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Charging your kids rent to live in the house is bullshit
Yeah got forbid parents treat their children like adults when they grow up.
I really don't see how something like that could be justified. That said I wold love to be able to mooch off of my parents. The only problem would be privacy and the embarrassment of being a working adult and living with your parents.
In all seriousness, when my kids get old enough to get a job and if they still live at home I will charge them rent, and I would like to think (although you know this is a ridiculous time down the road) that when I do I'd be able to put half of it into a savings account and when they do move out I'll get out that cash and use it to buy stuff for their new place.
parents own a house, parents also own a little apartment... maybe they bought it thinking it was all they could need or afford and things changed, etc etc how they afford both is not the point
kid graduates from uni, gets a job, moves into the apartment, has to pay parents rent (at a lower rate probably)
fair enough, right? makes sense
how is that different from moving into a room that your parents also own?
you still use more power than your parents would've used without you, you still eat food, you still need laundry done, you still shower, etc
I agree that kids shouldn't have to pay rent unless they have their own means to be financially independent and just haven't found the place they want to be yet, in which case using the concept of "paying rent" to encourage their kids to manage their finances and as an incentive to keep looking for their own place isn't a bad thing
in fact, I'm sure plenty of young adults who live at home while working and don't pay rent might just get "comfortable" with their level of living and income and whatnot and not WANT to move out because they know moving out is just a step down for them
so there's that
it's not about taking money from the kids, it's about teaching them how things will be (financially) once they move out so it's not such a huge shock and not so overwhelming
you can give that money back in a lumpsum or some other thing later on if you like, after they've moved out
In all seriousness, when my kids get old enough to get a job and if they still live at home I will charge them rent, and I would like to think (although you know this is a ridiculous time down the road) that when I do I'd be able to put half of it into a savings account and when they do move out I'll get out that cash and use it to buy stuff for their new place.
:^:
My grandmother did this with my aunt, and she was able to buy her own apartment at the end; it was very cool of her. (It was a surprise, too; and a very welcome one, as you can imagine!)
In all seriousness, when my kids get old enough to get a job and if they still live at home I will charge them rent, and I would like to think (although you know this is a ridiculous time down the road) that when I do I'd be able to put half of it into a savings account and when they do move out I'll get out that cash and use it to buy stuff for their new place.
that's a reasonable and kind plan.
To be honest though I don't know where I will be in the x amount of years when/if I have kids and when they move out.
If I did pay for their education if might have really stretched me, I don't know, I might genuinely need that money in order to pay back my house.
It's nice to say "everyone should treat their kids like gods forever!" but that only works if you have enough money to do so and if I don't the harsh reality would have to start to sink in again.
parents own a house, parents also own a little apartment... maybe they bought it thinking it was all they could need or afford and things changed, etc etc how they afford both is not the point
kid graduates from uni, gets a job, moves into the apartment, has to pay parents rent (at a lower rate probably)
fair enough, right? makes sense
how is that different from moving into a room that your parents also own?
you still use more power than your parents would've used without you, you still eat food, you still need laundry done, you still shower, etc
I agree that kids shouldn't have to pay rent unless they have their own means to be financially independent and just haven't found the place they want to be yet, in which case using the concept of "paying rent" to encourage their kids to manage their finances and as an incentive to keep looking for their own place isn't a bad thing
in fact, I'm sure plenty of young adults who live at home while working and don't pay rent might just get "comfortable" with their level of living and income and whatnot and not WANT to move out because they know moving out is just a step down for them
so there's that
it's not about taking money from the kids, it's about teaching them how things will be (financially) once they move out so it's not such a huge shock and not so overwhelming
you can give that money back in a lumpsum or some other thing later on if you like, after they've moved out
This is perfectly reasonable and the right opinion on the matter
My parents always said 'If you're going to school, you don't have to pay rent. But if you're not going to school you have to pay rent', which seemed fine to me, especially as they didn't expect me to do anything else.
I've been on my own since 18, no support from family aside from a semester or two of school a few years ago. Paid for the remainder on my own, and I've been doing alright lately, but now I'm going back to school so hello student loans.
When in lived with a friends family for ~8 months his dad took a percentage of my paycheck from my job as 'rent' until I left and it was used to cover the school.
Right now I'm living at home without paying rent but this is a short term thing until I move this summer
My plans for the next six years got thrown a little out of wack
Well I'd hope getting kicked out of the air force wasn't part of your plan
I was actually banking on not having a free place to live and a paycheck and cheap food and a clothing allowance and getting to see the world and so on
I know there's a problem with my generation in the UK
When my parents went to college, they had grants (i.e. money they didn't have to pay back, not loans) given to them by the government. Loans and tuition fees weren't introduced until the late 90s.
House prices also more than tripled, as in most places, in the early 2000s. So a lot of parents were completely unprepared. I'm not saying that parents should pay for school, only that I'm sure many more would be able to help their kids out if only a little with education if they'd had any idea it was coming. So now kids have these large loans and they're also paying far more in rent, etc., than their parents could've dreamed of.
Janson on
0
marty_0001I am a fileand you put documents in meRegistered Userregular
Charging your kids rent to live in the house is bullshit
Yeah got forbid parents treat their children like adults when they grow up.
I really don't see how something like that could be justified. That said I wold love to be able to mooch off of my parents. The only problem would be privacy and the embarrassment of being a working adult and living with your parents.
My Dad lived at home til he was 32 :^:
Was he from italy?
No I think he just didn't see any reason to move out. He insists that they were the best years of his life. I don't know how he did it; I moved out when I was 19, just to have my own place and do whatever I want.
When my parents went to college, they had grants (i.e. money they didn't have to pay back, not loans) given to them by the government. Loans and tuition fees weren't introduced until the late 90s.
According to the many brochures and emails colleges keep sending me, grants are back on the rise, at least in the US
When my parents went to college, they had grants (i.e. money they didn't have to pay back, not loans) given to them by the government. Loans and tuition fees weren't introduced until the late 90s.
According to the many brochures and emails colleges keep sending me, grants are back on the rise, at least in the US
I've gotten a few so far in university. About 7500$, but thats here in Canada.
Topia on
0
Blake TDo you have enemies then?Good. That means you’ve stood up for something, sometime in your life.Registered Userregular
When my parents went to college, they had grants (i.e. money they didn't have to pay back, not loans) given to them by the government. Loans and tuition fees weren't introduced until the late 90s.
According to the many brochures and emails colleges keep sending me, grants are back on the rise, at least in the US
You do not quite understand.
Grants were automatic.
Back then (this was also in Australia) no one paid for university.
When my parents went to college, they had grants (i.e. money they didn't have to pay back, not loans) given to them by the government. Loans and tuition fees weren't introduced until the late 90s.
According to the many brochures and emails colleges keep sending me, grants are back on the rise, at least in the US
You do not quite understand.
Grants were automatic.
Back then (this was also in Australia) no one paid for university.
Yeap, it was pretty generous
My dad was from a pretty poor background, and he was able to go through all of veterinary school (did some temp work in the holidays, but not otherwise) and emerge debt-free
Can't you just not pay them if you don't live in england?
I am pretty sure in Australia if you earn less than a certain amount you don't actually have to pay them and I'm pretty sure if you are overseas since you aren't paying tax for australia you are technically not required to pay them.
Move to North Carolina, enroll in a community college near my grandparents' house, pay out of state tuition while I take the prereqs for the radiography program. Hopefully I'll get into the radiography program next year, at which point I'll start paying in-state tuition (42 bucks/credit hour wooot) for 5 semesters straight, and when I'm done I'll have a national license for a job that starts at $35k/year
And then I can always go back for more training and instantly raise that another 15-25k
Can't you just not pay them if you don't live in england?
I am pretty sure in Australia if you earn less than a certain amount you don't actually have to pay them and I'm pretty sure if you are overseas since you aren't paying tax for australia you are technically not required to pay them.
I thought this was the case, but sadly not. Although it IS up to me to inform the government of how much I am earning and thus how much I should be paying.
Janson on
0
Blake TDo you have enemies then?Good. That means you’ve stood up for something, sometime in your life.Registered Userregular
edited May 2009
I (well my parents were kind enough to even though I was not expecting it) paid around four grand a year I think back when I did my degree, I think there was a 15% discount for paying up front as opposed to deferring them to student loans.
Yeah, tuition expenses have also exploded in Canada in the last 20 years, and not really too much of a sign they're going to stop increasing.
I am going to be paying in total about 21 grand a year for UBC 8-)
Yeah, international students always take it in the pants in comparison to anyone. By comparison, I'm paying about 6 grand a year going to the U of A. But even 6 grand is crazy in comparison to how much local students were paying twenty years ago.
Posts
Doable STD lite.
Was he from italy?
Satans..... hints.....
Of course I'm also paying for school by myself and I'm working for those family members when I'm not in class so
jay kay, Wiggin's not that bad
that's a reasonable and kind plan.
$not.enough
See that's good. If you live rent free you should be helping out with things.
parents own a house, parents also own a little apartment... maybe they bought it thinking it was all they could need or afford and things changed, etc etc how they afford both is not the point
kid graduates from uni, gets a job, moves into the apartment, has to pay parents rent (at a lower rate probably)
fair enough, right? makes sense
how is that different from moving into a room that your parents also own?
you still use more power than your parents would've used without you, you still eat food, you still need laundry done, you still shower, etc
I agree that kids shouldn't have to pay rent unless they have their own means to be financially independent and just haven't found the place they want to be yet, in which case using the concept of "paying rent" to encourage their kids to manage their finances and as an incentive to keep looking for their own place isn't a bad thing
in fact, I'm sure plenty of young adults who live at home while working and don't pay rent might just get "comfortable" with their level of living and income and whatnot and not WANT to move out because they know moving out is just a step down for them
so there's that
it's not about taking money from the kids, it's about teaching them how things will be (financially) once they move out so it's not such a huge shock and not so overwhelming
you can give that money back in a lumpsum or some other thing later on if you like, after they've moved out
My grandmother did this with my aunt, and she was able to buy her own apartment at the end; it was very cool of her. (It was a surprise, too; and a very welcome one, as you can imagine!)
Working in their restaurant part time for cheap + tips
Saves them from having to hire someone else, since I'll be living there for the better part of four years when all is said and done
To be honest though I don't know where I will be in the x amount of years when/if I have kids and when they move out.
If I did pay for their education if might have really stretched me, I don't know, I might genuinely need that money in order to pay back my house.
It's nice to say "everyone should treat their kids like gods forever!" but that only works if you have enough money to do so and if I don't the harsh reality would have to start to sink in again.
Satans..... hints.....
This is perfectly reasonable and the right opinion on the matter
My plans for the next six years got thrown a little out of wack
Well I'd hope getting kicked out of the air force wasn't part of your plan
I was actually banking on not having a free place to live and a paycheck and cheap food and a clothing allowance and getting to see the world and so on
When my parents went to college, they had grants (i.e. money they didn't have to pay back, not loans) given to them by the government. Loans and tuition fees weren't introduced until the late 90s.
House prices also more than tripled, as in most places, in the early 2000s. So a lot of parents were completely unprepared. I'm not saying that parents should pay for school, only that I'm sure many more would be able to help their kids out if only a little with education if they'd had any idea it was coming. So now kids have these large loans and they're also paying far more in rent, etc., than their parents could've dreamed of.
No I think he just didn't see any reason to move out. He insists that they were the best years of his life. I don't know how he did it; I moved out when I was 19, just to have my own place and do whatever I want.
According to the many brochures and emails colleges keep sending me, grants are back on the rise, at least in the US
I've gotten a few so far in university. About 7500$, but thats here in Canada.
You do not quite understand.
Grants were automatic.
Back then (this was also in Australia) no one paid for university.
Satans..... hints.....
Yeap, it was pretty generous
My dad was from a pretty poor background, and he was able to go through all of veterinary school (did some temp work in the holidays, but not otherwise) and emerge debt-free
I was going to say $500 but shit student loans
weekly 8-)
Can't you just not pay them if you don't live in england?
I am pretty sure in Australia if you earn less than a certain amount you don't actually have to pay them and I'm pretty sure if you are overseas since you aren't paying tax for australia you are technically not required to pay them.
Satans..... hints.....
Move to North Carolina, enroll in a community college near my grandparents' house, pay out of state tuition while I take the prereqs for the radiography program. Hopefully I'll get into the radiography program next year, at which point I'll start paying in-state tuition (42 bucks/credit hour wooot) for 5 semesters straight, and when I'm done I'll have a national license for a job that starts at $35k/year
And then I can always go back for more training and instantly raise that another 15-25k
I thought this was the case, but sadly not. Although it IS up to me to inform the government of how much I am earning and thus how much I should be paying.
Satans..... hints.....
Yeah, international students always take it in the pants in comparison to anyone. By comparison, I'm paying about 6 grand a year going to the U of A. But even 6 grand is crazy in comparison to how much local students were paying twenty years ago.
jackpot
But fucked if I'm paying any of my $15K off before I have to.
That was about US$20k a year, which was considered CHEAP, as the private schools we were also looking at were like US$45k/year.
My parents paid for practically everything.