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Dappy Chick

Kids board - how much do you charge?

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Well the one time that my darling ES gave me housekeeping it was £70 for the month. He ended up borrowing it back though..... :oops::wink::D

 

Bless he's only on an apprentice's wage (actually they've even been underpaying him, he was on below the minimum wage for most of this year - it didn't register with them that he was 18) :roll:

 

I've no idea really how much is a good idea.

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What ages are your kids?

 

Mine are too young for this to apply but when I lived with my parents they didn't take any of my wages as they wanted me to save for a house deposit. This did cause some bad feeling when I spent on holidays...

 

I guess it depends on whether you need the money. Also, whether they are 'sensible' with what they get or if you care about that. You can't tell them how to spend their money but you can take some from them even if you give it back at a later date when they might appreciate it :D

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I paid £50 when living at home 10 years ago or so.

 

But then I was given it all back when I moved out to help pay for furniture etc in my new place.

 

Worked well, as I thought I was contributing etc, and started to get any idea about bills (even though only a smallish amount) and it gave me some unexpected bonus money for when I moved out.

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I paid £50 when living at home 10 years ago or so.

 

But then I was given it all back when I moved out to help pay for furniture etc in my new place.

 

Worked well, as I thought I was contributing etc, and started to get any idea about bills (even though only a smallish amount) and it gave me some unexpected bonus money for when I moved out.

 

This was our idea, we would take the money and put it away for him to try to build up a deposit for his first place. Not that we want to get rid of him you understand! :roll::wink:

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My lad moved out and in over the years and when he came back in his 20's earning more money than me then we decided to ask a proper amount for his digs - he got all his meals, piece bag food, washing ironing and shampoo etc so paid a decent amount of £240/month bearing in mind he did earn a substantial amount - he eventually moved out and bought his own house - he pays more than that a month I can tell you on his housekeeping heating and bills etc.

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I think OH was going on about 10% of the wages. I think that would go a long way to the amount of electricity they use up! But we also thought it would be a good idea to put away some for their future. When DS was working a year ago, until he sorted himself out, I just charged petrol money for trips. He never did sort himself out, so at the moment both are freeloaders too!

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When I was living at home many many moons ago now, I didn't have to pay "rent" but I did have to pay for the use of the car, so I paid the insurance, tax and my petrol, and my Dad paid for the MOT, servicing and his petrol.

 

I think I had it easy TBH.

 

When I moved back to my home town at 26 from Kent, I moved in with my parents for 6 months, I did buy the food shopping whilst I was there and waiting for my house purchase to complete. They didn't ask, I insisted, it was only fair.

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Mine is 20 and works full time & has a good wage for his age.

 

I am a real softie and would not charge but OH thinks that he needs to understand the value of money and learn to pay bills etc - which I understand.

 

I was just curious to know what other people do!

 

You don`t look old enough for him to be 20! :shock: But I feel a bit better knowing he is 20 as I had a mini Phwor moment when I met him on Saturday! :anxious: A woman of my age!!!! :shock::oops:

 

Anyhooooowwwwww.......

 

I moved out of Mum and Dad's when I was 16 but Ex and I lived with him parents when we were 18 and were charged £50 a week each. This was about 25% of our combined wages but i thought fair as we got breakfast, dinner and tea and all washing etc done for us. However we were very rarely in the house as Ex was a stockman so out at the crack of dawn and when i wasn`t working on the PYO I was out with friends.

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What ages are your kids?

 

Mine are too young for this to apply but when I lived with my parents they didn't take any of my wages as they wanted me to save for a house deposit. This did cause some bad feeling when I spent on holidays...

 

I guess it depends on whether you need the money. Also, whether they are 'sensible' with what they get or if you care about that. You can't tell them how to spend their money but you can take some from them even if you give it back at a later date when they might appreciate it :D

 

 

My two were 18 before they started earning - and as a single parent, I did need the money to be able to keep the roof over our heads. They knew it was contributing to the mortgage and were brilliant about it. I would have loved to be able to put it aside for them and give it to them at a later date but it wasn't to be.

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When I first started work in the 80's I didn't earn enough to pay tax, just NI, and proportionally everything cost me more, mum got a quarter of my take home pay (which was around £30 per week, train fare to work was £32 per month). When I got a better rate of pay she had a third of my take home pay. She never asked for this, I just thought it right to make a contribution.

 

Personally I think it is better to 'charge' an amount for board and lodging than nothing at all, life isn't full of freebies! If you don't need the money then stick it in an account for your children to have at a later date. I managed to still save money and buy my own house, even though I have never earned a brilliant wage. Having to pay for your keep is a good lesson to learn!

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We took the view they could live here free, get on their feet and save.

 

As they got more affluent, they started paying for things - usually things that benefitted them like Sky subscription! But they took it in turn to cook and buy food for the evening meal.

 

They are all gone now so it seemed to work.... But if we both weren't working full time we may have made a different decision.

 

You have to do what works for you and them.

 

Tricia

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I've not lived with my parents since leaving for uni, so I never paid board.

But my sister lived there for a year and did pay. Personally I think is good idea as it gives a proper feel for how much normal life costs (a roof over head) rather than the impression that your wages/salary is all "spending money". It takes quite a while before you earn a lot much extra after taxes/pension scheme/rent/bills/food/transport/repaying student loans/saving for holidays/etc., and IMO it's a useful skill to be able to manage finances and budget and paying rent to parents is a very safe way to do this.

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