How much rent to charge 18 year old?

But he knows that it is a possibility at some point.

I charge board because I can't afford to pay for another adult to live. And even if I could, I wouldn't

She gives me 12.5% of her wage each month and pays for lunches, toiletries, transport and her own bills out of that. She also has to put money in her savings each month

It worked out fine for my eldest, she started working full-time at 18, spent a few years living her life and going on holidays, then bought a house at 24

I don’t understand the theory of taking money off them to teach them how to budget but then handing it back a few years later. That’s not realistic, let them save it, let them feel the buzz of knowing THEY did it. Thats just my thoughts. Unless of course you are clear with them what the plan is…then they know what’s happening and they see it as saving.

I don’t buy into the rhetoric of working adults living at home not and whether you need the money or not is irrelevant. The ones I know who were never charged board have this sense of entitlement and are utterly shocked when they leave home and have to start paying their way.
I think £150-200pm in your daughter’s circumstances is fair. If you don’t need the money put it aside and give back to her when she leaves.

DS pays us 100€ a month, 50€ is ‘rent’ the other 50€ covers his phone, PlayStation stuff, tv subscription thing.
We are saving it all for him (he doesn’t know) so one day, it’ll be a little lump sum for something. But it gets him used to budgeting, even though it’s a small amount. He has a full time job and a part time job.

I would charge her nothing but encourage her to save. In my extended (Asian) family, charging young adults is unheard of (unless there or poverty of course) and they all successfully ‘launch’ with very good work ethics.

We don't charge our 18 year old who is working full time on the understanding that he saves well, she should be saving more than £50 I think.

He has about £1,600. We sat and worked out a budget with him.

£1,000 to ISA (figure this will lower as he starts driving lessons etc but for now he can do this)
£200 to a short term savings account (towards holidays/concerts etc)
£200 to live
£200 is now extra as he got a pay rise

When we have discussed rent it has been (as a full timer) around £100 pw, but for now we would rather he saves this.

Yes but I don’t see making money out of dc as a priority. They will have a much tougher time in the jobs market and housing market than us. It sounds pretty mean. I’d encourage saving and getting a better job. We gave huge house deposits to our dc. We didn’t take from them.

I actually love this idea and haven’t heard it before. I’d definitely do this.

Don’t you have to pay to live in your own home?

It’s not an unusual concept… and your daughters will one day indeed pay to live in their own home if they become successful independent adults.

£200 is fine, its less than £50 a week. I charged mine £50 a week 10 years ago.
My mum used to take 1/3 of my salary 40 years ago which l thought was fair. I still had loads of disposable income.

Stop charging her rent and get her to start a private pension and put the money into that instead.

Another reason for charging board is to take the opportunity to put some more money into your pension, most people could do with investing more, and if you are old enough to have adult kids it's going to come sooner than you think!

So many people on here seem to think we should keep on putting ourselves last for the rest of our lives by dint of deciding to have children, even if we have done our bit and successfully launched them!

£200 seems a lot tbh for an 18 year old. If she’s earning £900 then putting £50 in ISA, that’s £850 you then take away £200 that’s £650, how much is she trying to save each month for a car?

I wouldn't charge a teenager working part time any rent. But I would expect them to pay for most of own food/groceries. And their own phone, going out etc.

Once they were full time then I'd start charging a proportion based on how much utilities etc are used by that one person.

Zero ! She’s your daughter !
unless money is seriously tight for you

I wouldn't charge her rent, but let her start paying for her own phone contract and put more money away into that lifetime ISA. She'll need to think about things like insurance, tax, MOTs, servicing and fuel money for the car as well.

I wouldn’t charge my 18 year old anything unless I needed the money. I would instead encourage saving as much as possible for her future goals.

Nothing, but tell her to up her LISA to £250 a month.

If she is only saving 50 a month what on earth is she spending 850 a month on when all her food and lodgings are paid for by you?

I would absolutely take 200 or 300 for her and save it for her.

nothing as you said she is saving for a car and I’m assuming driving lessons then house deposit in the etc . Why charge her rent ?

£900 pcm is a good part-time wage. I don't get this charging nothing, take a contribution to the household and teach some financial responsibility. I'd ask for £300, to include rent and everything you've listed. I'd put £50 of that into her ISA, and £100 into an account she doesn't know about - to give back when she starts to talk about wanting to move out.
You haven't said how much you need to have a contribution. Don't go short yourself and end up watching her out enjoying spending say @£200 per week on whatever she feels like. Be fair on yourselves as well.

If you can afford to, I wouldn't charge her more than a small amount that I'd put into a savings account for her future.

To be honest unless I needed it i wouldn’t bother. But what I would do is ensure that she is saving a good portion (imo 50 is not enough).

£200 to a freshly 18 year old is a lot of money! She’s showing she’s responsible by adding to her lifetime isa, you should arguably be encouraging her to fund more into this than pocketing it yourself, unless your finances are so tight that you actually need the money.

I would suggest that the best thing to do would be to suggest she pays £200 into her lifetime isa in lieu of board, if she doesn’t want to do so then yes fair enough to charge. This still teaches her life skills around money whilst putting her in a good position to buy a house in the future.

Alternatively, if you are really set on charging her then £100 is a much more reasonable amount.