a downsize. When he's gone we're off!

I think £200 is reasonable.

He earns enough to save for a house AND pay for his keep, even if you don’t need it. Why on earth do you still pay for gym, clothes and shoes? You might find it impossible to get rid of him!

Well you are not his girlfriend and his girlfriend is also being supported by her parents in the same way. I don’t go out and choose his clothes for him obviously. I just tell him to put it on our card. Why is that an ick?
Surely if you can afford to support your adult child to save for a deposit so they can become homeowners rather than renters that’s a great thing. No need to feel ick about that.

So back in 2002 I was 16 and my mum told me college or FT work and rent would be 400 pcm

I went for college and PT job where I brought what I 'wanted' my mother brought what I 'needed'

Take more from her, and if you don't need it for bills then put it aside so she has a lump sum for deposit either rental or buying when the time comes

Or you can advise she needs to save more for a course when she finds her path

We gave our 18 year old a good few months to enjoy his wage then we asked for £40 a month. It's more a token amount that we're secretly putting away for him. He already puts most of his wages into savings. He earns a little more than your daughter does, plus has a night working at the local takeaway so uses that money as his 'free to spend on whatever' money. He's out working most days so we're probably saving on bills with him not being in so much. He thinks he's putting towards bills but I'm looking forward to being able to gift him it back as a lump sum when he needs the cash boost.

If the "goal" is to teach money management, I think there are better ways than charging them over 20% of their income.....Particularly for the parents who are financially secure and still charging rent "for the lesson", then they need to be honest about what lesson they are really teaching.

An 18 year old already knows that money has value; they're working - they understand effort = income.

I personally don't think you teach independence by squeezing early momentum, teach them by helping them build leverage; skills, savings and confidence.

The exception would be if they refuse to work or contribute in any way, if money in the household is genuinely tight or if there are behavioural issues.

If my 18 year old is working and trying to save, then my preference would be towards support and structure and not rent!

I think by charging rent you the lesson your child may take away from it is, now you are an adult you're on your own, that home is conditional or financial contribution determines belonging.

Some of you believe that by charging you're teaching resilience, but could it not eroding the sense of security your child feels?

Being students and working part time is a totally different scenario to someone who is not a student working and I agree I wouldn’t charge them in that scenario either.

I have not come across this! Not sure a sibling should fund a younger sibling’s house purchase….

if I was his girlfriend I’d have the mega ick if mummy and daddy was buying his clothes and shoes .

Do what you have to do, get her to pay for her own phones.

Both of my DC actually wanted to pay rent, we charge them £50 a week. They do their own washing and contribute to the running of the household too re chores. I generally do the cooking but both are capable. They both feel strongly that they contribute and know it’s definitely that - a contribution rather than a realistic proportion of the cost of running the household.

I remember telling a work colleague about this a couple of years ago, they were about 27 and living at home rent free and actually told me I was exploiting my DC by charging them anything, they were genuinely affronted. I was genuinely affronted at the level of entitlement, but said nothing!

I left school in 1966 always contributed,it was called "keep"
. Friends that paid nothing, got married and were absolutely hopeless at budgeting,no idea of the cost of anything..I have a friend with a 40 year old son,back at home earning very good money (plus a cash in hand side line). He has cost her a huge amount of money for food,eats like a horse,water and electricity bills now through the roof..he doesn't pay anything,yet has spent eye watering amount on himself, clothes etc,in excess of £30k in a year. She is almost 70 and very upset.

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No, it smacks of "you're an adult now and along with all the freedom and fun stuff there will be expectations on you".

DS1 is 18, we don't currently charge him anything as he is still in full time education as well as part time job. However he knows he will start to pay if he chooses to leave full time studying. He will also be asked to take over a fluffy bill such as Internet partly for credit score and partly for the experience of getting quotes, arranging switchover, managing account.

He is currently responsible for his own phone, clothes, toiletries, fancy foods he might want etc. This is because he has disposable income and wants higher end stuff than we get normally.

He also is responsible for more of the day to day running of a house. The expectation is that if he finishes early he does something e.g. load of washing, wash up, prep tea. TBH he probably is more aware of what it takes to keep a household running than a lot of the males I see posted about on here. He is always shocked when he hears how pampered his friends are and says he would be embarrassed to be that cuddled and clueless.

£900 a month and you want to take £200?

I would get her to save £200 a month towards a rental or a deposit to add to whatever you've already saved for her and tell her that she absolutely pays her own socialising costs but nope, on only 900 quid I wouldn't take anything in 'rent'.