I may have the only teenager who agreed this was fair....

[DoorstoManual]

He has landed a job, it is full time he will be on £10 an hour, he asked what we required for bed and board.

I said £400 a month.

He said, presume that includes food......... I said it includes everything, he said that is a bargain, thank you so much.

We will save it for him, but I was so impressed that he already knew it was good value.

He sat down and worked out income, tax, NI, travel, phone etc., it was a revelation.

For the record, we have been very fluid financially for the last ten years of his life, but he has clearly not forgotten the tight times, not bone crunching tight, but tight.

If you’re just going to be saving it then encourage him to do it. Go through the Hargreaves Lansdown top funds and choose the top 3-4 and open him a stocks and shares ISA.

Change17. I didn't think Op was, nor do any other parents I've come across.

You've taken the wrong end of that stick.

@GrumpyHoonMain

If you’re just going to be saving it then encourage him to do it. Go through the Hargreaves Lansdown top funds and choose the top 3-4 and open him a stocks and shares ISA.

You missed that paying his keep was his own idea. He doesn’t know he’s getting the money back and won’t until he leaves home.

Even if not stocks and shares It would be doing a bit more in one of the LISAs mentioned above. It maybe time for a chat about tweaking the plans!