Rent for child

[HannaBannana]

My daughter is planning on moving back home to save money for her own place - she moved out to rent a place with her then partner at 18 and has since broken up with him. The plan to move home is to help her save money for her own place now at 21 and I was aiming to charge her £100 a week. She is not happy with this as she pays just slightly more than this where she is now so she won't be putting much more in savings away and is a 3rd year university student. I have taken into account then when she gets her first job her take home pay will be about 1500 pcm from August. The £100 a week would include the room and bills but not food or chores and I would also expect her to look after her younger sister when I am at work. Is this amount of rent an unreasonable amount? She has her own car and phone that she pays for as well.

That’s a lot. I’d be thinking £200 per month. Do you badly need the money?

I agree with the poster above. Over £400 a month is more than anyone I know has paid rent at that age/place in their life. I think £200 is fair. I wonder if you charged £100 PW you could put half away for her and give it back to her when she moves out. However, if you need the money to genuinely pay the bills I think that's fair.

£100 a week for room and bills, more for food and you expect her to look after her younger sister when you're at work plus chores? Jeeessh, that's far too much!

I'd charge half that at most!

Are you going to pay her to babysit her younger sister when you work?

That way too much especially as you expect to help with childcare and buy her own food.
Charge her more when she's get a job in Aug, till then I woukd charge her anything but expect her to but her own food, she's gonna to be a massive help with childcare!

wouldn't charge her anything

Far too much.

Too much. My son has just started a post grad job and is at home until he can find a flat in London…almost impossible TBH .
His train fare is over £500 month and I have said I don’t want any money as long as he is saving.
If I did I would probably ask for £50 max a week and that would include food.
He does pay for any extras he picks up from supermarket whether that is for him or all the family..swings and roundabouts

If she is still in school, you shouldn’t be charging her anything to live at home

once she is working, up to 30% of income should be going towards housing, but that can be rent to you that you save on her behalf, a small rent to you to cover actual costs of having her live with you and a commitment on her part to save the remainder of the 30% each month, or some other mix.

not reasonable to expect her to provide free child care while you work. She is supposed to be studying and then working herself. She isn’t your live-in nanny.

If your rate is that high she's unlikely to move home so you won't get free babysitting or help with chores, and your daughter may resent you for being unsupportive.

Unless you're totally skint, that seems excessive. And why are you not feeding her?

Just to clarify, “some other mix”‘ means some other mix that puts the money into savings, not your pocket. At most she should cover your costs once she finishes school. The rest of the money should be saved.

I agree with others that it's a lot. Do you need that much?

Rent
she has to pay for food
she has to provide childcare

no, just no. Far far too much

That sounds a lot. DD 25 still lives with me and we split all bills down the middle - utilities, water, insurance, household stuff - and she buys her own food. So I don't make anything but she doesn't cost me anything either, and is able to save quite a lot. She does all housework too, but that's because she thinks her standards are higher than mine.

I think that’s completely reasonable assuming you need the money, but I would include food and pay her for babysitting. If you don’t need the money then YABU.

Is this a reverse?

Just in case it's not, that's a very unreasonable amount especially when you're also planning on making her pay for her own food and be your childcare.

Far too much!!!

My parents wouldn't have charged me anything but if you need income then I'd say 200 max

That's a huge amount. We charge 25 yo ds £250 pm and that includes food

Dss not ds

If she's a student I wouldn't charge anything. Once working £50 per week if chores are required, £100pw including food and no chores like babysitting!

My son is on a gap year and currently working. He brings home around £340 a week. I charge him £50 a week and he saves £50 a week. It includes everything, food, washing etc etc. If he fancies something different to eat he'll pick it up from the supermarket.

Ridiculous unless you are really skint and desperately need the money. Most parents are paying out to help their kids through Uni years not taking from them.

Lol

I'd not take more than £200 a month

Free babysitting, so she can't work PT as a student and £100 a week from student finance? Sack that she may as well stay where is or get a room share