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Respected Contributor
Posts: 4,261
Registered: ‎07-11-2010

Re: Would You Charge Rent?

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@Posh Poodle wrote:

@Jo1313   About the teen years, my mother and I started creating a "hope chest". Over the years we both added to it. I had dishes on lay-away, and helped pay for them. Me and my family use them to this day.

It's a wonderful memory my mother and I share.


@Posh Poodle   Similar kind of thing with my mom and I.  My mom had a beautiful pine hope chest which I have now.  Would buy dinnerware and dishes (piece by piece) with cereal box coupon offers she saved for me to buy these items. I continued using the cereal box offerings until the companies discontinued those wonderful programs. I saved money from the various jobs I had as a teen in the bank account I opened. Adding to the hope chest for the future was exciting and my mother taught me not only responsibility but the end result of satisfaction from saving.

Honored Contributor
Posts: 19,913
Registered: ‎03-09-2010

My general rule would that an adult child who is working and furthering their education can live at home rent free. If they wanted to stay after they earned their diploma, I'd ask that they make a monthly contribution to the household. Might not call it rent, but they need to be responsible no matter where they live.

Respected Contributor
Posts: 3,561
Registered: ‎05-14-2011

I am an only child.  When I got my first teaching job in my early 20's, I still lived at home.  My parents did figure out "rent" for me to pay.  They also bought me a car and I made "car payments".  Found out later that all of the money I had paid them was put into a savings account and given to me when I got married.  It was enough to help with the downpayment on our house and to pay cash for a new car.

I'm not short...I'm fun size!