Meet the Other Phone. Child-safe in minutes.

Meet the Other Phone.
Child-safe in minutes.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

How much rent would you charge your offspring?

36 replies

NoahVale · 11/08/2015 09:10

DS has a job now.
full time.
I imagine he will take home £200 per week or thereabouts.
We will lose some of our housing benefit due to this.
I have no idea the going rate to charge him for his room

OP posts:
Fixitwithwine · 16/08/2015 21:23

I used to be charged 10% of my wages, I will probably do the same with my kids

candlesandlight · 16/08/2015 21:31

I would charge him the amount of lost hb or a quarter of his income. I don't think it is unreasonable to expect an adult to contribute to the household, and if you want you can always save a bit for him.

NoahVale · 17/08/2015 06:49

hmm, probably go somewhere between 10% and a quarter of his pay.

OP posts:
toomuchcoffeetoomuchwine · 17/08/2015 07:10

You would be doing him a favour in the long run if you charged him a decent amount of rent, made him do his own washing and cook for everyone twice a week. This will prepare him to transition to moving out. You can always put some of the rent money aside for him as a rent deposit for him to use when he eventually moves out. Please don't allow him to stay a big baby.

Kennington · 17/08/2015 07:26

Nothing- a small contribution to food if you really cannot afford it.
Kids need help to get started, particularly these days.

NoahVale · 17/08/2015 07:36

I dont think he wants to stay a baby, he loves his independence and the feeling of being an adult. As he should at his age Grin

OP posts:
YonicScrewdriver · 17/08/2015 07:47

Cereal

Are you serious? HB is assessed on the basis of the household income. He has just increased that household income. Of course he needs to contribute. If OP works more HB will go down again because it will still be based on the household income including DS.

Kennington, sure it's hard for kids starting out - but it's hard for the OP also.

OP, as others have said, you need the amount of the HB reduction plus something for bills - maybe make the bills part a % of take home pay?

Floundering · 17/08/2015 07:50

My son is at college but has a w/e job & gets an allowance from his Dad. He pays me £100 pm ( or one tank of petrol & one lot of shopping) as I have lost his maintenance. He buys all his own toiletries, snacks etc. good budgetary skills for later in life .

Funinthesun15 · 17/08/2015 07:55

I wouldn't charge a child to live at home but would expect them to save for when they move out.

My parents did charge me, but unknown to me at the time, they put it into a savings account and I was given the money 'back' when I moved out.

My parents wanted me to get into a routine of paying bills etc.

It was a good idea as it made me budget and feel that was 'paying my way'

Junosmum · 20/08/2015 20:35

My mum charged me £180 a moth 10 years ago. But saved half of it (without telling me) and when I moved in to my own place gave me £900 - half of what I had been paying her. It was a nice surprise and really helped with getting myself sorted and independent. As I didn't know it was coming I'd sorted myself out financially so this was a bonus. It also ensured that my mum wasn't out of pocket re heating, water, food etc and gave her a very tiny profit - but considering what she's done for me over the years I really didn't mind.

Paying the rent every month helped me learn to budget too.

My mum is now doing this for two of my brothers (the third is still in full time education). One is saving for a house and has nearly £15k in the bank, he's being paying rent to my mum for 3 years now and she's saved him nearly £5k - even though he doesn't know it. (She charges him £250 a month, he earns about £16k a year).

ExConstance · 28/08/2015 09:19

I'm quite shocked that so many posters think it is OK to have adult children living at home paying nothing. I believe that we support and pay for them until they have finished thier education and then they need to be independent. The cost of providing a room, a share of gas and electricity and food probably way exceeds ?50, but ?40 - ?50 is probably about the right amount.Yes, if you can afford to it might be an idea to save it as a bit of a leg up for when they buy or rent their first home. OP is struggling and she needs her son to contribute regardless. On the student threds there is comment that you can't feed someone on ?25 per week, the relationship threads are full of complaints about entitled men who pay nothing - cocklodgers - youn people need to learn to accept responsibility for their own expenses once they are working.

New posts on this thread. Refresh page
Swipe left for the next trending thread