Paying parents rent!

My parents don't charge anything and I would be a bit disappointed if they asked me for it. I will never ask my kids for rent.

They may have spent a lot when i grew up and into university but they will reap the benefit when i'm older and have a good job.

If they're lucky they'll get a nice care home...
 
21 just finished uni, taking some time off before I move forward. My dad always refers to everything as "ours", he even makes it a point to tell me this. Whenever I talk about his house or his money, he says, "our money". Whats mine is yours and whats yours is mine. I feel guilty at times for taking money from my dad but when I'm working he will no longer work, I will pay all the bills and take care of him.

Thats how I see it anyway, parents take care of you, then you take care of them. My dad never forced me to work, he said focus on your education then get a job. He's not expecting me to pay the bills when I start working because he has his finances set in a way that he wouldnt even have to work but I will take over the responsibilities when my time comes. And that means even when I move out I'll still take care of his expenses.

If your parents charge you rent, or you offer to pay then fair enough. Every relationship works different. Some people find that as a way to pay back their parents for all they have done.
 
Officially I pay 3/5 of the cost of our Internet connection. I say officially because I don't really. It's just that I used to get £35 a month from my parents as spending money (when I was around 13 ish) but they wouldn't get broadband unless I paid towards it, so since then I only got £20. The only reason I still get that now is because they can't be bothered to cancel the direct debit.
 
I pay £160 / month, net about £1,400/month.

Not bad, considering moving out would eat away about £700 of that a month (at least) :)
 
sr4470 said:
Theres a cultural gap here too...you will normally find that there is a trade in of a large degree of freedom and independence for that lack of financial contribution. By the way I hope you dont find this offensive jamoor, it isnt intended to be, merely what I observe...I've been in that position before so I understand how it works.
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Exactly! What right have you to dictate an rules or have a say in your life if you don't contribute anything to a home? No contribution = no right to contradict your parents or didctate how you would like certain things to be run = no pride.

I'll keep my pride, ta.
 
jamoor said:
Can't believe some parents charge their children rent, my parents wouldn't even dream of such a thing.
edit to fix typo
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I agree for the most part. If you on a gap year between school and uni, what the hell are you doing at home in the first place? I don't think its fair for them to charge you rent at this time tho. You need to save up for going to uni.

If, you have graduated and have a full time job and your still living at home, you need to move out tbh. But in this case, them charging you rent is ok. But before u've graduated is really harsh.

My folks tried to charge me rent for the summer between school and when I left for uni, and I kicked up a huge fuss about it and they backed down.

I can kind of see where they are coming from during your gap year if your just sitting around at home buming about. Explain to them that you need to save the money for uni and associated debt that comes with it.

P.S Even if it costs more, living on your own has many more intangible benefits.
 
CryptKeeper said:
If, you have graduated and have a full time job and your still living at home, you need to move out tbh. .
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No you don't. You move out when you have saved enough money to comfortably make a stand on your own, whether it be putting a deposit on a house or having the money to rent, and not until then. Moving out before you can afford to is a very bad idea.
 
£150 at current...but then I am saving for a deposit for my own place someplace.

The only part I don't like is I have to Iron my own pants and cook my own food and I don't get my backside wiped either :mad: :D
 
Seems like a recipe for major inheritance tax, paying yuour parents. Unless they really need the money (in whihc case it is quite understandable). your parents should really be thinking about passing on some of their money to you before the tax man grabs it.
 
Richdog said:
No you don't. You move out when you have saved enough money to comfortably make a stand on your own, whether it be putting a deposit on a house or having the money to rent, and not until then. Moving out before you can afford to is a very bad idea.
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If you lived away at uni without a job, and now have a full time job but can't afford to live awya from home then somehting is wrong!!

+ living at home ammounts to torture in anycase :p
 
while i was a student my parents charged me £50 a month while i was working full time over the summer. when i moved home for a year and was working full time they charged me £265 a month. how ever i now have my own flat :)

MW
 
I pay £15 a week and after reading this thread I feel kind of guilty, I pay almost the least here I'd say and I don't help / contribute in any way, live in a nice house in a nice area, pretty much solely use the internet etc. :( maybe I should pay more.
 
Jay said:
I offer rent to my parents, because i'm not a ******* tramp.
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I offered my parents rent but they wouldn't take it.

Rather than charge me rent, they expected me to significanctly help around the house and I did...far better to get some practical responsibility than writing a little cheque each month imo, unless of course a payment is necessary for financial reasons :)
 
Jesus !! some folks on here don't know how lucky they have it :eek:

I used to pay £35 a week when living with my parents & that was more than 20 years ago !

Why should they let you stay for free,when there are bills etc to pay

Rant over :p

Rob
 
Rob43 said:
Why should they let you stay for free,when there are bills etc to pay
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When i lived at home i never paid a penny, i offered on more than one occasion but they always said that the money was more use to me than them. Think of it from their point of view (depending on their circumstances) - they are not going to notice the odd few hundred quid - wheras i definately would. :)
 
Booner! said:
Hey guys, just wanted to find out if any of you pay your parents rent to stay under the house, eat and use electricity up ! I'm here for 1 year before university and my dad tells me i will have to pay him £70 a month towards the household while im at home on gap year.

Is this a reasonable price?
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When last I was living at home I was paying £35 per week which when you consider the electricity, water, food etc was an absolute bargain.
I did pay for my Internet access ontop as broadband was of no interest to my parents - so I paid for my wireless broadband.

If your parents don't want to charge or won't take anything then hats off to them.
At the end of the day if I'd not paid my parents they wouldn't have turned me out into the street - it was just a payment we'd come up with and I felt was more than fair.
 
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