How much keep do you charge your kids?

[Matty's Caddy]

In a bit of a dilemma really between not wanting the pee taken out of me but not wanting to force him out even though he probably needs it. He's 23.

He pays £20 a week at present which is down to his mother

You can imagine what this actually covers.

Think he takes home a couple of grand a month or just under

Thoughts please

[Toadhall Saint]

Twenty quid - laughing all the way to the bank is what he's doing.

[Matty's Caddy]

Funnily enough he's just got back from jamaica

[hypochondriac]

£200 a month seems about right to me.

[Batman]

£20 a week. Someone is having a giggle

£200-£250 per month I would say

 

Maybe £200 a month and get your kid to take on a bill???

[sandwichsaint]

depends what he spends the other £1980 on?

 

if he puts away a grand a month you're probably onto a good thing

 

if he's spending 2k a month you're being taken for a ride.

[whelk]

1% rent. Think you are a far cry from forcing him out

[Goatboy]

I was paying that when I was 15. 31 years ago.

[Matty's Caddy]

Additionally, he's not making any plans of trying to join society surprise surprise.

His girlfriend works full time also.

[Picard]

Probably best to start working on his mum first, subtly of course.

[Jonnyboy]

Additionally, he's not making any plans of trying to join society surprise surprise.

His girlfriend works full time also.

 

What's that mean?

[CB Saint]

£200 would be fair

 

What I would do is charge him £600 pm, stick £400 into a saving account and he can use that as a deposit when he gets round to buying

[buctootim]

I was paying that when I was 15. 31 years ago.

 

Ditto £21pw for a grotty room in Shirley, no food included in 1980.

[Batman]

Additionally, he's not making any plans of trying to join society surprise surprise.

His girlfriend works full time also.

 

Maybe, serve him notice.

When he does move out and the costs hit him, he will no doubt come running back to you for more money/handouts the longer he pays 1% rent

Edited 24 February, 2016 by Batman

[Joey-deacons-left-nut]

If you don't need the money charge him £500 a month, and bung it in a savings account for him so he can get a deposit for a house.

[Trader]

My 25 year old son pays £50 a week, mind you it's like getting blood out of a stone.

[Matty's Caddy]

http://www.moneysavingexpert.com/news/savings/2015/03/budget-2015-help-to-buy-isas-to-launch

This seems s great idea