Jackie F
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Look in your local newspaper in the classifieds. Look for "Rooms for Rent" or a similar category. Get a feel for the average price of renting a room in your area, and then discount it 10% as a "family discount". |
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josazja
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When I started looking for apartments, my mom told me that rent shouldn't be more than 25% of your monthly income. I wouldn't know about food, maybe add $50 to $100 per month depending on how much she actually eats at home. |
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Rabid
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I would start by dividing the utilities and food bills by the number of people living in the house, and assign the daughter one portion of that. Then, you must decide on what you want for your daughter. If you want her to leave home, charge alot more money. If you want her to go back to school, charge a moderate amount of money and tell her the rent will decrease if she enrolls in school. If you dont mind that she lives there, then only charge her a little extra. Without knowing her exact income or the wealth level of the area of the country you live in, i really cant be more exact than that. |
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went right
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Do you really NEED to make money on your DAUGHTER in that way? I mean unless you want her out of the house and you are using that(rent) as a SPOON HANDLE...
What about working with her to SAVE UP MONEY so that when she finally does find a well planted JOB/CAREER she will have the money to put down on a MORTGAGE rather than pay the high priced rent that is "going around"...
WHAT type of legacy do you wish to BUILD with/between you and your daughter...
TO FOSTER A POSITIVE STANCE into the future...
HOPE IN PEACE |
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kRispie
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she should get back in school... tell her that and ride on her till she actually does get back in school.
then maybe she could get a good job with better pay. |
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Christian Betty
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Look in the paper to determine what rooms cost |
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Tracy Paige
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take the average of your monthly expenses- mortgage, utilities, cable, groceries and divide by the number of people living in the house.
example:
mortgage- $1200
groceries- 400
utilities- 300
cable- 80
_________________________
$1980
divided by 6= $330 a month. Offer a huge discount if she goes back to school. |
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SAD
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at least $ 200.00 per month |
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~MB~
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i'd charge her 25% of the mortgage, plus 25% of the utilities if she's got her own room. She can eat for free. lol |
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Luck Be A Lady
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$450 |
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dude
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Room and board should be at least @ $100/wk |
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blonde g
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$1,000 a month! |
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Monte T
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Make so she has to work 40 hrs a week, you probably know how much she makes an hour so, you have to make so she will start taking responsibility for her actions. Throw the rent in a jar or whatever and re-gift it to her when she says she is moving into her own place. |
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iammaurer
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I'm 27 and moved out immediately after college. I think the best way to help her in the long run will be to charge her real-world prices.
If she becomes accustomed to a mommy-and-daddy-payment that's only 50-70% of what it costs to live in the real world, she'll never move out successfully. Therefore I would charge her approximately what it'd cost for her to live with a roommate in a 2-bedroom apartment. The food should probably still be free. If she's not working full time she has to have some money to put away for a security deposit and first month's rent on a new place.
This should help her manager her budget and get used to the real costs of living. I have many friends who live at home and b/c their parents barely charge them to stay there, they go out and get new model BMWs and Mercedes. I guess you can afford a $500 car payment when you're 22 and live at home, but that has absolutely no bearing in living life outside of your parents protective bubble.
Obviously, if you want her to succeed on her own you need to teach her what it's like w/o having you to fall back on. Get her accustomed to that now. |
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Linzer
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My parents feeling on it is that as long as their kids are going to school and/or working full time then there is no reason the pay rent. There only requirment is to help clean house and do laundry, etc.
Though I am 21, wife and mother and not living at home. If wasn't, then that would be the case. I work or school or both. And make sure you are helpful. *shrugs* But then again, I lived in an LDS home and things are a little different. |
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Suz
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My parents had a cool rule. We either had to pay them rent, or prove that 1/2 of our paychecks were going into a savings account. (there are many 5.+% APR banks online, with no minimum balance to join). Check local newspaper to see what rents go for "room + kitchen privileges". Also, see if specific assigned household duties, you the parent could pay them for, but demand it go into savings. |
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sweetpie65
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I`ve been trying to get car lessons when I turn 16,but my mother said'' no ,not until i get mine first''.Then I try to get a job when I was more out going,my mother said ''i`m taking care of you. You don`t need a job.Just worry about your school work''.I just turn 22 about 2 months ago and now she tells me I should get a job.I`ve been searching news papers for a job for a long time ,but I haven`t gone for it because i`m so scared to do it.She should of let me get a job years ago.
I`m surprise that your daughter has to help pay for the rent.My sister is 2 years younger than me and she had many jobs already but my mom doesn`t allow her to help pay the rent.The funny thing is that for the past 2 years my mom tells me to pay for my schooling,buss pass or what ever with my student loan and I have to pay the government back when I finish schooling.Maybe you can do the same with your daughter,let her pay for her schooling instead of worrying about the rent.If you have money troubles because of bills ,I think 100$ a month is enough for her to pay.
I`m in the same situation as your daughter but I don`t have a job,still looking for one.I was taking 1 course this semester and I was home alot.Depression is my main problem right now. |
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Snoopy
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Given what you are saying, I'd probably charge her about 1/2 the price she could get an apartment for. If she were in school, I'd charge a lot less, as it can be rough to work full time and work on your education. |
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A M
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Depends. If there's a valid reason she's living at home (still in college, not found a full time job) I'd say nothing. But once she has a full time job, I'd determine rent based on how much she contributes to the household in other ways. If she does nothing, charge her full market price for the area for renting a room and use of the house. Bring down the rent based on how much she does for the household. And agree with her on some time frame when to find that fall time job and when she should move out! |
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NYC Chutzpah
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charge her a percentage of her income. Do not do her laundry, do not clean up after her, shove her stuff that is left around the house into her room. Let her pay her own car expenses (insurance, gas, repairs) put a lock on the fridge and don't give her a key. Good Luck |
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