How much rent to charge 18 year old?

Unless money is tight for you I would charge her full market room rent and get her to save it all. This builds up her savings and gets her used to living on a more realistic budget.

You daughter is not capable of saving herself? Then yes that makes sense I suppose.

I’d be asking for £300 a month and would put it in a high interest account to give back to her as part of a deposit for her first home when the time comes

Simply put. The parents that help their children when they are first starting out in the world of work and don't automatically jump to seeing their children as pound signs, end up with far more self sufficient children sooner than the ones that do. I can think of so many people that I know personally that can prove this beyond doubt. Charge your children rent if you must, but your children will be in their 30's just managing to scrape by a rent, while the offsprings that have been given a helping hand will have probably saved for a deposit or living in their first bought house. I can't believe I am having to spell this out. It is not rocket science. If you really want to see your children lead independent lives, help them when their young and watch them flourish. Parents that don't are just shooting themselves in the foot!

I would feel embarrassed if I asked my children for money personally. I have more than enough money. It’s not an issue for me at all.

Sure, a bit sooner than, say, OP’s child. £200 per month for a couple of years won’t make much of a beneficial difference in terms of a deposit for someone in their 20s buying a property over 25 years. Moreover, I would rather take the small financial hit and financially contribute to the increased bills and not feel an embarrassment, regardless of my parents financial circumstances.

No but people who say " I would never" don't seem to realize that stuff can change.

In a nutshell.

Yeah mine will be able to save more and become home owners sooner. I don’t want or need their money. I recognise that is a lucky position for all involved.

I am not going without. I have said it all my posts I understand not everyone can afford to support their children in this way and that I feel lucky to be able to.

Which they can become by saving hard and financially contributing whilst living at home and not leeching.

So the parents have to go without? Bearing in mind I'm talking about the young adults paying THEIR OWN COSTS . Not the parents making a profit. Young adult earns 35k for example. Parent is disabled and gets universal credit. Why would the parent being subsidizing someone who has a far higher income

It’s not about the kids having lots of disposable income. It’s about helping them to become home owners. Not renters!

This is what the well off people don't seem to get. Many of these posts are looking from a very privileged point of view saying they would never charge adult kids. Wonder what would happen if they became disabled and husband fucked off, would they starve so young adults can't have lots of spare money

Id imagine very few are doing that though

Then I am happy for mine to “free load”
off me and help them towards a secure future and owning their own home. I can’t well afford it. I don’t need my children’s money.

Some parents have better business acumen though. They’re hoping to fund their retirement from offspring contributions. Whatever happened to helping out family members because they’re family, and not so you can gain financially from them?

Exactly.

Congratulations, you win the award for most bonkers comment on this thread. It's not 'money grabbing' to expect grown adults with wages to contribute towards the food and bills.

Please explain how she is ruining her child's future. What a ludicrous statement. She isn't 'making money' off her kids- that money simply covers their living expenses.

That meets the definition of 'freeloading', I'm afraid.

If they’re working full-time, they can save hard AND financially contribute. Plenty of people do it. You know, the ones who aren’t leeching.

They are not freeloading though. They are living with parents who can well afford to support them on their way to independence and will probably be home owners and independent way before the kids who have to “pay keep”.

Btw - I completely understand the parents who just cannot afford to pay the bills and need help.

We always suggested save a third, spend a third and pay the remaining third to parents as rent...always seemed fair all round

I don't think of it as 'rent'. My dc aren't that age yet, but when I was younger and living at home and working full time (which wasn't for long as I moved out at 20), I would have been embarrassed to not contribute anything. We're a working class family - my parents worked very hard to ensure my sister and I didn't go without throughout our childhoods. The thought of earning money and just sitting there keeping it all to myself while living in my parents' house as an adult was just... no. That would have been wrong. Aren't these 'adult kids' embarrassed to be freeloading off their parents? Not yours OP, I mean some of the others mentioned on this thread. We agreed an amount of 'keep' - it was to cover my share of the food and bills etc. As an adult.