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#11
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Male teen--19--room and board
My parents did the same thing when I was in that situation. I ate with the
family, but paid most of my own bills when I was 18 or 19. They charged me 50 a week (I think. it's been a while). But then When I got married, I found out that they had been banking it all and gave it back to me as a wedding gift. "August" wrote in message ... We had the exact same situation. 18 1/2 years old and working in the kitchen of a steak house. Working slightly less than full time though and making less that $8.00 an hour so his take home pay was less than your son's. We charged our son $50 a week for room and board and stopped buying his clothes and paying his car insurance. We would treat him when he went out with us as a family, he could eat with the rest of the family & raid the cupboards for snacks but if he did something like fry up a pound of bacon for a midnight snack he had to replace it. We took all the money he gave us and put it in savings in case he needed it for an emergency down the road....mostly thinking medical since once he dropped out of college he was no longer covered on our insurance. Or, if he needed a loan for car repairs we could lend it to him from his own money ;-) The small rent payment and responsibility toward other things was enough to keep him having to watch his money but not breaking his bank. We didn't want to force him cold turkey into the real world, but wanted to make sure he knew it wasn't a free ride. ~August "Mordido" wrote in message om... My son's almost 19. He's dropping out of college near the end of his freshman year. He was told that as long as he was in school, he'd not be charged room & board. Now he's quiting school, has a job at $8.50 an hour cooking for a steakhouse and working full time. That's about $340 a week gross, about $272 net, and about $1088 a month net. Can anyone provide some insight on charging him room & board, i.e. do I charge a percentage or what would be fair. He's my son and I don't mind feeding him and helping him out, but I feel it doesn't help him to not charge him room & board because in the real world things just aren't that simple and easy. I want him to get an idea of what it'll be like when he gets his own place and has to pay rent, food, utilities, clothing, haircuts, etc--all out of his own money, which until recently his mother and I have taken care of. So, if someone can find the time, please advise on how much or how my wife and I should go about charging our 19-year-old son for room and board. P.S. To get an idea of the cost of living, we live outside Philadelphia, Pennsylvania. |
#12
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Male teen--19--room and board
My parents did the same thing when I was in that situation. I ate with the
family, but paid most of my own bills when I was 18 or 19. They charged me 50 a week (I think. it's been a while). But then When I got married, I found out that they had been banking it all and gave it back to me as a wedding gift. "August" wrote in message ... We had the exact same situation. 18 1/2 years old and working in the kitchen of a steak house. Working slightly less than full time though and making less that $8.00 an hour so his take home pay was less than your son's. We charged our son $50 a week for room and board and stopped buying his clothes and paying his car insurance. We would treat him when he went out with us as a family, he could eat with the rest of the family & raid the cupboards for snacks but if he did something like fry up a pound of bacon for a midnight snack he had to replace it. We took all the money he gave us and put it in savings in case he needed it for an emergency down the road....mostly thinking medical since once he dropped out of college he was no longer covered on our insurance. Or, if he needed a loan for car repairs we could lend it to him from his own money ;-) The small rent payment and responsibility toward other things was enough to keep him having to watch his money but not breaking his bank. We didn't want to force him cold turkey into the real world, but wanted to make sure he knew it wasn't a free ride. ~August "Mordido" wrote in message om... My son's almost 19. He's dropping out of college near the end of his freshman year. He was told that as long as he was in school, he'd not be charged room & board. Now he's quiting school, has a job at $8.50 an hour cooking for a steakhouse and working full time. That's about $340 a week gross, about $272 net, and about $1088 a month net. Can anyone provide some insight on charging him room & board, i.e. do I charge a percentage or what would be fair. He's my son and I don't mind feeding him and helping him out, but I feel it doesn't help him to not charge him room & board because in the real world things just aren't that simple and easy. I want him to get an idea of what it'll be like when he gets his own place and has to pay rent, food, utilities, clothing, haircuts, etc--all out of his own money, which until recently his mother and I have taken care of. So, if someone can find the time, please advise on how much or how my wife and I should go about charging our 19-year-old son for room and board. P.S. To get an idea of the cost of living, we live outside Philadelphia, Pennsylvania. |
#13
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Male teen--19--room and board
My parents did the same thing when I was in that situation. I ate with the
family, but paid most of my own bills when I was 18 or 19. They charged me 50 a week (I think. it's been a while). But then When I got married, I found out that they had been banking it all and gave it back to me as a wedding gift. "August" wrote in message ... We had the exact same situation. 18 1/2 years old and working in the kitchen of a steak house. Working slightly less than full time though and making less that $8.00 an hour so his take home pay was less than your son's. We charged our son $50 a week for room and board and stopped buying his clothes and paying his car insurance. We would treat him when he went out with us as a family, he could eat with the rest of the family & raid the cupboards for snacks but if he did something like fry up a pound of bacon for a midnight snack he had to replace it. We took all the money he gave us and put it in savings in case he needed it for an emergency down the road....mostly thinking medical since once he dropped out of college he was no longer covered on our insurance. Or, if he needed a loan for car repairs we could lend it to him from his own money ;-) The small rent payment and responsibility toward other things was enough to keep him having to watch his money but not breaking his bank. We didn't want to force him cold turkey into the real world, but wanted to make sure he knew it wasn't a free ride. ~August "Mordido" wrote in message om... My son's almost 19. He's dropping out of college near the end of his freshman year. He was told that as long as he was in school, he'd not be charged room & board. Now he's quiting school, has a job at $8.50 an hour cooking for a steakhouse and working full time. That's about $340 a week gross, about $272 net, and about $1088 a month net. Can anyone provide some insight on charging him room & board, i.e. do I charge a percentage or what would be fair. He's my son and I don't mind feeding him and helping him out, but I feel it doesn't help him to not charge him room & board because in the real world things just aren't that simple and easy. I want him to get an idea of what it'll be like when he gets his own place and has to pay rent, food, utilities, clothing, haircuts, etc--all out of his own money, which until recently his mother and I have taken care of. So, if someone can find the time, please advise on how much or how my wife and I should go about charging our 19-year-old son for room and board. P.S. To get an idea of the cost of living, we live outside Philadelphia, Pennsylvania. |
#14
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Male teen--19--room and board
My son's almost 19. He's dropping out of college near the end of his
freshman year. He was told that as long as he was in school, he'd not be charged room & board. Now he's quiting school, has a job at $8.50 My daughter is 20 and employed full time. We don't charge rent, but she does pay her own personal bills. She pays her car insurance, cell phone, credit cards. She does help out around the house and does take care of her younger sister on occasion when I work. She shops for food on a fairly regular basis and when she gets a yen for something special she does buy for everyone. We dont charge rent because we want her to have the opportunity to save some money. Average rent in our area for a 1 bdrm apt. is about $1,000 so I don't see her moving anytime soon. As long as she is being responsible for her bills and contributing to the house in some way I think we'll keep it that way. |
#15
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Male teen--19--room and board
My son's almost 19. He's dropping out of college near the end of his
freshman year. He was told that as long as he was in school, he'd not be charged room & board. Now he's quiting school, has a job at $8.50 My daughter is 20 and employed full time. We don't charge rent, but she does pay her own personal bills. She pays her car insurance, cell phone, credit cards. She does help out around the house and does take care of her younger sister on occasion when I work. She shops for food on a fairly regular basis and when she gets a yen for something special she does buy for everyone. We dont charge rent because we want her to have the opportunity to save some money. Average rent in our area for a 1 bdrm apt. is about $1,000 so I don't see her moving anytime soon. As long as she is being responsible for her bills and contributing to the house in some way I think we'll keep it that way. |
#16
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Male teen--19--room and board
My son's almost 19. He's dropping out of college near the end of his
freshman year. He was told that as long as he was in school, he'd not be charged room & board. Now he's quiting school, has a job at $8.50 My daughter is 20 and employed full time. We don't charge rent, but she does pay her own personal bills. She pays her car insurance, cell phone, credit cards. She does help out around the house and does take care of her younger sister on occasion when I work. She shops for food on a fairly regular basis and when she gets a yen for something special she does buy for everyone. We dont charge rent because we want her to have the opportunity to save some money. Average rent in our area for a 1 bdrm apt. is about $1,000 so I don't see her moving anytime soon. As long as she is being responsible for her bills and contributing to the house in some way I think we'll keep it that way. |
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