Is 1/3rd Of Daughters Income A Reasonable Amount To Ask For Rent/Keep?

@ellie333 (21016)
April 9, 2008 4:24pm CST
My elder daughter went the univesity route so I haven't had this hurdle to overcome yet but my younger daughter is now working and wants to contribute but I don't really know what is a reasonable amount of money each week to ask for. When I started work whilst living at home my parents took a third of my income to get me used to having to pay rent etc. should I go the same route. Is a third a reasonable amount to ask? Do you or would you charge you own children? I let her keep all of her first wage packet even though she did in fact offer me a third of the amount without me asking, I said no your first pay go enjoy but next month will be different, her next pay packet has arrived and I don't know what to accept. Any suggestions? I'll probably put into an account anyways and maybe give towards a car for her but she won't know this. Ellie :D
4 people like this
14 responses
@stephcjh (38473)
• United States
29 Jul 08
I think it is totally up to you. My mom wouldn't let me work when I was living at home so I have no clue. My daughter is 16 and she is working outside of the home now too. I do not charge her a whole lot right now. she has a car payment and insurance to pay. When she gets those things paid off, I may ask her to pay more here to help out on utilities and groceries and such.
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@stephcjh (38473)
• United States
30 Jul 08
Yeah. It is never too early to teach them some responsibilities. She just got her car a couple months ago and she has that payment and car insurance to pay. she will be going some time in August to have a cyst removed from her ovary and she will have to miss work for a little bit and maybe some school too. We have to plan for that also to cover those payments. She sees it too.
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@ellie333 (21016)
30 Jul 08
Hi Steph, Sorry to hear that she has to have an operation, I guess this is where we are lucky in the UK in that we do have our National Health Service so this would be for free. Healing huggles for her and hope you manage the juggling of the finances for it all. Ellie :D
@ellie333 (21016)
29 Jul 08
Hi Steph, It is good that she still pays you an amount though as this gets them used to being responsible with money eh! Ellie :D
@jillhill (37354)
• United States
9 Apr 08
I don't know what the dollar is comparable from here to there....or what you are used to paying for rent. When my daughter returned home I did get money from her too but a nominal fee because she moved home to get caught up on her bills....so I can't really help! Sorry!
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@ellie333 (21016)
9 Apr 08
Hi Jill thats why I used a third so if she earned for example $200 a week she would give me approximately $66 leaving herself $134 for herself. Just trying to make her responsible without charging too much. Its lovely that your daughter had a chance to help sort her finances whilst being charged a nominal amount by you but I guess its just what us mums do eh! Ellie:D
@jillhill (37354)
• United States
9 Apr 08
That seems very fair then! good for you! and good for your daughter having a job already!
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@ellie333 (21016)
10 Apr 08
Thanks Jill, Thanks myrith your kind words are appreciated. All I do as a mum is try my best and a single mum I do wonder at times whether I make the right decisions but with your support it gives me confirmation that I am doing the right thing, appreciated. Thanks. Ellie :D
@winterose (39887)
• Canada
11 Apr 08
way back in 1972 when I started working room and board was 40.00 a week and I made a grand total of 65.50 whatever you want to charge her is reasonable, it is a personal decision. What you are doing is teaching them the principals of adulthood, there are no free rides, that is the message, and an important one.
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@ellie333 (21016)
11 Apr 08
Can relate to that one because when I did leave home my first rent was £25 and I earned £25 + commission so I had two extra jobs to pay for everything else, one to pay for food and travel and one for socialising. My daughter already realises this so she is showing a lot of respinsibility already blee. Ellie :D
@p1kef1sh (45681)
9 Apr 08
I left home at 16 so didn't have this problem until was in my mid-twenties when I moved back again. I paid 25% to my mother. But eventually we agreed that I pay the rates (those were the days) instead which was actually a little less. But a third sounds fairly reasonable, especially if you are going to put it away for her. What a good Mum.
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@ellie333 (21016)
9 Apr 08
Thanks for sharing, its a difficult one as as a parent you are used to giving rather than taking which is why without her knowledge I will put away for a later date eg a car but feel I need to take at least this amount to give her some understanding of responsibility and of having to pay her way when she does get her own place eh! Ellie :D
@p1kef1sh (45681)
9 Apr 08
Absolutely right. Too many youngsters get to adulthood with no real idea of what responsibility means. Your daughter sounds pretty sensible though. Happy 17th birthday to her.
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@Sonadora (356)
• United States
10 Apr 08
First off, your daughter offered to help, so don't feel bad about it at all. I like your plan to put away for something for her, though. This is a great way for her to learn responsibility. And I do no think 1/3 of her income is too much to ask for. This will teach her how to budget, although honestly most people put a higher percentage of their income toward bills, but I think you are off to a good start.
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@ellie333 (21016)
10 Apr 08
Hi thanks for sharing I totally agree with you that a third is not reality as far as income towards bills but like you say it is a start and will help show her how to budget expenses before fun eh! Ellie :D
@laura893 (29)
10 Apr 08
I have recently gone down the univrsity route, and it has been a massive shock to my system. my parents never took any money off me when i was living at home, they just expected me to pay for all the stuff i wanted. This was great as i got to earn all my own things, but never got used to saving money and budgeting. Now i am at university, i found it difficult to manage my loan as i had never had to pay rent, water, electricity etc. i think the way your daughter has offered to pay is great, and although it may make money a bit tight for her, i guarentee that she will thank you for it in the long run (both when you give her some of the money back and throughout life as she will be able to sort out her own financial situations). A third is a good amount, but it really depends on how much she earns, as i no when my little sister started earning, she wasn't getting much, and a third would hve made it a bit pointless her working, as it would have taken her ages before she managed to earn enough to buy anything. hope that helps.
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@ellie333 (21016)
10 Apr 08
Hi Laura, Thanks so much for sharing your thoughts on this one as you have experienced the outcome off being thrown in at the deep end financially really and this is what I am trying to avoid with my daughter by making her realise that before you go out and spend on shoes and clothes etc. other expenses need to be met. She offered before I asked so that shows a maturity beyond her years, 17 today in fact. Having read other responses it tends to vary from 25% to a third so maybe I may go the 25% route but that will give her less back, even though she is unaware of me saving it for her. Really appreciate you sharing. Ellie :D
@gabs8513 (48686)
• United Kingdom
9 Apr 08
Hi Ellie My Son when he first started to work was earning £80 a week so I took £20 of him I always went by what they earned and never left them short there was times I let them of with it to when they really wanted to get something I think it is a fair amount and it sounds like your Daughter is happy enough to give you that
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@ellie333 (21016)
9 Apr 08
Thanks for sharing this. Your son paid 25% then which is also what someone else had to pay so maybe a third is a bit high. I may compromise and make it 30% because I want to keep it realistic so that when she does get her own place she is used to an amount coming out first before her social spending so that she is awar of how to budget and be responsible. She does seem happy enough though with a third so may stick wih it. Ellie :D
@ebsharer (5515)
• United States
10 Apr 08
You took the words out of my mouth! As I was reading I was thinking - put it away for her. If I were you I would set a rate of say 200 a month KEEP 100 of it for the household and put the other 100 in a bank for her. Thats what my mom did for me and thats what I do with my kids. Well my kids aren't paying rent yet, but with allowance, birthday money, blah blah - they put half away and half to spend. Its working well in that they are young and have pretty nice bank accounts already - probably nicer then mine lol.
@ellie333 (21016)
10 Apr 08
LOL great minds think alike eh! Good idea to take half, save half though. I have in fact always encouraged her to save but this one she won't know about as I won't be able to guarantee some months where I might have to use for utilities. Think mine have more disposable money than I have too haha agree with that one also. Thank you so much for sharing. Ellie :D
• United States
10 Apr 08
That amount is quite fair especially if you will just save it for her. I agree with you that our children needed to get used to the idea that when they go to the real world, there are bills to pay, etc. I know somebody that was not raised that way, got used to getting everything he wanted and doesn't contribute anything. Now at 21, he doesn't know how to budget his money, he wanted to spend it on relaxation and dates and if he doesn't have any more, he just go and "borrow" from his grandmother (who spoiled him a lot). He doesn't understand what being responsible is. You are very lucky that your daughter is showing how to be responsible at a young age. And she is so lucky to have you as a mother that is looking out after her and will be saving that money for her. I bet in the future, she will be so surprised on what you are planning to do with the money she will give you.
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@ellie333 (21016)
10 Apr 08
I understand completely what you are saying here and long term this 21 year old will suffer from having been spoiled in this way and when his grandmother is unable to fund him then where will he turn and probably get into real debt troubles eh! I can't guarantee I will be able to put all away but I will try without her knowing so she has a lump sum to use when she moves out or to get a car. Thank you for your kind words I just try to do my best as a mother like any other parent does or should do, appreciated. Ellie :D
@littleowl (7157)
11 Apr 08
hi ellie-my son who lives with me is working so i charge him a third of his wage-after all you are the one who cooks cleans etc for them even if not they are staying under your roof which is a lot cheaper than going to reent somewhere-i do think its fair to charge areasonable amount of rent-it also teaches them to ccontrol their money well hopefully blessings littleowl
@ellie333 (21016)
11 Apr 08
Hi Thanks Littleowl, yes I think it is important to teach them responsibilty and she initally offered a third so this is what I think I will charge, still cheaper than living elsewhere but will give her an understanding of how to budget also. Thanks for sharing. Ellie :D
@queenofarms (1659)
• United States
9 Apr 08
Hello,Ellie! If your daughter is comfortable with giving you 1/3 of her pay then thats great. And you putting it away and possiblily helping get a car is a great. Not many kids would even offer to pay anything. Your daughter seems to be very responsible.
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@ellie333 (21016)
9 Apr 08
I am biased but yes she is quite mature and responsible for her age she is 17 tomorrow bless. She seems fine with it but I don't want to be taking too much or too little as when she gets her own place she will find it hard if she hasn't been conditioned to paying certain things out of her wages first before spending on new shoes etc. as the youngsters tend to do. Thanks for sharing your thoughts. Ellie :D
• Philippines
10 Apr 08
I think that if your daughter is offering a third of her earnings, that would be fine, it only shows how cooperative and sensitive your daughter is in sharing her money with you.
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@ellie333 (21016)
10 Apr 08
Thank you, she has always been very good with money and out of my three children is the one that never wants or expects anything that is why if I do take the money I will try to put the bulk of it away for something she needs later, a car, maybe a deposit on her own place that type of thing as she willingly gives. I know some parents who have to battle for anything at all. Ellie :D
10 Apr 08
Hey, I'm 19 and currently between jobs, I'm going to give my mum £200 (possibly £250 a month) depending on how much my monthly wage will be. My boyfriend gives £200 to his mum out of £800, it's not too bad but even when his wage is lower she still takes that amount regardless. At the moment it's a bit tight as his trying to learn to drive. It'll help her for when she moves out though!
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@ellie333 (21016)
10 Apr 08
Hi Thanks for sharing, your boyfriend is currently giving 25% which is what a lot of others seem to be paying so that is a fair amount and what you will pay your mum dependent on earnings seems right too. I appreciate how much of a struggle it must be for your boyfriend for driving lessons though they are just so expensive, I look into the cost of an intensive course for my daughter yesterday and one company wanted £684 for 30 lessons and the test plus another £48 on top for the theory. I'm going to check how much extra it will be to put my daughter on my insurance as I helped teach my eldest but I only had an 1100cc car then whereas I have a 2.3 diesel now so could be steep. Ellie :D
• Canada
10 Apr 08
My brother who is 18 lives with me and he makes just under $1000.00 a month and he pays me $100 every 2 weeks for shelter and food and $30 for gas. So he gives me $260 a month. Is this fair?
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@ellie333 (21016)
10 Apr 08
Hi that is around 25% your brother pays which seems to be what a lot of other people have been paying or asking so maybe I'm a bit steep with 33.3% but this is what she offered and I always had to pay my parents too. Thank you for sharing. I think your brother gives a fair amount I daughter in this instance would be paying $333. Ellie :D