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Parenting

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Original poster

Keep money

23 replies

Wysiwig · 01/03/2011 22:38

Not sure if this is the right topic, but I'll give it a go until I'm directed elsewhere..

I am a lone parent and I have a DD of 20 who works almost full time (part time with a bit of overtime) what is a fair amount to charge her for rent?

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scotlass · 01/03/2011 22:41

Remembering many years ago - my mum used to charge a percentage of my earnings as keep. She knew my out goings so was firm but fair

Original poster

Wysiwig · 01/03/2011 22:44

SL can you remember the percentage?

OP posts:

Monty27 · 01/03/2011 22:57

Mine took 50%

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LoopyLoopsHulaHoops · 01/03/2011 22:59

I would say it depends what you pay for, and how much she helps out in the house, but 25% seems fair.

Original poster

Wysiwig · 01/03/2011 23:02

Really monty? Are you in any way related to Gordon Brown

OP posts:

ethelina · 01/03/2011 23:05

My mum charged 20% of earnings.

marriednotdead · 01/03/2011 23:09

I had to pay 25% when I first started work too.

Have told DD I will not charge her once she starts working (September hopefully) but only because she intends to save for a deposit to get on the property ladder. If I see her splashing the cash then I will charge her, even if I end up saving it and giving it back to her when she eventually goes.

TheSleepFairy · 01/03/2011 23:12

I think I will take 50% & save it for her, she will be pissed but gratefull in the end.

Original poster

Wysiwig · 01/03/2011 23:15

My daughter is a spend thrift, that's why I'm charging her. Not an awful lot either judging by what's been posted...but, I love her dearly and she has never given me a days problem, I know..a softie

OP posts:

LoopyLoopsHulaHoops · 01/03/2011 23:17

How much then?

scotlass · 01/03/2011 23:18

ROFL Wysiwig, left home 21yrs ago and can't remember yesterday . I think it may have been 20%, I was running a car so think she was lenient due to that

CameronCook · 01/03/2011 23:18

Depends how much she earns and how much she costs you

Original poster

Wysiwig · 01/03/2011 23:25

SL..must have been 10 shillings a week back then

LLHH..I'm charging her £125 per month, she prob brings home around 600-900 per month.

CC She's pretty low maintenance..

OP posts:

Facebookquery · 01/03/2011 23:29

200 a month, ds earning about 900 clear, not sure what percentage that is...brain addled at this time of night!

Original poster

Wysiwig · 01/03/2011 23:34

Thanks guys for all your input...now what to do with my new found wealth

OP posts:

LoopyLoopsHulaHoops · 01/03/2011 23:35

Sounds fair. Whatever, it's your house and your DD!

Monty27 · 04/03/2011 18:41

Wysiwig you said it! I earned very low wages at the time as well

I'm a single parent and dd is working part time as well as being at sixth form, she's 'taking home' about £360 a month and I get nowt! But she's paying her own way in terms of clothes etc and spends a lot of it on driving lessons. The odd bunch of daffs wouldn't have gone amiss though.

sarahtigh · 05/03/2011 08:24

I think at least 25% but no more than 50% but it should reflect costs

25% of council tax as you lose 25% discount
50% food bill, heating and phone,
£30 a week for her room

if that is too much tell her that is what it actually costs and any less is being very nice

cory · 05/03/2011 10:49

what sarah said

if she is being fed at home and has access to heating, electricity, telly, phone, baths etc, then unless she is a very high earner 25-50% is probably not excessive

let's face it, how many of us have 50% of our wages left over for clothes and pleasure once we have paid for housing, food and utilities? noone I know of

aPixieMomma · 05/03/2011 15:40

I think 50%.

She might be pissed, but 25% you can put towards bills and save 25% (without her knowing) then she won't be so pissed once she wants to move out and you hand over her deposit.

aPixieMomma · 05/03/2011 15:41

Plus if you charge a percentage rather then a set amount, the amount you are taking will reflect in her earnings going up/down!

Scruffyhound · 06/03/2011 15:13

I was 16 when I started work and workd 4 hours a day as well as going to college. I earned £62 per week (did the same work as people over 18 but got paid less as I was 16 ) mum took £20 per week and I paid for my own bus pass for college whihc was £7 this was 1993 by the way!! I think about 20 - 25% is fair. I did hear of other people taking 50% and saving 25% or all of it up for their kids and giving it to them when they moved out or needed to buy a first car or something. I saved my own money. Mum did buy me a TV and Video player for my room as I had passed my GCSE's I had to pay 1/2 she paid the other 1/2. My dad was always in and out of work so mum gave me all that she could!

Scruffyhound · 06/03/2011 15:22

To add to this topic I did move in with my DP parents (even though I had my own house after a divorce) they had loads of money it was a 6 bed house me and my DS moved in I thought it was soo sweet of them to let us stay there as me and DP lived 2 hours away form each other. We wanted to see how we would be if we lived together. So I got a job there for a little while. I had to pay my mortgage and other bills for the other property. Bear in mind my wages were gone on childcare and paying for my house so DP had to pay our rent. He was paying £70 per week. He ended up paying £560 per month for me my DS and him self bear in mind these people owned a house that is worth a million at least. we wanted to move out but could not afford to due to my mortgage (and my house would not sell) and his rent. I thought this was really mean. I left in the end as the dog was horrible and living there was not nice I went back to my own house..... fast forward 8 months me and DP now live in our own rented house and I rent out mine. We really are struggling no sign of help off his mum and step dad.....

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