I have my 19 year old and her boyfriend living with me, what would a reasonable amount to charge them rent?
I have my 19 year old and her boyfriend living with me, what would a reasonable amount to charge them rent?
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10 Replies
10% of wages
It varies. When I was at home, I paid $100 a week. When my brother and his girlfriend lived at home, he paid $100pw and she paid $50pw (she didn’t eat dinner there most nights but showered ect)
And on the other hand
My partner used to pay $60 a week when he lived with his parents.
If you struggle, they should be definitely chipping in as much as reasonable, both of them of. But if you can easily make do, then don’t charge them as much???
I wouldn't think of it as rent, I'd think of it as board. Food, electricity, gas etc although it's not a money making scheme I think it's important to understand what that money is contributing to.
I think $100 a week is cheap for board. If they moved into a share house they'd pay a hell of a lot more.
My parents never charged us rent or board but they charged our partners $50 a week for food.
In saying that, they never charged us rent or board because we were all saving for a house. My brother owned his first house at 18 and his second at 23. I bought my house when I was 20.
But my cousin was paying his parents $150 a week from the day he turned 16 and he was living in a caravan in his parents driveway and had to buy his own food.
I think it’s fair to ask for enough to cover whatever they eat or use in electricity and water but I don’t believe in making money off family but that’s just my opinion.
It's not about 'making money off family'. In alot of cases, especially single parent families, it's a necessity to survive and keep a roof over your head. We're not all able to financially support our adult kids as you were fortunate enough to experience, as was I.
$50 - $100 each.depends onthe setup, is it like a granny flat are they being independent working adults and paying an elec bill and own food? Give them a break. But if theyre in your house using all your things eating your food. Then charge them more to cover for it.
I see it as they're at an age to be in a relationship they're wanting to live together they need to pay rent/board. In a share house it isn't called board it's rent and bills. I think $150 p/w and an additional amount for food per week for the two of them. I've never lived with my boyfriends in my parents house it's too weird for me. For me if I was old enough to work/party/be in a relationship I was old enough to live out of home and pay my own way and be an independent person. You'd be paying a lot more to live in your own apartment/rental than you'd be expecting in rent/board from them.
And make sure what ever the total amount is you divide it into 2 and get half from each person to ensure that the guy isn't sponging off of your daughter to survive. I know too many girls supporting their partners. Jobs would be a necessity for my child's boyfriend/girlfriend to reside in my house.
Getting and keeping a job a necessity.... and as incentive to keep it, the board amount doubles if they're not working.
It depends on your expenses.
Let's say it's a 4 bedroom house at $400/week (yeah I wish right!) and they 'rent' one bedroom, that's $100 for room, then there's all utilities - add up your electricity, water, gas, internet per week then divide by how many people in your home (assuming they're all adult size). Also, include their percentage if you have a cleaner, gardener, pool person, etc. So essentially you are charging them to 'board' with you. I currently have my ex boarding with us. I went by what a single room in a local share house is going for then worked out his portion of bills. He pays a set weekly figure.
Food is an added expense on top, as something all housemates need to sit down and work out, as well as working out the division of labor around the home. Treat them as adult housemates who MUST contribute.
I sat down with my two teen kids and ex, and we wrote down all the things like cooking, cleaning, washing, gardening, bins, pet care, maintenance, etc and assigned ourselves jobs. Everyone needs to contribute to the discussion and agree to the terms, have it written up and stuck on the fridge or wherever you can all see it easily.
If you want to help them save and are in a good financial position then just lower the amounts, but still go through the motions, to help them understand how adulting is done 😊
PS when my daughter was 18 prior to uni, I looked online and found a formula, it was a percentage of her income (YA at the time) and a percentage of household bills and from memory, something about the actual space in the home she occupied... have a google and see what you find 👍🏻