- How much money should I give my parents?
- Should a parent ask their child for money?
- How much should I charge a friend for rent?
- What can you legally do at 14 in the US?
- Can my parents take my phone if I’m 18?
- What should a teenager pay for?
- How much should housekeepers charge?
- What is a reasonable room and board fee?
- Is it illegal for a minor to pay rent?
- Should I charge my 16 year old rent?
- Should your child pay rent?
- Why do parents make their kids pay rent?
- How do I talk to my child about paying rent?
- At what age should your parents stop supporting you?
How much money should I give my parents?
For most, this means giving them spending money each month.
The amount tends to vary according to how much each person can afford.
According to this online discussion from 2017, it ranges from RM200 to RM1000 on average.
Some even claim that it should be 10% of your income..
Should a parent ask their child for money?
Yes if their adult children are well off and can afford it. Their parents should need to ask for money. Kids will give them money like the pocket money they got from their parent all those years. They raised you good, have some respect and help your parents keep their dignity in their old age.
How much should I charge a friend for rent?
So going by the two-thirds rule, if you have one guest over who stays longer than a week, that guest should pay $8 per night while you and your roommate should each pay only $12 a night while the guest is over, so that in the end you pay two-thirds of what they do.
What can you legally do at 14 in the US?
However, there are some things that young people can do before they legally become an adult….Age Based Rights.AgeRight or Responsibility14May be sentenced for crimes under adult law14Donate organs/tissues for medical purposes14Age of consent if partner is less than 5 years older15Able to work without consent of parent/guardian39 more rows
Can my parents take my phone if I’m 18?
No it is theft if they take your phone and don’t give it back, it doesn’t matter if you live with your parents or not it is your personal property and as an adult being over 18 you have rights.
What should a teenager pay for?
By age 16, expect your kid to work for you with chores or at a part-time job. He or she can use this money to pay for a cellphone bill, a portion of car insurance and gas on your car, and as savings for his or her own car if he or she is driving.
How much should housekeepers charge?
Housekeepers charge an average of $15 to $40 per hour or $0.05 to $0.15 per square foot. Cleaning the typical 2,600-square-foot home costs $130 to $390 and takes 1 to 3 hours to complete. Full-time salaries range from $25,000 to $60,000 while live-in housekeepers charge $1,200 to $2,500 a month plus room and board.
What is a reasonable room and board fee?
When you say room and board, that to me means you’re going to feed the renter too, so the price goes way up. I’d say at least $700/month if that’s the case. If you’re offering just the room, all utilities included, and maybe a little bit of furniture, then in the $500-$550 range.
Is it illegal for a minor to pay rent?
2 attorney answers Technically, a parent cannot charge a minor-child “rent” since the parent is legally obligated to care for the child. That includes providing a place to live. But, you’ll never get the police or courts to enforce their not taking your money, unless you wanted to…
Should I charge my 16 year old rent?
When to Charge Rent As long as your teen is attending school full-time (whether it’s high school or college), don’t charge rent. But, don’t let him continue the free ride if he’s not furthering his education. … Your 16-year-old drops out of high school and says he wants to get a job.
Should your child pay rent?
OneFamily research found that most adults living with their parents helped with households bills and/or mortgage payments. … You might feel guilty about making them pay their way but remember paying rent will teach them good lessons about budgeting and will encourage them to save and become independent.
Why do parents make their kids pay rent?
Parents that make their kids pay rent are teaching their children a small lesson in how to exist in reality. Everything in the real world costs money, and the parents are putting in their own cash to afford the housing – it’s perfectly reasonable to expect the kid to pay up or move out.
How do I talk to my child about paying rent?
Spell out in advance the repercussions of failure to pay the rent. Options: Ask the child to “work off” the balance in some way; review the child’s expenses and, if a reasonable explanation exists, consider lowering the rent; or suggest a part-time job to help cover the shortfall.
At what age should your parents stop supporting you?
Kids and parents often have different ideas about when support should stop. In the MONEY poll, parents helping adult children generally believed kids should be independent by age 25, but acknowledged that in their own situation, 30 was more likely. Young adults put those ages at 27 and 32, respectively.