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Young adult children living at home

(32 Posts)
Cabbie21 Sat 07-Jan-23 09:03:43

Three of my grandchildren are now young adults living at home. There are three families involved.
Two are 18, in their last year at school, one is 21, doing a post- graduate course. All three have part time jobs.

I am interested to hear how other families treat their adult offspring who are still living at home financially.
Do parents charge rent? Or a contribution to bills? Do parents subsidise the costs of transport? What about holidays?

I have no personal involvement in these decisions, of course, but am just interested in how other families handle their young adults from a financial point of view.

Norah Tue 24-Jan-23 19:45:47

lixy

We didn't charge rent but did expect help with the running of the household. When we went on holiday the AC looked after the house for us - and it was still standing and in good order when we got back!
I think we would have asked for a financial contribution had they been working, but they were both in full-time education and then moved out at the end of that. And, yes, we did help with buying the houses.

lixy, We didn't charge rent but did expect help with the running of the household. When we went on holiday the AC looked after the house for us - and it was still standing and in good order when we got back!

Good point!

We receive help from our daughters watching our home and dogs when we go on holidays. Help with many life tasks.

Part to being a family.

MerylStreep Tue 24-Jan-23 20:10:21

Beautful
Your not a horrible mum. If you are then so am i 😄
My daughter was paying into the home from 17.
I couldn’t have been that bad because she didn’t leave home until she was 29.
But even then she moved into one of our rental flats.

Redhead56 Wed 25-Jan-23 00:28:10

Our daughter left home for uni then came back briefly our son was at home until his mid 20s until he bought his first home. No we didn’t take money from them but they did offer. Our son saved us a small fortune doing jobs on our house. Our daughter was my back up support and strength in times of difficulty with family illness as well as having a demanding full time job.

We have contributed a lot with things needed especially for the GC and continue to do so. We can afford it we had a successful business and good pensions. If our finances were different we would have to be more careful and cut the cloth accordingly as the saying goes.

biglouis Wed 25-Jan-23 00:39:49

My parents treated me like a cash machine from age 16 when I began full time work. My mother used to go through my wardrobe to see if Id bought anything new and admitted rooting through my underwear drawer to see how much money I had. Not surprisingly I kept my new clothes in my locker in work and my "spare" money in my grandmothers house! I left home at 22 as soon as I finished my professional qualifications and got promoted.

My sister had just had an unplanned child so had to give up work. My mother worked up this little speech about all the extra expense and how I was going to have to "tip up an extra ££" because of this situation. It was with the greatest pleasure I told her I was moving out the following week. It threw her into a panic attack.

Kim19 Wed 25-Jan-23 06:41:58

I always remember us telling our son that he would have to contribute a little more when he was unemployed as he was using more domestic resources. He was shocked and astonished but it certainly spurted him into getting another job quickly. Unbeknown to him, all his housekeeping was going into a savings account for when he flew the nest but he sometimes remembers our surprise decision and reckons it has stood him in good stead throughout life. Some y' win but it was not an easy thing to do at the time as we certainly didn't need the money.

Hetty58 Wed 25-Jan-23 07:01:10

All of mine paid towards the bills - once they were working full time. I wouldn't tolerate being out of pocket due to their living here, also, it taught them to budget and economise.

Still, they were in for a shock when they left - and had to pay rent! Later, when I was in a position to do so, I helped with house deposits - but my choice, not something ever expected by them.