my daughter brings home £210 a week wages. how much should i charge her for living here????

Answer 1

i take home the same and i pay my mum £60 per week its a fair price

Answer 2

She should have a budget set at this time.
She needs to consider these things:

Residence- Current place and cost
( also if she plans on her own place she must have a savings plan for that.
Transportation- cost of a vehicle, if she has one and upkeep and insurance etc. if not bus fare or carpool money for patrol.

Food, Clothes and Personel Essentials-all the things a girl needs to eat healthy, look good and feel good about herself.

Your daughters budget may include Future Educational needs also.

She absoulutely should have an "emergency fund" that covers her bills for 3 years, Thats right 3 years. Now this is a sane recommendation for all people saving. Think about it now, the likelyhood of needing this fund in the future is enormous in these times.
Investments: Retirement and investments are crucial at an early age. Understanding the many investment funds and programs for long and short term goals are very important ( including the fee's, taxes and restrictions). Saving at an early age for retirement will not only help her later in life but your future grandchildren too.

Her ultimate goal in making a budget is to be "debt free" and begotten to no lender! No credit cards and living within her "means".
After you sit down with her and look at the whole picture, then decide what price to charge Her money should work for her as much as posssible.

Two things here:
1. Helping her budget and understand finances is the best gift you can give her. If you don't understand budget skills then get some help.
2. Responsible decisions with money now, leads to the same later

If it were me and I was financially capable I would save some/all of the money she gave me and invest it for her.

Here is a handy online budget calculator if your interested:
http://www.commbank.com.au/tools/BudgetPlannerCalc.asp

Good Luck

Answer 3

Charge her £25 for her share of groceries, and £15 for a share of domestic bills. This seems fair to me, and leaves a good amount for her to live on. A thing like this needs compromise, you dont want to be to over the top, but you need to show her that these bills need paying/sharing. When i was at home i paid £20 out of £100,

As for the landlord type rules someone mentioned, the fact is, its still your house, and therefore your rules apply. Point out that on a Saturday night a late return home is ok, but through the week a more modest time dependant on when you go to bed should be observed, this will make sure she keeps her job as she will be getting sensible nights of sleep through the week.

A bit of give and take is needed here. And respect for each others lives, but dont give up your right to the final say.

Answer 4

50-60 a week.I found a studio apartment here for $65 a week....very, very cheap one though. You want to leave her enough to start a savings account. I'm in her position but my mom doesn't give me a set amount. She asks me to pay half of one bill or all of another one. I also buy groceries. I know I'm paying at least 300 a month, I've gotta be once I factor everything in. What's worse is we're about to lose the house. Almost the only thing that can save me from having her fate is going to college/tech school and I don't have the money for any of it. I'll have to take out massive student loans.ls your daughter planning on going to college? If so, maybe you should help her out with that.

Answer 5

Well depend of what age she is? If she is over 22, so charge her little more £30 per week. That my advice to u about to how to charge your daughter with her earn (£210) is more that normal wages. hope u got your answer u want.

Answer 6

I would charge her at least £40 to £60 a week . When I lived at home many years ago now I paid £20 and thought that was fair.

Answer 7

How old is your daughter? If she's an adult now, charge her about 15-25% of her salary. Then I would recommend putting that into a savings account for her and give it back when she moves out so she has enough to make a deposit or down payment.

Answer 8

Depends what you are charging her for. You could state a flat rate for all 'services' (i.e. washing, power, food) or you could charge her a lower rate and ask for contributions (so she understands the idea of budgeting for such things later in life). You also need to ask if she's saving any money in a saving account, in which case you could ask her for slightly less money, as she's being responsible and thinking about her future.

It's a tough one, but maybe about 1/3 of her take home pay for all inclusive? Perhaps you could sit down with her and ask her what she thinks is reasonable (after you've shown her all her bills, to give her a sense of how much things cost these days!) Good luck!

Answer 9

I would ask for her to help buy food. If I could I would charge her $50 dollars a week and then deposit that money into a savings account especially for her without her knowing. Then when the time comes for her to move give her the money as a surprise gift from you.

Answer 10

I know a lot of people who pay their parents in excess of £100 a week in rent. They could get a mortgage on a flat for about that much. I would say perhaps £35 a week, and £25 a year towards the TV licence if she watches a lot of TV.

Answer 11

I think you need to think about what out goings your daughter has and what she would expect from contributing. If you are going to do all her laundry, feed her 3 meals a day and provide all her toiletries. I think 60-80 pound wouldn't be too much to ask she would still have a minimum of 130 GBP left. If she was to move out into a place of her own it would cost her a lot more.