Board / Lodge

[ilovemarkb]

How much would you charge your 18yr old son / daughter. He gets £75 a week. What percentage would be fair?

[albaqwerty]

I'd ask for a nominal amount £15-£20

[Mass_Hysteria]

When I started work, many years ago, I earned £20 pw and gave my Mum £5 so 25%. How about rounding it to £20?

[ilovemarkb]

im charging him 10 at the moment. But to be honest this doesnt even cover the food he eats. thanks guys.

[albaqwerty]

I know £20 won't even come close either, does he buy his own toiletries?
Do you make him his lunches?

Poor soul, £75 isn't much these days.

[bazwillrun]

£75 pw ?

i wouldnt be charging, unless I was desperate for money myself

[friedgreentomato]

I take it he is on some sort of apprenticeship.

Do you know you may still be able to claim child benefit depending on the circumstances

[ilovemarkb]

yes hes got apprentice with PFA (footy) hopefully will end up professional!! (fingers crossed) £75 is more than enough he's fab with money and has quite a bit saved up too.

[friedgreentomato]

Is there a contract of employement promised at the end of it?

[DTCwordfan]

Good luck to him markb, you could do a promise that if he hits a certain wage level then you get an extra payment, otherwise £20 seems very reasonable - my first monthly pay packet was that at his age and my board and dinner was 40.

[ilovemarkb]

no!! but hes been to some exit trials and has already recieved offer of a scholarship from eddie may? for stirling uni!!! but waiting for more offers (hopefully)

[bednobs]

i would say 30%

[Zacs-Master]

We don't charge our daughter anything. Life is hard enough.

[Traci66]

When I was still living at home, my dad used to say, one third for board, one third to save and the other third was for me to spend on what I wanted to.

[atalanta]

My aunt used to charge her son and daughter one-third of what they earned if all they got was the bed and the room, but if they expected everything they had received while they had been at school - food, laundry, lifts, etc, they were expected to pay two-thirds.
But secretly she saved some of this money and gave it to them when they left home to set up a flat. A good exercise in managing money, I always thought.

[boxtops]

That sounds like a plan, atalanta, my dad did much the same.

[Maydup]

I'd stick with the £10 since he's earning such a small amount. But let him buy his own shoes, clothes, toiletries and phone.

[Kassee]

Depends how hard up you are. Why not work out how much he has to spend, how much it costs for him to get to work, how much his clothes, shoes cost him. How much does it cost for a night out with his friends. It wouldn't be fair if you are reasonable well off and he is struggling with his finances because he has to pay you a third of his wages. I mean £75 a week is not much - is it ? I feel sorry for the youngsters today because everything is so expensive and lots of parents help their children because it is tougher for them today, than it was for the parents. My mum always charged me a third of what I was earning at the time. But I could afford to move out and buy my own place by the time I was 21 (with partner). But not many kids can afford that nowadays.

[lcg]

i would say £25.....he should be paying his way.....

[Cloverjo]

As he's on a low wage at the mo, but has possibilities of big earnings later, charge him nothing now and maybe he'll buy you a big house when he has the money.

[Anto7]

Charge him nothing, after all he's only 18, if he was a lay-about I'd insist he'd contribute for his keep but as he seems to be making a future for himself I wouldn't charge him. If he becomes a lay-about then I'd start charging.