Would You Charge Rent? - Page 5

ECBG · ‎01-08-2011

@patbz wrote:
My adult son did move back in with us in his mid 20s. We don't charge rent, lent him an older car for his exclusive use. He pays us a sum every two weeks that covers his groceries, phone bill and the car insurance on that car. He has also been responsible for car repairs and upkeep ( that includes new tires, 200,000 MI checkup and a brake jpb). He helps around the house, he volunteered $4000 towards new windows, takes us out to dinner, etc

@patbz

What an amazing job you did rearing him!

yamma024 · ‎08-21-2017

It all depends on their circumstances. If I did charge them and were trying hard, I would save all the money they had paid until they moved out and give it back to them for a down payment on their own place.

JeanLouiseFinch · ‎10-03-2011

For me, it depends on the situation. We took someone in years ago, trying to help them get out of a bad situation at home. Looking back, I wish we never did it, but at the time we were persuaded to help. We established some rules and asked for a small amount of rent so she would get in the habit of paying a regular bill.

If it was my own child, and the goal was for them to get out of debt or save for a house, I'd let them live here rent free but they would have to contribute to groceries or buy their own along with helping out around the house. Their phone plan, clothing, car payment etc. is theirs as well and I wouldn't do their laundry.

occasionalrain · ‎03-10-2010

If an adult child moves home and never leaves, the parents were remiss in promoting their child's self confidence, self worth, self relience, and courrage.

I know of no one who wouldn't want to have a rewarding job, live their own life, make their own way in the world, but some parents are overly involved in their children, and make them dependent, never allowing them to decide, make mistakes, and learn from them. Helicopter parents.

threecees · ‎09-22-2017

It definitely depends upon what is going on, why is your child moving back

home.

If it's for a month or two, absolutely not, but if is to go on without knowing

after say 6 months or so, it's time to address the situation.

Is your child working or looking for work, can they help around the house,

will they sit around all day and watch movies and play video games?

Each situation is different and after a short time everybody will be getting

frustrated with the living situation, I know I would.

Pearlee · ‎06-11-2011

@drizzellla wrote:
No, we do not charge rent.

He came home after college. He lived in a house with 5 other boys at college. They were going to rent a house together after college. UNTIL, the one guy that had a good paying job was laid off. It was "last in first out" being laid off. So he had to move back home with his parents. His parents lived 100 miles from where "the guys" were going to rent a house. Some of the other guys did not find jobs. They ended up moving back with their parents.

My son was the only one who had a job. So the plan just died a slow death.

Then he was going to get an apartment with his best friend. But that changed when his friend started dating a girl and they got married.

He has now worked for 5 different companies since college. Each one was sold. And each sale was worse than before. One sale the company that was bought had 52 employees. The company that bought them, only kept 2. My son was one.

My son has been working 80 hours a week. And there have been numerous lay offs in his field. He has no job security.

So we figure he will inherit any assets we have. So why bother to charge him rent. Besides rent in our area is $$$$. He would have little for his other activities if he paid rent. And he so so little time to go out and have fun with friends. Would rather him have the money to go enjoy the things he would like to do.

@drizzellla Great example of it depends on the circumstances! 🙂

NicksmomESQ · ‎08-19-2014

Unless I need the money which I don't I would not charge him rent.

My son lived home until he was 28. He went to law school, worked part time & completed 2 internships. We gave him a used car & paid for his cellphone.He never asked us for money but we gave him some on occasion. When he graduated he got a place with his fiancé & they have since gotten married.When he moved out he had just gotten a full time job & assumed all of his expenses.

My son knows home will always be his soft place to fall. He's very appreciative of everything we've done for him. He texts, calls & visits often.When we need him for something he's here.When we go to dinner,most of the time he grabs the check.

Every parent/ child situation is different. I know that we did the right thing. I don't judge others.

Pearlee · ‎06-11-2011

@reiki604 wrote:
I think the answers to this question answers the one about why more woman are living on there own and not getting seriously involved with men who are still being taken care of by mommy with no responsibility for their maintainance.

@reiki604 Nobody asked that question.