Charging Adult Kids Rent...

[Smowball]

Just curious.... for those who have grown up kids living at home who work full time.... do u charge them ‘rent/housekeeping’ ?? If so how much??
Teen smow( well he is 20 now but have called him teen smow for so long it might as well stick lol) earns v good money . He actually rented his own house when he was 18 and so had complete household bills like anyone else.
Now he’s moved back home we didn’t know what to charge him.... so we just randomly said £25 p.w....... but Mr Smow thinks it’s way too little lol. He is constantly on internet, the amount he eats and drinks is mad(especially as he is as thin as a rake) and he wants me to suggest increasing it.
What do you lot do??

[aelmpvw]

25 quid? i'm not surprised he moved back home

[fiction-factory]

Seems low to me but it depends how much you need the money. He will know that rent on anything decent could be nearer £100 a week (much more if in London or say Edinburgh) then there would be utilities and food on top. Trouble is even an increase to a reasonable amount of £50 pw would seem a big jump now and might make him think you want him to move out.

[calmck]

Total your bills monthly and divide by 3. If you are doing his laundry add a service charge

[SparklyKid]

After my two daughters finished university which cost a fortune, they never came back home.

I never got any board off them.

£50 per week sounds fair. Just over £7 per day, very reasonable.

[SparklyKid]

He will rip your hands off at £50 a week.

[AuntPollyGrey]

Depends what you mean by 'good money'. Good money to my 19 year old working while off from Uni is £50 a day -we don't charge him any rent but he saves his money so that's good. Good money to my OH is £2000 a week lol! I think 25% of his wage per week would be reasonable. Then he should be encouraged to save at least 25% and the rest is spending money.

[BAKERS DOZEN]

Our grown up kid, he's 49 now, moved back in with us when his wife died 7 years ago. He pays £350 a month but that has never gone up since he moved in. We know he couldn't get anything else for that price, which includes gas, electric, council tax, virgin tv, food, washing and ironing etc, but we are happy because we know the house is occupied when we go on holiday for up to 12 weeks a year.

[Patsy33]

My son gives me £300 a month. I personally thing you could at least double what he is giving you.

[Smowball]

He takes home £1800 p.m

[Vagus]

When our were at uni and worked in the holidays we didn’t charge them anything.
Once they left uni and were in full time employment we sat each of them down and came to a mutually agreeable amount for their rent, depending on how much they earned and how much it cost us to keep them.
I think a realistic amount is sensible, however a ‘realistic amount’ is different for everyone.

[Smowball]

He’s a really really good kid btw.

[fiction-factory]

Given his income then something like £300 a month would seem reasonable to me, but one option is to say you need to ask for quite a bit more and ask him to suggest a figure. Maybe also tell him how much you and Mr Smow take home or tell him what the total bills figure is divided by 3

[bednobs]

I am not yet in that position but I think the accepted wisdom is to charge him 1/3 of his pay. Then he needs to buy his own food on top. You clearly don't need the money at the moment, so save it at put it in a savings account for him for when he needs a deposit when he moves out again. You are not doing him any favours charging him so little imo

[Smowball]

Tbh we didn’t come up with that amount before he moved back home - he moved home due to splitting up with gf etc and once he was back home he didn’t have the job he has now - he got a job in a bar - and so we just randomly came up with that amount. Then he got his current job.

[bednobs]

what does he do with the £1700pm he's earning and not giving to you? it's not like people can go out and buy stuff at the mo

[pastafreak]

I never charged lil pasta. She was...mostly...only here during uni breaks. So, 3 months at the most. I probably should have.

[douglas9401]

I see dark clouds gathering, still a long way off though.

[mallyh]

my granddaughter has a one bed flat and pays £650 a month then has bills on top of that ,so £500 a month from your son would still be a good deal .

[barry1010]

I charged mine a third of their net income. When they moved out permanently I gave them two thirds back to help them out. I gave my parents a third of my take home pay and they made sure I saved a third (times were different then).

[bednobs]

what do you mean douglas?