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 Should an 18 year old guy keep saving his money or spend it?
im 18, and i will have roughly 2000 dollars saved up come march 18th.

now, the thing is, its taken me a while to get there. my job at kmart has cut my hours tremendously and it sucks ...


 When can i be rich?
...


 When co-workers ask to borrow money whats the nicest way to say no? Me getting burned?
loan money ...


 What Would you do with a million bucks? Be Honest!!!?
Would you help the poor or help a fellow family member or friend? Would you buy a new house or a Luxury Car?...


 My son found a wallet containing ?
£800 in £10 notes,he said as it was obviously drugs money he was keeping it and that would be his contribution to fighting the drugs menace, did he do the right thing?
Additional Details<...


 Im pissed.?
im pissed off at the world cuz i aint got no money and i need a lot. what should i do? how can i get $50,000? I need it really bad.

how can i get that money without getting a loan, ...


 What is a ssn?
...


 What's a good way to make $1000?
I know that this sounds like a really stupid question, so serious answers only please. I want to surprise my boyfriend with a trip to New York.

Don't say stripping/porn.
I ...


 My husband is being made bankrupt?
will they freeze my seperate bank account and what assets will they take from our home ?...


 If you had 100k what would you do ????
how would you use it to improve your life...

eg. leave work, buy a new car, etc ...


 How to avoid spending money on unnecessary things at the mall?
I'm 15 & my mum would give me $35-$40 per week but I can never seem to have more than $100 in my wallet?
What bothers me more is that after a day in the mall [money gone] I start to ...


 What's the first thing you'd do if you won the lottery?
...


 What is the advantage of having a credit card?
Is it better than a savings account?
Can anyone list the goods and bads of having a credit card?
I'm thinking of getting one....


 How can I earn money very quickly? I have no real skills and do not like manual work?
...


 I went to my bank to check my balance to find I had an avasilable balance of 50,908.19.?
I am wondering where I stand with this in my account as its sure to be a mistake ??...


 What are some ways to make alot of money when you're 13 years old?
I want to raise near 1000 dollars (I'll do anything!!!) for my future. don't ask. I know i shouldn't be concerned yet, but that's not the point. I just want to make some serious ...


 What is 20% of $65.00?
...


 What did you buy today that you could easily have lived without.?
Everyday I buy SOMETHING that I didn't have to. I probably blow 5 to 10 bucks a day, sometimes more, on worthless crap like soda pop or energy drinks, junk food, books, movies, and lots of other ...


 How can I become a millionaire?
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 I have just come in to a bit of money (£5000) what shall I do with it!?
I have got a bit of money come to me. I wana know what to do with it- not holidays. I can do that anytime. I love my car to bits (Tigra) so I odnt want to get rid of that. 3 options.
*surgery
...



joleen19842006
My daughter brings home £210 a week wages. how much should i charge her for living here????
                     
 




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


Drew
50 to teach her , more if you want her out. if you charge her you need to give up any rule except what a landlord would do. Also you need to claim the income for taxes.


piknik86
Rating
Its not about how much she brings home its about how much it cost you to keep her.


ALAN Q
I have two daughters living at home. I don't make a business of them, I just ask them to get some stuff we need, whenever.


Roxy
Rating
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!


SR13
Rating
It depends if you are providing food in the living costs. I would say about 30 pounds per week plus food costs relevant to how much she eats. Leave her money to save up for her own place or she'll never be able to move out.


Spiny Norman
£25 p.w.seems reasonable. But a contribution towards Winter bills would also help!


Buckytooth
take £60 and save £40 for her. Give it to her when you fell it is time.


PIRANHA
Rating
£220.00


peanutbulls
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.


Corvinus
Rating
£60 -£90


PATRICK
Rating
100 a week is about right


Afro
It would depend on the facilities she would be using. If she used everything BAR the phone...I would charge her £60
This is more than reasonable as she will be as warm and worry free as when she was a child.
I would make her pay the price of any calls she made; and...she would be responsible for washing her own clothes.


anndonuk
Rating
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.


Bruce P
Id say about £40-£50


nosdda
Rating
Add up how much it costs to feed her, then add on for gas, electric, water and any Council tax, then decide from this, how much it is costing you for this. If you want to add some rent on, that is up to you. Perhaps at a guess, about £60 per week.to start.


monkeymanelvis
Rating
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.


linkysplinx
Rating
I take home £1400 a month and pay £200 a month rent.
(£350 a week - £50 rent)


existingtobe
Rating
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.


purplemonki82
It depends on how old you daughter is. If she is older than 20 then you should work out a percentage with her. If she is younger than let her stay on for free. Family is family right?


sharon m
if she is silly with her money i would take 50 pound and put 20 away for her without her knowing, but i believe that 30 pound is fair


scorpionbabe32
Rating
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.


?
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.


Wheelebin
Rating
I pay £40 a week and everyones happy with that.


MICHAEL B
I would suggest £60 but £30 of it put in a savings account for her .
You will then be teaching her two important lessons.


STEVE S
Rating
id charge her £50-£60 per week,i think thats fair and leaves her plenty of money for herself


rinfrance
At least £50 to include food and who does her washing? Maybe she does yours as well? There is no definitive answer, we have to live on a lot less than that. (thats why we do not live in the sunny UK)
One has to consider your circumstances, their transport costs, but if they are going out and regularly getting drunk for example, then you need to charge more...


sean_5505
Rating
no more than 30 pound. she has a life to lead and the cost of living these days is more and its gettin higher and higher. 30 quid is fair i think


ஐ♥PinkBoo - TTC #1♥ஐ
How old is your daughter? I couldn't imagining asking my child for money to live at home...?! But it does depend on their age, she shouldn't be 25 plus and still living at home rent free. You should support your child opposed to giving her grief over ANOTHER bill.

The amount you charge your child to live at home shouldn't be dependent on their profession and how much she gets from her pay cheque. Think about how often she is at home, how much food she consumes, how often she uses the phone...

If you and your husband don't really need the money from her, why not take the board, and save it for her so that she has money for a deposit when she does decide to move out


tbird
I would charge her 50 lbs per week and take the money she gives you and put into a savings account for her so she has some money saved to move out some day. For you know when she wants to move out some day you are going to have to help her. So know you have the money already set aside for her to move.


Jen G
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.


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