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Young adult children living at home

(31 Posts)
Grandmabatty Sat 07-Jan-23 10:12:14

I didn't charge either of my two children when they were at home in late teens/early twenties. When my son returned in his late twenties to save for a deposit,he insisted on giving me money towards housekeeping.

Grammaretto Sat 07-Jan-23 09:50:28

My ex neighbour had a dilemma when 2 of her DS were living at home.
One was at university, the other working in a lowpaid job
She thought she should charge rent but only to the one who was earning but then she felt that appeared as if she valued education more.
Sorry I don't know what the outcome was and they've moved away now.
We didn't charge our own for the times they lived at home after school or after uni. They couldn't wait to leave!.
Nowadays more and more AC stay in the parental home and one chap I know, now widowed, has a DS and a DD both unmarried, both at "home"
Perhaps they'll look after him in his last years. Very Jane Austen.

Witzend Sat 07-Jan-23 09:34:27

Both our dds lived at home for a year or two after graduating. Once they’d paid off their overdrafts and were earning reasonable money, I charged them roughly half of what they’d have had to pay in a flatshare locally - rent only, no bills. That way (I reasoned) it would come as less of a shock when they did eventually move out.

Holidays - they joined us for a couple of relatively expensive ones. We paid and were more than happy to do so - they were and are good company.

I didn’t specifically save the rent money for them, but when they eventually wanted to buy their own homes we did help. Though should add that dd1 and future son in law refused help when buying their first - it was only with the second that they were glad to accept.

Oopsadaisy1 Sat 07-Jan-23 09:12:32

Paid!

Oopsadaisy1 Sat 07-Jan-23 09:12:16

We never charged our children for anything until they were in full time work. Then we put the housekeeping money in a bank account for them and they payed for everything else.

Don’t the parents still get Family Allowance for the 18 year
olds?

It’s good that they have part time jobs for some personal spending money.

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.