|
| |
Should Dad Raise the Rent on 18 and 19-year-old Sons?
A father on the forum asks: My wife and I have 3 great sons 13, 18 and 19 going on 20 next month. We live in a high end area in So. Cal. my wife and I make pretty good money but like most tax paying Americans we have credit card debt. Our 2 older boys work for me and my oldest boy is on his 4th year at a local junior college. They have bank accounts and do an okay job with saving their money while we pay the debt accrued through credit cards along with the normal day to day living expenses.
Our oldest boy chose college so he pays 500.00 a month and our 18 year old chose work so he pays 550.00 a month for rent. Now they both work full time and I would like to raise their rent to $650 for the 19 year old and $700 for the 18 year old. Am I crazy?
My wife does not agree with me. This rent raise will help pay off out credit card debt that much quicker and even though having children was our decision. Most of the debt was accrued for them. Now they are able to help pay some of it off i feel they should.
Denise's thoughts: While I understand the debt and your wanting to clear it as soon as possible, I agree with your wife on not raising the rent. Although, if you want your sons to contribute more to the day-to-day expenses of living in your home, you could draw up a bill for their weekly or monthly food consumption, splitting the food bill - or other expenses - with them. This will help them understand how much it costs to have them at home.
Another reason I would be careful about raising the rent would be the possibility of them moving out too soon. Being independent is a big plus to moving out in a young adults eyes. If they can get away with having a lower rent, with maybe a roommate, your raising the rent could be the push that sends them out the door. That could be what your wife is seeing.
Asking our parenting teens community: Should dad raise the rent or no? Please share your advice and opinions in the comments area.
| Money Saving Tips: Matinees Aren't Just for Little Kids
As movie prices have skyrocketed - like everything else - teens are getting smart about when they are going to see their favorite picks on the big screen. One teen commented to me that she started hitting the movies in the afternoon because she was working Friday and Saturday nights. Then, when she realized what a savings it was to see the flicks during the day, (sometimes a 50% savings!), she continued to do so.
While teens who want to save money for a particular purpose could probably just skip the movies, if your teen would just like to get more bang for their buck, matinees are the way to go.
More on Teens and Money: Follow the About.com Parenting & Family's Thrifty Thursday
| Discipline Children and Teens Without the Guilt
Parents who do their parenting without guilt have an advantage in getting their children and teens to do what is expected of them. Learn the advantages and how to use them here.
| How Can You Keep Teens Safe on the Internet Video
Learn how to keep your teens safe on the Internet so that they avoid cyber bullying and unsafe websites. Here are some tips on how to keep teens safe on the Internet.
| |
| | Parenting of Adolescents Ads
| | | | Featured Articles | |
| |
| | | | Sign up for more free newsletters on your favorite topics | | | | You are receiving this newsletter because you subscribed to the About Parenting Teens newsletter. If you wish to change your email address or unsubscribe, please click here.
About respects your privacy: Our Privacy Policy
Contact Information:
249 West 17th Street
New York, NY, 10011
© 2011 About.com | | | | |
Must Reads | |
Advertisement
 | |
No hay comentarios:
Publicar un comentario