Would you charge your parents rent?
bettacheckyoself
Posts: 570
in Chit-Chat
Situation (not my own situation):
You are doing well financially (mortgage paid off, you and your spouse have high paying/stable jobs etc.). You have 4 children that are all under the age of 10. You let your mom live in your finished basement after your dad passes away. Her only income is from the government (pension/benefits) which is around $800-1200 per month.
Would you charge her RENT?
IF ...
Yes - Then how much would you charge her ?
No - Tell us why, is it wrong ?
BE HONEST ....
tnxs.
You are doing well financially (mortgage paid off, you and your spouse have high paying/stable jobs etc.). You have 4 children that are all under the age of 10. You let your mom live in your finished basement after your dad passes away. Her only income is from the government (pension/benefits) which is around $800-1200 per month.
Would you charge her RENT?
IF ...
Yes - Then how much would you charge her ?
No - Tell us why, is it wrong ?
BE HONEST ....
tnxs.
0
Replies
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Would depend on if she had charged her child/children rent when they were growing up in her house? - I'd say she's paid her dues once already0
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If they can I would ONLY if they were interested in doing that with you. The best bet is to talk to your mom about that and see what her financial situation is like or what she feels is better.
But with your mortgage paid off sounds like the money would be for nothing necessary. Maybe have her help pay for something she wants to participate in like groceries, internet, television, or gas getting her around. Or if you don't charge her rent make her understand she supplies herself everything like groceries, clothing, and everything else she might need.
Whatever works you should do it for the good of all the family. Sounds like you have a great situation for her to move in and maybe your kids will love having grandma there all the time!0 -
no its your mum!!! i bet shes helped you out a tonne growing up without asking for anything in return. by the sound of it your ok with cash, maybe get her to look after the kids or clean or cook once in a while0
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No freaking way ......0
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Uhh, lemme think...NO :noway:0
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No way! That is unthinkable to charge your parents rent, especially your widowed mother. It would be heartless, that is why it is wrong.0
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If I was well off financially, and my mom only took in that small amount of money, I would never charge her rent. It sounds like a situation that might be emotionally humbling for her too, a step down from being in her own home. I would want her to feel welcome. She could pay for he own food and other personal items.
The only time I would charge rent would be if I was strapped financially. Then I would appreciate something from her. But that isn't the situation you are describing.
Mothers give up everything for their kids over many years. This is an opportunity to give something back to her.0 -
No way.0
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No way but then my mum always spoilt me so how could I do that to her?0
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No way.
BUT I would take full advantage of the built-in baby-sitting availability.0 -
No, I really don't believe in charging family members rent...for the most part they come to live with you because they are going through some hardship. ...Its ok to put time limits on the length of stay of course and ask chores....but rent I think no ..otherwise its too hard for them to get ahead.....Especially parents....0
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sure, right after I pay them the labor of changing my diapers, cooking me meals, taking care of me, paying for my food, school, etc etc etc. Once I'm done paying for it, I'm sure I can charge them.0
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After all that my parents has done for me, there is NO WAY I would charge them!0
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Absolutely not! Your parents raised you. And if you have 4 children, you know how much it costs to raise children. The struggles in life you face, all worth it, but struggles nonetheless. I would NEVER charge my parents rent if they needed a place to stay. My house will always be a home for them as their house was always a home for me.0
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NO
I would make her work it off...watching the 4 brats..0 -
No way.
BUT I would take full advantage of the built-in baby-sitting availability.
Oh hell yeah!! :glasses:0 -
I guess it would depend on the specifics, but for me, if any of my grandparents or my mom needed me in that way, then I would not charge them.0
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I guess it depends on the relationship you have with your mother. Mine was a bad one from the day she found out she was pregnant to the day she died, so I would have. If it would have been a good one, I wouldn't have charged.0
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No, frankly it sounds like she's not that well off and you don't need the money.0
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Hell no. For sure I wouldn't charge my father. I'm in college and he's helping me as much as he can while still teaching me to be financially independent without charging me a DIME in rent or living expenses other than food, which I buy myself anyway. What purpose would there be to charge her? If you are well off, then give back to your now widowed mother.
And I agree.. Free babysitting!0 -
I guess it depends on the relationship you have with your mother. Mine was a bad one from the day she found out she was pregnant to the day she died, so I would have. If it would have been a good one, I wouldn't have charged.
I hear you on that one. I would SO charge my mom. Our relationship hasn't been good since I was 12. I'm 21 now. We don't even talk now.
My dad? Baller as h3ll!0 -
Absolutely not. If my mother was such a bad mother that I would feel entitled to charge her, I would let her stay with me on a short-term basis to get on her feet but help her find her own place to live. I would not charge her.
Assuming the mother in question is someone who is welcome to live there for the long-term, no way. Stay for the long-term and relax. If she wants to contribute, she can always go grocery shopping or cook or babysit or whatever she is physically capable of doing.
I would personally never dream of charging either of my parents.0 -
No way.
BUT I would take full advantage of the built-in baby-sitting availability.
This0 -
I'll go against the grain. I'd say it depends on the financial situation of the parent. If they are well off and just want to live near their child and their family, it don't see it as any kind of travesty. If the parent doesn't have a lot of extra cash and the child has plenty, then no.
It all depends on where the financial strains appear (child or parent), the strength and nature of the relationship and a dozen other factors. In other words, each situation would vary greatly from situation to situation.0 -
No, I would not charge my parents rent. For one, they raised me without asking for a penny. And yes, once I started working I helped pitch in but I also had a child at a young age so felt like as a parent I should contribute to the household. And my parents have always been there for me, helped me when I needed it, and not just with money. I feel like if you can afford to have them live with you for free you should.
A friend of mine has her mother live in the finished basement in their house with her husband and three children. She was the only child and her father has passed. The grandmother helps care for the kids a couple days a week and helps run them to school and activities but she wants to. She also spends the smaller amount of her income on the kids every month. So in turn she pays nothing.
Sounds like a good exchange to me.0 -
Nope, but I would expect her to help out with the kids and around the house as long as she was able.0
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I know someone who was trying to do this and they kept trying to convince me that their mother wouldn't feel independent if she didn't pay for her stay. He was trying to tell me he was doing it so she wouldn't feel like she was being a burden. He wanted to charge her $1000 per month.
The relationship was never close, but there wasn't any real conflict between them. He did have a disagreement with his father and decided to not talk to both his father and mother for many years until he found out that his father was on his deathbed.0 -
NO I'd defidently not charge my mum to stay with me.
I'd guarantee Id come home with her doing the cleaning, moving furniture around and probably cooking (those are things shes always doing at hers ) BUT I wouldnt complain about the cooking, mums cooking is way better then mine!0 -
never0
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If they were having financial trouble and I could help, no I would not charge them. If it was some other scenario it would depend.0
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